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Muted growth likely for banks

Asset quality erosion, fresh loan restructuring and unprovided mark-to-market losses (revaluing assets at current prices) are again expected to muffle the growth in quarterly profit, notes Somasroy......

Education loans come back to haunt banks

The surge in education loans offered by state-run banks in the last decade is coming back to haunt the lenders. Some public sector banks have recorded gross non-performing assets as high as 15 per......
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Rules tweaked to let private sector officials head state-run banks

The candidate should be in the age group of 45-55 years and will have a fixed tenure of three years, subject to normal age of superannuation of 60... ...
Two-day meet to set banking reform agenda

Reports say the government may merge Andhra Bank with either Bank of Baroda or Punjab National Bank. Photo: Preetha K./Mint Mumbai: A two-day... ...
Improving asset quality indicates the worst may be over for banks

Mumbai: After grappling with a surge in bad loans for several quarters, Indian banks saw some improvement in asset quality in the six months ended... ...

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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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