Bankers call for a robust bankruptcy law to deal with wilful default
Though banks have not reduced lending rate as such after the fourth bi-monthly policy, many have reduced the spread in their retail portfolios
Country's top bankers optimistic of strong economic recovery in 2015
Around 150,000 employees have participated in the strike
Issues unsecured redeemable non-convertible Basel-III compliant Tier-II bonds in the nature of debentures
Says RBI is working with government to deal with corporates committing frauds
Say policy as per expectation; barring any surprises, rate cut likely in Feb
The central bank had earlier this year granted 'in-principle' nod for banking to only two new players, Bandhan and IDFC, out of 25 banking aspirants
Stocks recover on the central bank hinting rate-cuts early next year
The rotational strike which will extend to the northern and eastern zone is aimed at pressed for a wage hike
Strike will be held zone-wise from December 2-5
At present, foreign investment of up to 49% is permitted through the automatic route. The proposals to raise this to up to 74% require approval
A Crisil report says a reversal of policy at this juncture could jeopardise the recent gains on inflation
Manappuram Finance has not shelved its plan to set up a universal bank
Bankers say demand was more muted this festival season than last year
Data shows that AUM in liquid funds has increased 51% m-o-m
The Bharatiya Mahila Bank, inaugurated by the UPA govt last year with a capital infusion of Rs 1,000 crore, completed a year this Nov
To finance India's future financing needs, you need banks of size and Kotak-ING Vysya merger is one step towards that
Says bank is using the Securitization Act to recover funds