Page 994 - Finance News

Odisha moots mobile banks for un-banked areas

Currently, Odisha State Co-operative Bank providing banking services through 20 vans

SBI in 'Hall of Shame'

HDFC Bank launches SME e-bank

Aims to grow market share in hinterlands

SBI in 'Hall of Shame' of banks funding cluster bomb makers

SBI has been included in the list because of its exposure to Orbital ATK, a US-based company specialising in ammunition

Rexit 'bad omen' for Indian economy, reputation abroad:Experts

Rajan's colleague at Chicago University Booth School of Business Luigi Zingales termed it is a huge loss for India

Rising NPAs, loan frauds drive banks to detectives' alley

They are to ascertain the defaulters' present occupation, income streams among others

FM: Decision on successor soon

In his letter, Rajan has said that the decision to leave was taken after consultation with the government

DBS Bank to start innovation lab

Bank to hire over 2,000 engineers in India over next 28 months

Reactions to Rajan's decision: Govt appreciates good work done by Rajan, says Arun Jaitley

Officials from PMO and the Finance ministry have made no immediate comment on the development

Bleak outlook for tractor loans

Poor monsoons in 2014 and 2015 and slower growth in minimum support price over the last two years will continue to weigh on the performance of tractor loans

UCO Bank approves raising Rs 4,243 crore Tier I capital

Bank also said the board has approved proposal for raising Tier II Capital to the tune of Rs 1,500 crore

Mahindra Fin Services aims to raise up to Rs 24,500 crores via NCDs

WIth more than 16,000 employees in over 1,000 branches across India it is one of the leading NBFCs

Subramanian Swamy fires another salvo at Raghuram Rajan

Rajan yesterday said, 'There are certain allegations which are fundamentally wrong and baseless and addressing them would amount to giving them legitimacy'

Lakshmi Vilas Bank expects 20% rise in business FY17

Bank also aims to add 60 branches during this financial year

RBI eases registration for new NBFCs

RBI may also call for any further documents to satisfy itself on the eligibility of a company seeking registration as an NBFC

Bank employees to strike work on July 12, 13 against SBI, smaller banks' merger

The strike is in protest against government's move to merge associate banks with State Bank of India

For Rs 4,200 crore, banks can take control of 15 debt-laden companies

RBI to continue open market operations

So far this financial year, the central bank has infused Rs 70,000 crore of durable liquidity through buying bonds under its open market operations

SBI launches Rs 200-crore fund for fintech start-ups

The bank to consider assistance of up to Rs 3 cr to an Indian registered company for promoting their business innovations

Now, Narayana Murthy says Raghuram Rajan deserves 2 more terms

Five key voices that came out in support of the RBI governor