Page 898 - Finance News

Approval for wholly-owned subsidiary still pending with FinMin, says DBS

As a WOS, DBS wants to primarily target the small businesses for its growth in the country

SBI Q4 net zooms 123%, NPA provisioning improves

NII rose 17.3% to Rs 18,071 crore in Q4, from the corresponding quarter of FY16

In FY18, we target over 20% growth in retail loans, says Sunil Mehta

Q&A with managing director and chief executive, Punjab National Bank

Fix corporates first to lift credit flow, says Viral Acharya

RBI deputy governor wants companies to take steps to reduce debt

SBI Q4 net more than doubles to Rs 2,815 cr as NPA situation eases

Bank had registered a standalone net profit of Rs 1,263 crore in the same period a year ago

SoftBank boss follows Trump to Saudi to launch $100 billion fund

SoftBank Group shares surged after Son's December meeting with Trump and his announced investment

Home loans to get cheaper: SBI, HDFC, ICICI Bank, Axis Bank slash rates

For self-employed, rates for home loan up to Rs 30 lakh have been revised to 8.40 per cent

25% of new bank branches to be in villages: Highlights of RBI's new policy

RBI mandated this in - 'Rationalisation of Branch Authorisation Policy- Revision of Guidelines'

Axis Bank cuts home loan rates by 0.30%

A loan under Rs 30 lakh comes under the definition of affordable housing

Bank of Baroda swings back to profit in Q4 at Rs 155 cr

Profit comes on the back of fall in share of gross bad loans

IDBI Bank Q4 net loss widens in March quarter as bad loans surge

NPA provisions balloon to Rs 5,333 cr in Q4

RBI liberalises tier-I presence in new bank branch policy

Final guidelines issued to be operational with immediate effect

Karur Vysya Bank Q4 net profit up by 58% to Rs 217 cr in March quarter

Bank's operating profits increased by 55.30 per cent to Rs 507 cr

UBI net profit at Rs 73.6 cr in March quarter

Total income in the quarter dipped 2.9 per cent to Rs 2,673 cr

Banking changing rapidly, lenders should have CFOs, CTOs, says RBI

RBI has urged banks to appoint qualified chiefs to head critical finance and technology functions

Indian Overseas Bank's Q4 net loss narrows to Rs 647 cr

Bank's total income dropped to Rs 5,661.70 cr

RBI tweaks partial credit enhancement rules for issuers

It allows low-rated corporates to obtain a guarantee from lenders when issuing debt

IOB gets board's nod to raise funds via preferential allotment route

Bank to issue tier-I perpetual bonds of Rs 1,500 cr

IDBI Bank Q4 net loss widens to Rs 3,200 cr as bad loans surge

Gross bad loans rose to 21.25% from 15.16% at year-ago period

Axis Bank follows ICICI, HDFC; cuts home loan rate to stay in competition

For fresh loans up to Rs 30 lakh, rate will be 8.35% for salaried class & 8.4% for the self-employed