Page 1086 - Finance News

L&T Finance Holdings eyeing Rs 1,000 cr capital from PEs

Group's financial arm expects to complete the process this financial year

Mobile banking users to double globally to 1.8 bn in next 4 years

Indian mobile banking users 50% of its population at present

Indradhanush lacks measures to tackle NPA: CRISIL Ratings

CRISIL noted the government's strategy could boost the performance of public sector lenders

Rupee seen weakening further

PSU banks' revival plan will push credit growth: Crisil

Govt said on Friday it would infuse Rs 20,088 crore into 13 PSU banks within a month

Indradhanush could be game changer for banks: Crisil

Says Indradhanush makes a realistic assessment of the capital needs of public sector banks, but it is highly dependent on the market for raising the money

Unions object Ministry's decision to appoint pvt sector executives as head of public sector banks

This is a definite step towards diluting the public sector character of our banks, says AIBEA general secretatry

No more hiring from pvt sector for PSB top jobs: Banking Secy

Says they are going to hire from the pool of executive directors of the public sector banks itself

Axis Bank eyes 50,000 NFC-powered POS machines by 2015-end

At an NFC-enabled POS, customer has to bring his card within a certain range of machine and debit happens automatically from linked account

SBI sharpens talent focus; branch mentoring in spotlight

The state-owned lender has also assigned all senior officials up to the rank of deputy general manager the job of mentoring four branches

80,000 officers, staff of PSU banks to retire in next two years

Considering vast vacancy in the middle-level position, the government is planning to provide some flexibility in the recruitment

PSU bank reform: Esop, efficiency focus could be game changers

Experts say Esop facility should be extended to GM, DGMs; Banks could cut balance sheet size to improve efficiency

Big bang reforms for govt banks

Seven-point plan includes bank board bureau from April 1, appointment of private sector professionals as heads

'More PSB heads in three months'

Meet new MDs, CEOs and non-executive chairmen of banks

Govt today announced appointment of new heads of five banks including two private ones

Why holding company structure for govt banks has a long way to go

The structure was mooted in 2012 to address the capital needs of banks

REPCO Bank pays Rs 15-crore dividend to Govt

The Centre has nearly 73% shares in the Bank

Rupee might fall further, yields could be range bound this week

The bias of rupee is towards weakening because of dollar demand by importers

Govt launches mission 'Indradhanush' to revamp PSU banks

7 point plan to revamp PSUs includes capital infusion and board appointments

Govt needs to cut political interference in state banks: Jaitley

India's banking sector has been hobbled by its highest bad-loan ratio in a decade