RBI asks banks to update list of terror funding entities

Banks and financial institutions have been directed by the RBI to check all accounts to ensure that these are not to the UN list of terrorists.

Banks see muted Sept qtr profits on sedate loan growth

India`s mid cap lenders are likely to post a muted net profit growth in the July-September quarter owing to a sluggish increase in loans and lower treasury gains from government bonds, analysts said.

Indian banks to remain resilient during FY10, FY11: Fitch

Indian banks are expected to
remain robust during the current fiscal and the next even if
non-performing assets and interest rates rise, according to
global rating agency Fitch.