commercial banks

commercial banks News

Govt banks are expanding but it’s the private ones that do all the new hiring

Private banks account for over 72 per cent of new recruitments in the last nine years.

RBI allows banks to structure old loans of infra projects

371 projects with investments worth R18,47,266 cr are stalled and pending for resolution.


RBI panel gives roadmap for bank directors’ qualification

It also proposed that a Banking Aptitude Test as national, online test can be conducted for entry-level recruitment in banks.

Share info on black money with SIT: RBI to banks

The SIT under the chairmanship of former Supreme Court judge, Justice MB Shah, was constituted by the Narendra Modi-led government on its first day in office.

Your home loan just got dearer

with an interest rate hike from 11% to 11.25%, customers seeking Rs 20 lakh as home loan for 20 years, will now have Rs 20,985 as EMI from Rs 20,643 before the hike.

SBI chief seeks new financial products to fund infra sector

SBI has called for a need to introduce new products to finance the long-gestation projects.


RBI action: Brace up for a hike in your home loan rate

For existing home loan borrowers,a part prepayment can offset the impact of rate hikes in future

Govt might buy gold from citizens to ease rupee crisis

India is considering a radical plan to direct commercial banks to buy gold from ordinary citizens

RBI's liquidity tightening threatens to take toll on banks' asset quality

Measures come just when banks were seeing results in crack down on bad loans

New Reserve Bank of India classification for roads to see interest rates drop by 3.5%

With the Reserve Bank of India (RBI) asking all scheduled commercial banks to consider toll earnings as tangible assets,companies involved in development of roads