Mukherjee who have more than 35 years of experience in banking, joined Indian Bank as a probationary officer in 1976
Next tranches will have long duration bonds
Acharya, who headed mid-corporate group for bank, was alleged to have facilitated the sanction of a loan against favours
The raids were being conducted over tax evasion case
To arrest the rupee fall, RBI on Aug 14 deregulated interest rates on FCNR-B deposits till Nov 30
Police has confirmed that information on private-banking clients of the British lender had been found in the laptop of a Singaporean man
The currency rose to a 5-week high of 61.54 a dollar during intra-day trade on Thursday & closed at 61.77
State-owned banks may report 30-40% fall in net profit for FY14
CD issuances fall due to ample liquidity with banks
Concerns mainly on regulatory governance and accountability of policy making
They are kept high as the scope of delinquency in this business is more
Says allegations are factually incorrect, legally untenable
The bank to have 25 branches by the end of current financial year
Demands remedy for increasing bad loans
City-headquartered bank's customers who maintain Rs 10 lakh in their accounts for at least 2-3 months before Dec 31, 2014 are eligible
RBI released draft rules planning to introduce increased capital requirements by 2016 for banks regarded as too big to fail and make them subject to greater regulatory oversight