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SBI cuts medium-term deposit rate by 25 bps

Simultaneously, the bank has hiked the deposit rate by 25 basis points in the 180-210 days category to 7.25%

Bank of Maharashtra to raise Rs 1,000 cr via Tier I Bonds

17 Sep 2014

The capital adequacy ratio is around 11%

Muthoot Fincorp floats second NCD issue

16 Sep 2014

The NCDs have face value of Rs 1,000 each

IndusInd Bank cuts interest rate on savings accounts

16 Sep 2014

The reduction in interest rate came into effect from September 1

Kotak's 15% stake buy in MCX gets CCI nod

16 Sep 2014

According to the CCI the proposed deal "is not likely to have an appreciable adverse effect on competition in India"

Axis Bank launches e-surveillance facility for ATMs

15 Sep 2014

Private sector Axis Bank today launched e-surveillance facility for its ATMs for better monitoring and detection of any unauthorised activity at ...

PSU banks in focus

15 Sep 2014

Andhra Bank, IDBI Bank, Oriental Bank, Syndicate Bank, Allahabad Bank and Union Bank are up 3-4% on NSE.

Yes Bank dips as FII investment reaches trigger point

15 Sep 2014

RBI said the foreign investors will need the central bank's approval to buy equity in private sector lender.

J&K Bank wants hefty premium to sell its 5% stake in PNB MetLife

15 Sep 2014

Was earlier exploring opportunities to sell its shares in the insurance joint venture for around Rs 700 cr

HDFC Bank goes green, sends debit card PIN by SMS

14 Sep 2014

In a novel green initiative, HDFC Bank has launched a system of sending the personal identification number (PIN) for debit card holders through ...

Demand for Bank of India's Basel-III bonds picks up

13 Sep 2014

Under the new norms call options on additional tier-I debt will now be allowed at five years, against 10 years earlier

J&K Bank re-opens 115 of its 300 flood-affected branches

12 Sep 2014

Says customer data, records, cash are safe

LIC Housing Fin to focus on mortgages

12 Sep 2014

Company says this would help it improve margin

ICICI Bank raises $500 million from overseas markets

12 Sep 2014

ICICI Bank has raised USD 500 million (about Rs 3,000 crore) from overseas markets by selling its bonds to fund foreign expansion plans.

LIC Housing Finance targets Rs 33,000 crore business in 2014-15

12 Sep 2014

LIC Housing Finance has set a target of generating total business of Rs 33,000 crore in the current financial year, up by 22 per cent over the ...

Manappuram announces NCD issue

12 Sep 2014

KOCHI 12 SEPTEMBER Manappuram Finance Limited, a leading gold financing company, announced its public issue of non-convertible debentures ...

Private lenders use stock option bait to retain talent

11 Sep 2014

Time opportune, with market buoyancy and entry of new entities

Bank of Rajasthan shareholders to move HC against Sebi

11 Sep 2014

Sebi's had charged 118 entities of violating the takeover norms by not making requisite disclosures

SBI to open 20 more branches by 2014-end

11 Sep 2014

Set up 15 new branches on Thursday, taking its network in Odisha to 799

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