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RBI gives flexibility to banks for equity investment

Banks were earlier required to get a prior approval of the RBI for such investments which are subject to prudential limits.  Giving more flexibility, the Reserve Bank on Wednesday allowed......

Want to protect your bank deposits? Here's how

Deposits up to Rs 100,000 are insured. Read on for ways to raise this coverBank fixed deposits are among the safest of savings instruments. The principal and interest are guaranteed and depositors......

Public banks demands remain largely unmet in Budget

Public sector banks are disappointed with the Union Budget 2015. Budget Provisions Allocated Rs 7940 crore for recapitalization of Public Sector Banks in 2015-16 to help them maintain comfortable......

All you want to know about shadow banking

Shadow banking is a universal phenomenon, although it takes on different forms. In advanced economies where the financial system is more matured, the form of shadow banking is more of risk......

Banks will now be encouraged to extend long-term loans

Banks exempted from CRR/SLR/PSL requirement on long-term funds raised for infrastructure lending Budget 2014-15 Analysis Budget Provisions Allocated Rs 11200 crore for recapitalization of Public......
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This Indian bank is attracting the Govt's attention for all the wrong reasons

Apparently, the finance ministry has put Indian Overseas Bank (IOB) under scan after it has cleared out loans worth Rs 3,000 crore in the first... ...
Online Returns to be submitted by NBFCs- Revised

RBI/2014-15/246 DNBS (PD).CC.No.03/03.02.02/2015-16 November 26, 2015 All Non Banking Financial Companies Dear Sir, Please refer to our... ...
Why are banks in love with retail?

There is a rush to start or become a bank these days, which is surprising, considering the problems the sector is struggling with — huge bad... ...
Corporation Bank Profit Up in Q2

VIJAYAWADA: Corporation Bank has done a business of Rs 3.47 lakh crore as on September 30 of which the total deposits stood at Rs 2.04 lakh crore... ...
Canara Bank rises on plan to raise Rs 2400 crore through Private Placement

SENSEX 25960.47 118.55 0.46% NIFTY 7871.35 28.60 0.36% Industry: Banks & Finance Company Canara Bank Canara Bank is... ...

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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