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India's push to offer banking for all stumbles on empty accounts

More than half of a record 160 million accounts opened in India as part of a drive to offer banking to all are still empty, illustrating the massive task ahead for one of the government's most......

Festive season fails to cheer banks this year

The festival season this year has failed to bring in good news for banks. Bankers believe consumers' reluctance to buy has made this season worse than even the previous two years, when lenders had......

Why festive season failed to cheer bankers

This year’s festival season has failed to cheer banks, thanks to reluctance of the consumer to spend money. Image: Bankers say it was a dull diwali for them this time as loan demand......

Little festive cheer for bank credit growth

2014 sees slowest start to festival season in at least 7 yearsFestive fervour ahead of Diwali appears to have done little to support banks’ sagging credit growth. Despite attractive interest......

Banks' capital adequacy ratio at 6-year low

With a rise in non-performing assets exerting pressure on their profitability, Indian banks’ capital adequacy ratio (CAR) has fallen in the aftermath of the global economic slowdown of 2008......
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  Web results for Sangapure
12 executive directors invited for interviews to select 4 PSB heads

As per the guidelines, the selection to the top job in state-run banks would be from the existing pool of executive directors (EDs) or deputy... ...
HDFC Bank, Canara Bank cut base rates; others may follow

Mumbai: Two large banks announced reductions in their minimum lending rates in what could trigger another round of interest rate reductions by... ...
Centre unveils public sector banks revamp road map

PSBs gross non-performing assets (NPAs) stood at 6% of advances at the end of June while another 8% was classified as standard restructured assets,... ...
PNB Launches Savings Fund Campaign

The article below represents a preview only and is not meant for reuse or republishing. New Delhi, Aug. 1 -- ... ...

Speaking to CNBC-TV18, Ram Sangapure, ED, PNB says the bank has been conservative in lending to the steel sector since/for the last 2 years but the... ...\\u2019t-have-as-many-slippagesq1-like-last-year-pnb_2087021.html

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