To press for early finalisation of wage revision in banks.Feb 06, 2018, 20:18 PM IST
Insurance behemoth LIC will soon obtain services of retired bankers to strengthen its lending operations and ensure that NPAs are kept at the minimum.Apr 14, 2017, 19:20 PM IST
Banking industry captains on Saturday welcomed Urjit R. Patel as Raghuram Rajan`s successor at the Reserve Bank of India (RBI).Aug 20, 2016, 22:12 PM IST
Reserve Bank Governor Raghuram Rajan on Tuesday said there is a need to shift loan sanctioning process from the present committee-based approach to single banker taking up the responsibility as well as rewarding the person if the project goes on well.
Aug 16, 2016, 14:40 PM IST
Ruling out any immediate transmission of rates despite RBI chief Raghuram Rajan blaming them of passing benefits "only modestly", bankers on Tuesday said interest rates will fall once credit growth picks up.Aug 09, 2016, 20:15 PM IST
Public and private sector bank employees have decided to observe a day-long strike on July 29 to oppose the "anti-people" banking reform policies of the Centre, AIBEA said Wednesday.
Jul 13, 2016, 10:50 AM IST
Bankers may have a low credibility for having "cried wolf too often", RBI Governor Raghuram Rajan said even as he appeared favouring their case for easing of strict capital control measures to boost growth.
May 11, 2016, 20:07 PM IST
Suggestion regarding enhancing limit to Rs 2.5 lakh or Rs 3 lakh under section 80C were made apart from proposal to bring down lock-in period on tax free fixed deposits to one year from 5 years.Jan 12, 2016, 22:07 PM IST
Since January 2015, the RBI has cut policy rates by a cumulative 125 basis points (bps), while banks have cut one-year deposit rates by an average 130 bps and lending by 50 bps, which includes the base rate cuts in the last one week.
Oct 06, 2015, 17:36 PM IST
Bankers on Monday urged Finance Minister Arun Jaitely to release on time the commissions paid to them for Direct Benefit Transfer (DBT) transactions.Sep 28, 2015, 22:35 PM IST
Bankers on Thursday said the sharp fall in inflation to 3.78 percent for July has raised hopes of another rate cut by the Reserve Bank at the September review of the policy.Aug 13, 2015, 18:47 PM IST
Most bankers and experts believe that the possibility of an interest rate cut by the Reserve Bank on August 4 is very low as retail inflation remains high.Aug 03, 2015, 14:56 PM IST
Money raised in global equity capital markets rose in the first half of the year to top USD 500 billion, but bankers` fees fell as secondary share sales supplanted lucrative stock market listings as the dominant deals.Jun 30, 2015, 11:49 AM IST
A day ahead of a meeting between Finance Minister Arun Jaitley and top bankers, private sector lender Yes Bank on Thursday joined its peers in promising to deliver a rate cut soon.Jun 11, 2015, 15:28 PM IST
Industry and bankers are hopeful of a rate cut as the government has also been able to rein in fiscal deficit within 4 per cent of GDP in 2014-15 providing room for easing of monetary policy.May 31, 2015, 12:20 PM IST
Maharashtra Finance Minister Sudhir Mungantiwar Wednesday said that he had taken a review meeting of bankers last week to promote the 'Pradhan Mantri Bima Suraksha Yojana' (PMSBY) which will be launched by Prime Minister Narendra Modi on May 9 along with two other ambitious schemes.May 06, 2015, 11:31 AM IST
The Finance Ministry has initiated the process of identifying persons like retired bureaucrats and bankers who could be appointed as non-executive chairmen of various public sector banks.May 04, 2015, 17:45 PM IST
Concerned over the rising number of loan default cases, the Reserve Bank on Monday warned lenders against outsourcing their credit processing activities to third-party entities.Mar 23, 2015, 15:49 PM IST
After RBI's second surprise rate cut in as many months, bankers on Wednesday hinted at lowering lending rates, but stressed monetary policy gets transmitted with a lag.Mar 04, 2015, 19:48 PM IST
Chinese construction machinery makers are opening banks, designing tractors and abandoning core business deals in an effort to diversify and stay profitable as China`s sputtering economy brings a sustained downturn to a once-booming market.Feb 27, 2015, 02:58 AM IST