Page 31 - Somasroy Chakraborty

Fire scare for Mumbai-Howrah Duronto Express passengers

Railways dismisses claims, says technical fault in axle led to detachment of coach

Fuel price hike unlikely to narrow fiscal gap significantly

The increase in fuel cost will have a secondary impact of rising procurement cost for the government

RBI's inaction on rate likely to continue

Despite government's action on subsidies

All eyes on Mint Road, will Subbarao oblige?

85% respondents of a Business Standard poll see no rate cut for now

Banks stare at slowest credit growth in a decade

Y-o-Y credit growth for the banking industry has already plunged below 17% in Aug 2012, is expected to moderate further in coming months

Banks need to improve systems to protect asset quality: RBI

Regulator has asked banks to review existing technology and MIS framework and strengthen systems for early detection of signs of distress at individual account level as well as at segment level

Banks take e-route to auction bad assets

Defaulters' properties are now being sold by various banks on a dedicated portal called NPAsource.com

L&T to expand ship-building, defense businesses' share in order book

Aims to improve return on capital employed over next 2-3 yrs by exiting non-core businesses that are not scalable

Banks see slowest growth in a decade

SBI Cards to wipe out accumulated losses in three-four years, says CEO

The move is aimed at strengthening its customer acquisitions through electronic channels

From November, pay more for credit card repayment in cash

Currently, the bank charges Rs 50 as cash processing fee

Indian issuers are exploring niche markets

Sunil Agarwal, Head - Institutional Client Group, Deutsche Bank India shares his views on the emerging trends in overseas bond issuances this year

SBI Cards to wipe out accumulated losses in 3-4 years: CEO

The company plans to leverage its business partnerships with co-brand partners

MetLife to pay Rs 190 cr for stake buyback

The move is aimed at maintaining MetLife's 26% stake in the Indian insurance venture

Standard Chartered Bank opens branch in Udaipur

The bank currently has around 80 employees across two branches in Rajasthan

Ticket size of India Inc's foreign bond issues dips

Uncertain environment and shrinking investor appetite lead to decline in size

Swiss investors shun Indian papers on downgrade fears

Rising swap costs pull down Swiss bond issuances

Banks caught in a cleft

Future tense as bad loans mount, margins shrink, loan demand wanes

Weak business plan hit Dhanlaxmi Bank's profit: CEO

Lakshmi Vilas Bank opts for direct listing on BSE

The direct listing will help the bank to reach out to 13,300 trading terminals across 295 cities in India