Daily CRR maintenance posing challenge for liquidity management
For the bank, cost of capital raised through Basel III instruments is expected to be lower
Interview with SBI Chairman
Allahabad Bank might need to rely on volatile high-cost bulk deposits and certificates of deposit for refinancing
The apex court will start hearing from 1 Sept to decide the fate of 218 coal blocks allotted
While the banks are integrating their systems to ensure that one person does not open multiple accounts, claims processing could be a concern
Aimed at preventing defaulters from taking fresh loans from other lenders
SBI, ICICI Bank and PNB reduce interest rate for loans above Rs 75 lakh
To raise Rs 5,000 cr through bank loans, commercial papers
NBFCs have to maintain a loan-to-value ratio of 50%
Besides the CBI probe, govt as the owner of both banks has ordered a forensic audit
Policy can't be implemented in isolation, say bankers
ATM-enabled RuPay cards, which will come with newly opened accounts, will have an accident insurance benefit up to Rs 1 lakh
The company had raised $77.1 mn through FCCBs in two tranches - $17.1 mn in FY10 and $60 mn in FY11
Rise in yield due to a combination of factors including a cut in SLR and sticky inflation outlook
Want road map to convert into commercial bank