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CBI quizzes top Kingfisher, UB officials for the 2nd day

A consortium of banks led by State Bank of India wants to liquidate Mallya's assets to recover the loans.  Image: Prosecute Vijay Mallya for not paying taxes and clearing their dues, say......

A tale of two sinking banks

The experiences of HBOS and Indian Overseas Bank show that often loans make money for the lender in the initial years but losses come later when they turn bad, notes A V Rajwade. In one basic way,......

Reserve Bank pulls up bosses for IOB mess

  The Reserve Bank of India has initiated corrective action at Indian Overseas Bank on the grounds that its management is unable to revive it.IOB has reported low return on assets for four......

Govt infuses Rs 13,955 cr capital into 8 PSU banks

Bank of India, Canara Bank, Dena Bank, Corporation Bank and Andhra Bank are among the lenders that received capital infusion from the government. Eight public sector banks, including SBI, Punjab......

Central Bank tops list of highest NPAs among PSU banks

Central Bank of India has topped the list of public sector banks with maximum bad loans including restructured assets as a percentage of total advances. According to the data provided by the......
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IOB,IDBI,BoI& UBI may be first in line of RBI fire under new

Weak state-run banks like Indian Overseas Bank, IDBI Bank, Bank of India and Union Bank of India are in for regulatory action if the tightened... ...

http://www.dnaindia.com/money/report-iobidbiboi-ubi-may-be-first-in-line-of-rbi-fire-under-new-2406752
BUZZ-India's PNB, BoB gain; report says banks may take over smaller lenders

** Shares of Punjab National Bank and Bank ofBaroda Ltd rise more than 2.5 percent each ** Indian govt is working on next round of... ...

http://www.sify.com/finance/buzz-indias-pnb-bob-gain-report-says-banks-may-take-over-smaller-lenders-news-economy-reskEhghaffii.html
Go for home loan now, no further rate cut seen

Existing home loan borrowers linked to base rates are likely to see their EMIs fall this year. However new borrowers, who are linked to MCLR, are... ...

http://www.mydigitalfc.com/news/go-home-loan-now-no-further-rate-cut-seen-529
ED attaches Rs 263 cr assets of Deccan Chronicle group

The Enforcement Directorate (ED) has attached assets worth Rs 263 crore, including land and bank accounts of the Hyderabad-based Deccan Chronicle... ...

http://www.deccanherald.com/content/603573/ed-attaches-rs-263-cr.html
Man in Tamil Nadu makes a deposit of Rs 246 cr in Indian Overseas Bank

The whole amount has been deposited in the old currency which was banned on November 8, last year after the government's demonetisation... ...

http://www.businesstoday.in/current/economy-politics/as-pmgky-comes-to-end-on-mar-31-man-in-tamil-nadu-makes-a-deposit-of-rs-246-cr-in-indian-overseas-bank/story/248755.html

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