Page 932 - Finance News

Rate cuts no panacea for loan growth: DBS

Loan growth are not encouraging, a modest shift in demand from the money market is likley

Note ban may offset impact of falling Iran deposits at UCO Bank

Deposits have come down from a peak of around Rs 25,000 cr to Rs 2,200 cr at present

Can't match home loan rates with BoB: United Bank of India

UBI reduced MCLR between 60-90 basis points across tenures, effective from January 6

After rate cut, Bank of Baroda eyes bigger home loan pie

On Monday, BoB slashed home loan rates by 70 basis points to 8.35%

IndusInd Bank: Strong show in tough times

The bank tapped into rising footfall to boost cross-selling

RBI may go for 25 bps rate cut in 2017: Citigroup

Citigroup expects 2017-18 average inflation at 4.9 per cent up from 4.6 per cent in 2016-17

RBI autonomy fundamental, we have to maintain it: Bimal Jalan

On the impact of demonetisation, he said that there would be a decline in the rate of growth

PSBs need equity worth Rs 1.7 lakh cr by March 2019: Study

Report highlighted that credit enhancement would be important in making corporate bonds attractive

Blockchain, cognitive computing and cloud to shape future of finance

Getting data to produce insight is the holy grail, say banking and technology chief executives

Now, a robot to assist you at HDFC Bank; first humanoid in India's banking

This is part of an Artificial Intelligence (AI) project it began last year

Bank of Baroda offers lowest home loans rates at 8.35%

BoB has reduced its marginal cost of fund based lending rates (MCLR) by 55-75 basis points

NPA woes to spill over into next fiscal, says Moody's

The report is jointly penned by Moody's and its domestic arm Icra Ratings

For SBI, home loan queries jump three times since rate cut

The bank recently announced a steep 90 bps reduction in its MCLR- based lending rate

Sebi to allow MF buying through wallets, decision likely at Jan 14 meeting

The move comes at a time when online payments are getting a huge push by the government

Cashless transactions see an uptick

Provisional RBI data for November-December show a steady increase in card usage

Charges on card deals to stay to keep banks healthy

Incidentally, the payments platforms as of now do not charge a commission on e-wallets

I-T probes Rajkot bank that got suspicious Rs 871-cr deposits

Post-demonetisation, 25 high-value cash deposits have been identified as allegedly suspicious

MUDRA loan disbursals take a hit due to demonetisation

Despite having a lull after note ban, it has disbursed Rs 80,000 crore from April to Dec in 2016

Now, Syndicate Bank cuts lending rate by up to 1%

MCLR reduced by 0.7%

RBI to give Nepal Rastra Bank Rs 1 bn in 100-rupee notes

After demonetisation in India, NRB had also lowered exchange limit of Indian banknotes