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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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Govt authorises 19 banks for disbursal of pension to freedom fighters

Freedom fighters who are getting pension under the Central government's Swatantrata Sainik Samman Pension scheme, can now receive pension through... ...

http://www.netindia123.com/netindia/showdetails.asp?id=2599926&n_date=20150524&cat=India
LIC underinvested in banking stocks

The Life Insurance Corporation of India (LIC) is underinvested in banking stocks compared to the overall market. At the end of the March 2015... ...

http://wap.business-standard.com/article/markets/lic-underinvested-in-banking-stocks-115052400259_1.html
United Bank says lost hope to recover money from Mallya's Kingfisher Airlines

Besides, UCO Bank has to recover Rs 320 crore, Corporation Bank (Rs 310 crore), State Bank of Mysore, (Rs 150 crore), Indian Overseas Bank (Rs 140... ...

http://www.dnaindia.com/money/report-united-bank-says-lost-hope-to-recover-money-from-mallya-s-kingfisher-airlines-2088663
Bengaluru city ATMs still unsafe, poorly guarded

Bengaluru: How safe are the ATMs in the city for those using them, when even the security guards themselves get targeted by miscreants? The recent... ...

http://www.deccanchronicle.com/150524/nation-current-affairs/article/bengaluru-city-atms-still-unsafe-poorly-guarded
Gold is a Matter of Great Interest

Indian households are believed to be sitting on 22,000 tonnes of gold, as per Thomson Reuters GFMS and World Gold Council estimates. In money... ...

http://www.newindianexpress.com/business/news/Gold-is-a-Matter-of-Great-Interest/2015/05/24/article2829642.ece

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