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Somasroy Chakraborty

Somasroy Chakraborty

Somasroy Chakraborty

Page 5 - Somasroy Chakraborty

StanChart doesn't expect RBI to cut policy rates in near-term

RBI is scheduled to announce its bi-monthly monetary policy review on September 30, 2014

StanChart doesn't expect RBI to cut policy rates in near-term
Updated On : 19 Sep 2014 | 2:04 PM IST

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

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

J&K Bank wants hefty premium to sell its 5% stake in PNB MetLife
Updated On : 15 Sep 2014 | 1:15 AM IST

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

Says customer data, records, cash are safe

J&K Bank re-opens 115 of its 300 flood-affected branches
Updated On : 12 Sep 2014 | 11:54 PM IST

BIFR grants temporary relief to SPS Steels

Restrains banks from declaring the company a wilful defaulter, for now

BIFR grants temporary relief to SPS Steels
Updated On : 11 Sep 2014 | 11:53 PM IST

UBI may declare UB Holdings a wilful defaulter

Sources said a few other lenders were also contemplating a move to declare both Kingfisher Airlines and UBHL wilful defaulters

UBI may declare UB Holdings a wilful defaulter
Updated On : 10 Sep 2014 | 1:46 AM IST

Bhushan Steel readies plan to raise Rs 1,000 crore

To sell and lease-back oxygen plants this year

Bhushan Steel readies plan to raise Rs 1,000 crore
Updated On : 09 Sep 2014 | 1:57 AM IST
Decoding wilful defaulter tag
Updated On : 05 Sep 2014 | 2:55 AM IST

Union Bank doesn't want external agency to run Bhushan Steel

Last month, Bhushan Steel's vice-chairman and managing director, Neeraj Singal, was arrested by CBI

Union Bank doesn't want external agency to run Bhushan Steel
Updated On : 05 Sep 2014 | 1:49 AM IST

UBI declares Mallya wilful defaulter

Kingfisher Airlines says it will contest bank's move in Supreme Court

UBI declares Mallya wilful defaulter
Updated On : 02 Sep 2014 | 2:02 AM IST

Mallya wilful defaulter tag shadows MCF open offer

Poddar-Mallya agreement on running MCF likely to be re-worked

Mallya wilful defaulter tag shadows MCF open offer
Updated On : 01 Sep 2014 | 11:46 PM IST

RBL Bank firms up plan to rapidly expand credit card base

To offer cards to individuals with no prior relationship with the bank

RBL Bank firms up plan to rapidly expand credit card base
Updated On : 29 Aug 2014 | 5:23 PM IST

RBL Bank firms up plan to rapidly expand credit card base

To offer cards to individuals with no prior relationship with the bank

RBL Bank firms up plan to rapidly expand credit card base
Updated On : 29 Aug 2014 | 4:00 PM IST

Mallya-Poddar bid for MCF hits UBI hurdle

Sebi asked to reconsider open offer nod as KFA was identified as wilful defaulter

Mallya-Poddar bid for MCF hits UBI hurdle
Updated On : 22 Aug 2014 | 12:59 AM IST

Can public sectors banks clean up the rot within?

Bogged down by inefficient boards, public sector banks have got mired in mounting bad loans and rising corruption. The arrest of the Syndicate Bank chief has created an opportunity to stem the rot, bu

Can public sectors banks clean up the rot within?
Updated On : 20 Aug 2014 | 12:21 PM IST

Financial inclusion may remain an unsolved puzzle for now

Days after the PM announced a financial inclusion package, a look at how banks and insurance firms are going about it & what lies ahead

Financial inclusion may remain an unsolved puzzle for now
Updated On : 20 Aug 2014 | 1:42 AM IST

Bhushan Steel: Smaller banks undecided on external agency

Lenders to meet today; many still to decide on SBI proposal for an entity to monitor its operations

Bhushan Steel: Smaller banks undecided on external agency
Updated On : 18 Aug 2014 | 2:20 AM IST

Charging for higher ATM use will lead to more branch visits

Till now, banks were only allowed to charge customers if they transacted at non-home bank ATMs more than five times a month. That is now being reduced to three

Charging for higher ATM use will lead to more branch visits
Updated On : 16 Aug 2014 | 12:08 AM IST

We'll continue to invest early to capture any opportunity: Satvinder Singh

Interview with Global head for institutional cash and securities services business, Deutsche Bank

We'll continue to invest early to capture any opportunity: Satvinder Singh
Updated On : 13 Aug 2014 | 12:47 AM IST

Muthoot Fincorp to act as biz correspondent for banks

NBFCs were earlier not allowed to operate as business correspondents of banks

Muthoot Fincorp to act as biz correspondent for banks
Updated On : 12 Aug 2014 | 2:10 AM IST

ING Vysya Bank stays away from retail housing finance

Trims home financing due to lower pricing, foreclosures

ING Vysya Bank stays away from retail housing finance
Updated On : 08 Aug 2014 | 12:31 AM IST