Page 1201 - Finance News

Rising NPA level worries bankers in Odisha

The NPAs have mounted to Rs 6,951 cr, about 8% of the total outstanding advances of Rs 84,157 cr, as on June 30

CBI Director seeks details of corporates routing money abroad

Sinha has written to Secretaries of Banking and Revenue Department in the Finance Ministry

JM Financial ARC gets ready for Rs 1,000-crore equity infusion

FirstRand Bank focuses on urban unbanked

Current pilot includes going to smaller, specific areas such as Hill road in Bandra and Lokhandwala in the western suburb of Mumbai instead of going to larger areas

Banks ride on e-commerce wave to woo consumers

IndusInd Bank, has recently launched www.themorestore.com only for its credit card and debit card holders

Bankers press for more liquidity easing

Higher LAF cap, more term repos needed for stable overnight rates, they contend

Lenders want forensic audit of Bhushan Steel

LIC, ICICI Bank, PNB to have nominees on board; firm asked to sell non-core assets

Banking imbroglio holds up India, Singapore trade pact review

CECA review stuck on this standoff, with Delhi alleging discrimination in application of rules for banks' entry & operations

Banks gear up for financial inclusion drive in 2 states

Banks in Odisha fail to maintain CD ratio norm in 25 districts

As many as 25 out of 30 districts have a Credit-Deposit ratio less than RBI stipulated norm of 60%

Place female employees near their family, Finance Ministry tells PSBs

Policy can't be implemented in isolation, say bankers

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

Life's tough for bank treasury officials

Projections, and their boss' temper, go for a toss due to tight liquidity, volatile overnight rates

Bond yields seen falling further this week

The rupee on the other hand was seen trading range-bound

Delivery, infrastructure key for Jan Dhan Yojana success

Industry officials said while bank accounts would be opened in the first stage, insurance would come in the second phase

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

Now, pay to use even home-bank ATMs

Free usage capped at five a month

RBI, Cabinet secy scrutinising PSB chief appointments

Applications are processed by the Cabinet secretary and placed before the Appointments Committee of Cabinet (ACC) for its final approval

'Stronger macro framework is best protection against volatility'

Rajan pointed out that India does not have a reserve currency like the US

Banks to handle the Telangana farm loan waiver

Banks will have to prepare list of eligible borrowers starting with loan accounts at village and branch level