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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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PSBs install nearly 14,000 ATMs in FY16, miss target

Email this Print State-owned banks installed close to 14,000 automated teller machines (ATMs) in different parts of the country in 2015-16, but... ...

http://smartinvestor.business-standard.com/market/Marketnews-386689-Marketnewsdet-PSBs_install_nearly_14_000_ATMs_in_FY16_miss_target.htm
Mumbai to hold 12th Guru Tegh Bahadur Hockey Tournament

The PMC-Bank 12th Guru Tegh Bahadur All-India Gold Cup Hockey Championship to be held at the MHAL-Mahindra Stadium here from June 1-June 10.... ...

http://www.dnaindia.com/sport/report-mumbai-to-hold-12th-guru-tegh-bahadur-hockey-tournament-2217469
25 PSBs post Rs 15k-cr loss in FY16

Twenty-five state-owned lenders reported a total net loss of more than Rs 15,000 crore for FY16, compared with a combined net profit of Rs 37,974.5... ...

http://www.financialexpress.com/article/industry/banking-finance/public-sector-banks-loss-rs-15000-cr-npas-cross-rs-5-lakh-crore/267862/
PSB index registers 10.34% weeklygain

The Bank Nifty PSU index surged as much as 10.34% during the week along with a rally of more than 5% in the benchmark indices. This rally in... ...

https://in.finance.yahoo.com/news/psb-index-registers-10-34-020900067.html;_ylt=AwrHgcCZBUlXZyAAwQKLjblG;_ylu=X3oDMTRnaDZyNzgyBG1pdANCdWRnZXQgU2VjdG9yIE5ld3MgTGlzdARwa2cDYjRjYWUzM2YtN2QzZC0zMWZkLWEyYjItMGI3NTM2ZTEzNmJiBHBvcwMxNARzZWMDTWVkaWFCTGlzdE1peGVkTFBDQVRlbXAEdmVyA2I3Y2IyZmIxLTI0N2MtMTFlNi1hZWVmLTQ3ODU4OTc0NGY3MQ--;_ylg=X3oDMTI0NDRhZ2phBGludGwDaW4EbGFuZwNlbi1pbgRwc3RhaWQDBHBzdGNhdANidWRnZXQyMDE2fHNlY3RvcndhdGNoBHB0A3NlY3Rpb25z;_ylv=3
HDFC among world's top 10 consumer financial services company

HDFC Bank today said it will seek shareholders approval to hike the authorised share capital of the bank to Rs 650 crore. (Reuters) Mortgage... ...

http://www.financialexpress.com/article/industry/banking-finance/hdfc-among-worlds-top-10-consumer-financial-services-company/267448

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