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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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CMD of CBI selected as IBA chairman for 2016-17

ing Director of Central Bank of India has been selected as chairman for the year 2016-17 of Indian Bank Association (IBA) during a meeting held on... ...
No loss to customer data due to cyberattack, says Axis Bank

Axis Bank Ltd, India's third-biggest private sector lender by assets, said on Wednesday there was no loss to its customers from a recent cyber... ...
Times Network unveilsMake In India awards

New Delhi: Times Network, part of India's largest media conglomerate Times Group, has launched the Make In India Summit and Awards, which are aimed... ...
Dai-ichi Life eyes stake in Union KBC AMC

Japanese financial services majorDai-ichi Life Insurance has evinced interest in buying somestake in Union KBC Asset Management and is in... ...
Curtain raiser

Two years ago the Central Government launched the ambitious plan of bringing every Indian into the fold of banking. At the same time CNBC-TV18 in... ...

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