Post graduate colleges are aggressively tying up with banks to introduce banking courses.
The RBI needs to maintain a healthy contingency reserve so that it can lend its support in case of a bank failure.
The Jalan panel has recommended to the RBI to keep shady entities out of banking licence race.
The Finance Ministry has asked top rung exectives of United bank of India to furnish bad loan recovery report on daily basis.
Though most foreign banks appear reluctant to establish a subsidiary here, Citi is the only bank that has so far communicated this to the regulator, in writing.
The Reserve Bank of india is likely to tell state-run United Bank of India (UBI), which has seen erosion of capital due to bad loans and higher provisioning to implement prompt corrective action.
Telecom department says spectrum can't be used as collateral because it's government property
Banks have taken this aggressive posture even as liquidity has become comfortable on the back of increased government spending.
Some lenders in talks with LIC for pvt placement
Mop-up misses target as big FIIs skip issue.
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A rule change may make Nachiket Mor, among others, eligible to replace Chakrabarty.
While the latter is being viewed as a greater concern, the former may gain prominence in the next few weeks.
The pension fund managers distribute products under the National Pension System.
After a gap of about five years, a public sector bank (PSB) has decided to rope in a cricketer to boost its brand.
Say 30 days not enough to resolve stress; want higher provision norms deferred till economy picks up
The first step that has been taken by IIB is to bring out unique identity numbers for hospitals.
At least five state-run banks on central bank's radar for lax credit appraisal
RBI's draft guidelines prescribe that banks with a strong capital base and NPAs below 3% can become brokers.
About 12 other lenders with combined exposure of Rs 1,200 crore likely to follow
According to Insurance Regulatory and Development Authority recommendations, a uniform grace period of 30 days is extended for annual, half-yearly and quarterly renewals, and 15 days for monthly renewals.
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