Sensex gains further, banking, realty gains Deccan Chronicle | Indian equities markets on Tuesday built on early trade gains, with a benchmark index ruling 216 points higher around noon. Gainers were led by banking and realty stocks. | The 30-scrip sensitive index (Sensex) of the BSE, which opened at 16,965.58 points, was ruling at 17,079.41 points, 216.11 po...
Bank of India sees subdued growth in corporate loans The Times Of India MUMBAI: State-run lender Bank of India expects a subdued growth for its corporate loan book in the coming quarters and will be cautious about lending to risky sectors, senior officials said, as increased provisions due to debt restructuring and credit losses hurt the bank in October-December. | Corp...
Starved of funds, government asks LIC to help capitalise small public sector banks The Times Of India MUMBAI: Sandwiched between an urgent need for capital and a financially wrecked owner, small state-run banks will knock on the doors of Life Insurance Corporation as they prepare to sell new shares to raise funds, said three people familiar with the ...
RBI eases forex restrictions for select PSU and private banks The Times Of India MUMBAI: The Reserve Bank of India has partially lifted the curbs on banks' foreign exchange transactions imposed after the rupee came under attack from currency speculators in December. | While the exchange market may not be entirely out of the woods...
RBI camp on banking awareness A STAFF REPORTER Jorhat, Feb. 5: The Reserve Bank of ... The Telegraph India RBI camp on banking awareness | A STAFF REPORTER | Jorhat, Feb. 5: The Reserve Bank of India (RBI) is organising a financial outreach camp at Changki village in Mokokchung district, Nagaland, on February 8 in a bid to bring the people under the fold ...
RBI calls for dedicated SME verticals at banks Zeenews Mumbai: The Reserve Bank has asked banks to set up dedicated verticals to help small and medium businesses to deal with financial matters. | "An SME-promoter knows the product, but he doesn't know finance," RBI Deputy Governor K C Chakrabarty said, s...
Reserve Bank of India calls for dedicated SME verticals at banks The Times Of India MUMBAI: The Reserve Bank has asked banks to set up dedicated verticals to help small and medium businesses to deal with financial matters. | "An SME-promoter knows the product, but he doesn't know finance," RBI Deputy Governor K C Chakrabarty said, s...
'Duped' man gets refund from bank DNA India | The Gujarat State Consumer Disputes Redressal Commission (GSCDRC) on Saturday dismissed an appeal against order of Ahmedabad City Forum holding ICICI Lombard General Insurance Limited, Mumbai and ICICI Bank liable for deficiency in service. This de...
Central Bank on India may recast loans to power utilities The Times Of India MUMBAI: Public sector Central Bank of India may go in for restructuring of some of its loans to the electricity companies in the current quarter. | "We have a total exposure of around Rs 12,000 crore to the power distribution companies (discoms) and ...
BCCI lawyers laughing their way to bank DNA India | They are being called 'terminators'. The lawyers of the Board of Control for Cricket in India are the busiest lot, may be the richest lot as well, with the BCCI deciding to terminate one contract after another. | It is being said that BCCI's lawyer...
'Bank of India sees subdued growth on corporate loans' The Times Of India MUMBAI: State-run Bank of India sees subdued growth on corporate loans going forward, while rising debt restructuring by corporates is exerting stress on the bank's assets, executive director N. Seshadri said on Friday. | He said stress is evident in the loans given to textile, aviation, steel and power sectors. Post a commentEmail this articleMail...
Mahatma Gandhi creates fresh record in Guinness! The Times Of India KOLKATA: Sixty four years after his death, Mahatma Gandhi's name today created a fresh world record in the Guinness Book as 485 underprivileged boys brought out a peace march dressed as 'Bapu'. | Flaunting khadi attire and Gandhi caps, the group of boys wore round-framed spectacles and walked with sticks as they brought alive memories of Gandhi's h...