Last Updated: Thursday, April 17, 2014, 21:13
Bank deposits grew at 14.98 percent year-on-year to Rs 79,31,104 crore as on April 4, better than credit growth, according to RBI data.
Last Updated: Thursday, April 17, 2014, 19:43
Stressed assets, which include gross non-performing assets and restructured debt, stood at 10.2 percent as of September.
Last Updated: Wednesday, April 16, 2014, 19:27
Capital market watchdog SEBI is probing at least three large global banks and many Indian companies for alleged round tripping of funds by way of multi-layered transactions.
Last Updated: Tuesday, April 15, 2014, 22:03
Rising interest rates and project delays are leading to an increase in bad loans among banks in India, Moody's said in a report.
Last Updated: Monday, April 14, 2014, 21:01
The blood donation camp organised by HDFC Bank on December 6, 2013 involving 61,902 participants has found a place in Guinness Book of Records as the largest such drive on a single day.
Last Updated: Monday, April 14, 2014, 18:47
Citigroup reported slightly higher quarterly earnings on Monday, as lower expenses and credit losses helped offset revenue declines in mortgage finance and trading.
Last Updated: Monday, April 14, 2014, 07:27
Singer Lily Allen has credited her feud with rapper Azealia Banks with helping her become a better songwriter.
Last Updated: Saturday, April 12, 2014, 10:01
Overall, net income fell 19 percent to $5.27 billion, or $1.28 per share, from $6.53 billion, or $1.59 per share, in the same quarter of 2013, the biggest U.S. bank said on Friday.
Last Updated: Friday, April 11, 2014, 18:07
JPMorgan Chase Friday reported lower earnings due to a drop in its mortgage business as the US banking giant seeks to turn the corner after costly legal settlements.
Last Updated: Thursday, April 10, 2014, 18:41
A panel set up by the Reserve Bank of India (RBI) has recommended that banks` base lending rate should be based on the marginal cost of funds if their average deposit tenure is on the lower side.
Last Updated: Thursday, April 10, 2014, 18:34
The Reserve Bank of India has asked banks with offices abroad to formulate a policy for overseas real-estate transactions.
Last Updated: Wednesday, April 09, 2014, 14:08
The profits during the period registered an increase of 10.3 percent, it said, adding at an aggregate level, provisions for bad loans grew slightly by 2.5 percent.
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