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Finmin rejects RBI's proposal to bifurcate CMD's post in PSBs

Last Updated: Tuesday, April 08, 2014, 21:31

The Finance Ministry has turned down the Reserve Bank's proposal to bifurcate the post of Chairman and Managing Director in public sector banks saying this position doesn't enjoy absolute powers as is being claimed by some international experts.

RBI meets select bankers ahead of policy

Last Updated: Tuesday, March 25, 2014, 19:24

The Reserve Bank on Tuesday met a select group of public sector and foreign banks ahead of the forthcoming bi-monthly policy meet early next week.

Private banks at high risk of losing customers: IBM study

Last Updated: Thursday, March 13, 2014, 13:48

Private sector banks in India are at a greater risk of losing their customers on account of non-satisfactory services as compared to public sector banks, says a study by technology giant IBM.

No improvement likely on bad loan front; PSBs to blame: Icra

Last Updated: Thursday, March 06, 2014, 19:30

Icra said the RBI's proposed framework for the early detection of NPAs and better management of bad assets can be a positive for the sector.

Bad loans biggest challenge facing public sector banks: FM

Last Updated: Wednesday, March 05, 2014, 15:25

The Minister also said the banks recovered Rs 18,933 crore worth of bad loans during the April-December period.

High bad loans biggest challenge for public sector banks: FM

Last Updated: Wednesday, March 05, 2014, 14:07

Finance Minister P Chidambaram on Wednesday said that high bad loans will remain biggest challenge for public sector banks.

Bank licences: Jalan panel submits recommendations to RBI

Last Updated: Tuesday, February 25, 2014, 17:45

The Bimal Jalan panel, which scrutinised applications for new bank licences, Tuesday submitted its report along with shortlisted entities to the Reserve Bank of India.

India Ratings offers stable outlook for banking in 2014

Last Updated: Thursday, January 30, 2014, 23:24

The larger private banks are expected to maintain their above-average capitalisation levels based on better access to the equity capital markets, the report noted.

Bank unions threaten to go on two-day strike from Feb 10

Last Updated: Monday, January 27, 2014, 18:40

Dissatisfied with the wage hike offer made by Indian Banks' Association (IBA), public sector lenders' employee unions on Monday threatened to go on a two-day strike from February 10.

No new capital needed for 2 yrs post Rs 11.5K cr QIP: SBI

Last Updated: Friday, January 03, 2014, 15:20

SBI will not require fresh capital for two years after its forthcoming Rs 11,500 crore qualified institutional placement goes through, and any overseas bond sale is expected only after the QIP.

Canara Bank to raise Rs 1,500 cr through bonds

Last Updated: Friday, December 27, 2013, 20:31

State-owned Canara Bank on Friday said it plans to raise Rs 1,500 crore from bonds to augment its capital base.

Sting operations, bad loans hit all from SBI to Yes Bank

Last Updated: Sunday, December 22, 2013, 14:07

From the largest lender SBI to the youngest Yes Bank, the nation's banks were fined for violating regulatory norms after sting operations exposed chinks in their armour.