Page 3188 - Finance News
From November, pay more for credit card repayment in cash
Currently, the bank charges Rs 50 as cash processing fee
SBI Cards to wipe out accumulated losses in three-four years, says CEO
The move is aimed at strengthening its customer acquisitions through electronic channels
Despite diesel price rise, economists unsure of RBI's Monday response
Many feel it might not rush to cut rates
Fed rolls out new bond buying plan
To add $23 bn of mortgage bonds to its portfolio by end of Sept, announce its plans for Oct as part of new process
JPMorgan rejigs its operations again
Tim Throsby will take over as global head of equities
Exclusive: Will the RBI slash interest rates on Monday?
The central bank has been adopting a cautious stance till now given the sticky inflation
Rupee at 2-month high of 54.79/dollar
Up 64 paise on fresh selling of dollar by banks & importers amid strong equity mkts & sustained capital inflows
SBI sees no case for further CRR cut at present
Says it expects a credit growth of 18% this year
Rupee near 10-week high of 54.70/dollar
After the Fed announced new monetary stimulus and after India raised diesel prices
Rupee hits 2-1/2 mth highs on hopes for more measures
INDIA-RUPEE-RISE:Rupee hits 2-1/2 mth highs on hopes for more measures
Rupee rallies on diesel hike, Fed action
However, the rupee's session was slightly marred by higher-than-expected inflation
RBI to keep rates steady as inflation jumps: Reuters Poll
INDIA-RBI-POLL:RBI to keep rates steady as inflation jumps: Reuters Poll
Rupee, day's best Asian performer
Jumps 2%, further upside seen in near term
SBI voices concern on inflation, credit growth
Meanwhile, credit growth was not keeping pace with deposit growth
Controlling inflation is priority, says Chakrabarty
Agrees lower interest rates needed to attract more investments
Banks take e-route to auction bad assets
Defaulters' properties are now being sold by various banks on a dedicated portal called NPAsource.com
Banks need to improve systems to protect asset quality: RBI
Regulator has asked banks to review existing technology and MIS framework and strengthen systems for early detection of signs of distress at individual account level as well as at segment level
Banks pay higher advance tax this quarter
The highest tax payer this quarter so far is LIC as the insurer paid advance tax of Rs 1,300 cr