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Banks chase borrowers big time in 2014, but to recover loans

Burdened with rising bad loans, mostly given to big corporates, banks learnt it hard way in 2014 that 'if you owe the bank 100 dollars that's your problem, but if you owe the bank 100 million......

Bank licences for companies will make sector competitive: RBI

To allay concerns over issuing new bank licences to companies, Reserve Bank of India Governor D Subbarao said on Friday corporates will bring in large amounts of capital and make the sector more......

New banks might queer the pitch for state-owned ones

As the Reserve Bank of India prepares to dole out licences to corporate houses and others for launching new banks, India’s 26 public sector banks (PSBs) are watching the situation carefully.......

Despite concerns, India to let corporates into banking

India will soon allow corporate houses to open banks despite misgivings within the Reserve Bank of India (RBI) as well as the International Monetary Fund that it could lead to risky loans if......

Corp Bank, Union Bank cut rates on home, car loans

Corporation Bank has decided to slash interest rates on home, car and educational loans with effect from September 1 for a three-month period. The state-run bank has also decided to waive the......
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Can’t repay Rs 100 crore to bank? Take 200 crore more, Mr Defaulter

The fault in our markets, dear reader, is not in China, but in our companies. The government says that India's fiscal and trade deficits are under... ...

http://economictimes.feedsportal.com/c/33041/f/534022/s/49687fca/sc/24/l/0Leconomictimes0Bindiatimes0N0Cindustry0Cbanking0Cfinance0Cbanking0Ccant0Erepay0Ers0E10A0A0Ecrore0Eto0Ebank0Etake0E20A0A0Ecrore0Emore0Emr0Edefaulter0Carticleshow0C487291680Bcms/story01.htm
Control room soon to monitor ATM kiosks

Bengaluru: To secure ATMs and to prevent ATM-related crimes, the home department is demanding all the banks to come forward and set up a... ...

http://www.deccanchronicle.com/150829/nation-current-affairs/article/bengaluru-control-room-soon-monitor-atm-kiosks
Minister George

Police will call a meeting of bank officials to discuss strengthening the security at ATM centres, Home Minister KJGeorge said on Friday. After... ...

http://www.deccanherald.com/content/497919/police-dont-know-atm-attacker.html
Corporation Bank lends a helping hand to farmers

Offers loan of up to ₹1 lakh to pay off money lenders ...

http://www.thehindubusinessline.com/money-and-banking/corporation-bank-lends-a-helping-hand-to-farmers/article7591393.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication
Corp Bank scheme for sale of gold

Corporation Bank has launched the Corp Bullion Plus scheme for selling gold. SR Bansal, Chairman and Managing Director of the bank , said in a... ...

http://www.thehindubusinessline.com/money-and-banking/corp-bank-scheme-for-sale-of-gold/article7583346.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication

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