Follow Us:
Friday, July 03, 2020

banking news


Loan recast proposals inch to Rs 4lakh cr mark

March 18, 2014 1:35 am

The RBI has also made it clear that the existing “regulatory forbearance” would no longer be available from April 1, 2015.

Industrial output data begins countdown to RBI monetary policy review

January 04, 2014 4:41 pm

Factory data will be followed by more important December inflation data on January 13.

Industry loan growth continues to be weak,grows at just 13.7%

December 31, 2013 8:46 pm

Non-food credit sharply drops to 14.7% y-o-y against rise of 17.6% in 2012

Indian banks assets under stress rise,may get worse : Reserve Bank of India

December 30, 2013 12:21 pm

With stressed assets expected to get worse,Reserve Bank of India cautions risks have spiked.

Axis Bank gets govt nod for hiking foreign investment from 49 pc to 62 pc

December 26, 2013 2:22 pm

The approval would result in foreign investment of about Rs 7,250 crore in the country,says CCEA.

5 ways US Federal Reserve's influence expanded in 100 yrs

December 25, 2013 12:00 pm

US Federal Reserve wields enormous power over people,economies worldwide.

American Express to pay $75.7 mn for overbilling

December 25, 2013 10:33 am

The customer remediation will go to more than 335,000 customers.

RBI cautions users of Bitcoins,other virtual currency about potential risks

December 25, 2013 1:45 am

Bitcoins came under scrutiny as they were used extensively on Silkroad for illegal drugs.

International Finance Corporation plans to launch $1-1.5-bn Asia Fund

December 25, 2013 1:42 am

Fund will mobilise additional capital for co-investment in emerging markets in Asia-Pacific region.

Lanco gets nod to recast over Rs 7,000 crore debt

December 24, 2013 2:23 am

The CDR plan is only for Lanco Infratech and excludes the group firms.