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Banks in no hurry to cut lending rates

SBI chairperson says transmission only after deposit rates come downThe Reserve Bank of India cut its key policy rate by 25 basis points and vowed to improve liquidity in the market but banks are......

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......

Greece crisis to have no impact on us: UBI chief

Arun Tiwari (photographed below), chairman and managing director of Union Bank of India, says the worst is over so far as asset quality is concerned, as slippages are coming down and recoveries are......

Base rate cut have to wait till next quarter

Only two banks - Union Bank of India and United Bank of India - took a cue from the Reserve Bank of India (RBI)’s repo rate cut and reduced their base rates. RBI reduced the repo rate by 25......

Rate cuts likely even as RBI talks tough on inflation

Reserve Bank of India Governor Raghuram Rajan has argued repeatedly that economic growth can only revive by defeating inflation, note Suvashree Choudhury and Gaurav Pai The rally in Indian bonds is......
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Bank of India sells 18 percentage stake in SUD

NEW DELHI : Bank of India (BOI) on Monday said that it has sold 18 per cent stake in Star Union Dai-ichi Life Insurance Company to joint venture... ...

http://www.newindianexpress.com/business/news/Bank-of-India-sells-18-percentage-stake-in-SUD/2016/09/27/article3630580.ece
SME MANUFACTURERS AND EXPORTERS SUMMIT

Panelists (L to R) Shri Udai Kumar MD & CEO, Metropolitan Stock Exchange of India Ltd (MSEI), Shri Rajeev Kumar Agrawal Whole Time Member,... ...

http://www.moneycontrol.com/news/sme/sme-manufacturers-and-exporters-summit_7517161.html
RBI may pause this time, but rate cut likely in Dec

Lower inflation, FCNR(B) outflows likely to influence central bank decision A majority of bankers and economists expect the Reserve Bank of India... ...

http://www.rediff.com/money/report/rbi-may-pause-this-time-but-rate-cut-likely-in-dec/20160926.htm
SC orders govt to ensure inquiry

The Supreme Court has ordered the Union government to ensure proper inquiry into the financial irregularities in the Industrial Financial... ...

http://www.deccanherald.com/content/572254/ifci-row-sc-orders-govt.html
It's the too-big-to-fail banks that are likely to trigger the next crisis

Central bankers have been following an insane easy money policy to spur economic growth. They are loath to admit its failure. Neither growth nor... ...

http://www.thehindubusinessline.com/markets/stock-markets/its-the-toobigtofail-banks-that-are-likely-to-trigger-the-next-crisis/article9141233.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication

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