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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......

PFC appoints merchant bankers for Rs 5,600 cr FPO

State-run Power Finance Corporation (PFC) on Thursday said it has appointed four merchant bankers - Goldman Sachs, JM Financial, DSP Merill Lynch and ICICI Securities - to manage the Rs 5,600 crore......

Nod given to PFC's FPO

The government on Thursday approved follow-on public offer of the state-run lending agency Power Finance Corporation worth about Rs. 5,732 crore (Rs. 57.32 billion).The exact amount to be raised......
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The government has lined up an overhaul of the governance structure of public sector banks to improve their efficiency, financial services... ...
Indian Bank to hold EGM to get shareholders' approval for proposed allotment of equity shares to Govt

Email this Print Related to : Indian Bank Indian Bank BSE 25 Feb 15 | 12:00 AM 187.75 3.6 (1.95%) NSE 25 Feb 15 | 12:00 AM... ...
Bank of India Q3 FY 2015 net profit at Rs.173 crore

Mumbai : Bank of India, ranked amongst the topmost PSU banks in the country, has announced that its Net Profit for the quarter ended December 31,... ...
SBT net profit surges fourfold to Rs 74 crore

State Bank of Travancore (SBT) reported a net profit of R74.34 crore for the quarter ended December, 2014, even as readies a R485-crore rights... ...
State Bank of Travancore net jumps 400% at Rs 74 cr

State Bank of Travancore (SBT) has recorded roughly 400% increase in net profit in Q3 of the current financial at Rs 74.34 crore over the... ...

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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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