Nifty Bank index has gained 14.2 per cent since Friday; experts advice investors book profit in banking stocks as tax cut doesn't address growth and asset quality concerns
These grameen loan melas will be held across more than 300 districts and cover around 6,000 villages across India
Lenders await RBI norms on holdco structure; guidelines are likely to be finalised by year end
Unsecured loans can only offer banks a temporary shelter during a downturn in collateralised credit
The government and the RBI will have to ensure that all banks get a level playing field to manage their businesses professionally
Under govt schemes banks were used only for the disbursement of the loans and village-level corruption was endemic
The appellate tribunal for PML held that though banks had not reported the matter to the authorities
Banks to take cue from merger of BoB, Vijaya Bank, and Dena Bank
The government can have its cake and eat it too if it allows mega banks to run independently and turn others into vehicles for social banking
The idea to create the exchange is the brainchild of three public sector banks - Bank of India, Bank of Baroda and Allahabad Bank
The cost per employee is the highest in large public sector banks
Including consultancy companies, around Rs 5,000 crore of business could be generated
Numbers of officers now more than other workers in PSBs
Analysts cite examples of SBI and BoB to indicate how the mergers could be value-depletive for investors in the near term
We have budgeted Rs 70,000 crore for this year, says Finance Secretary Rajiv Kumar
PNB will take over OBC and UBI to become the country's second-largest lender after SBI in terms of business
Our capital to risk (weighted) assets ratio, or CRAR, is good, says Andhra Bank MD
There were discussions in general since a few months, said Syndicate Bank MD Mrutyunjay Mohapatra
Often the resolution process gets stuck with many smaller players not agreeing with the majority view
There were also deliberations on allowing farmers to take fresh loans even if they fail to repay exsiting ones, as long as they service the interest