Reserve Bank of India lens on mutual fund, insurance, gold coin sale by branch's non-sales staff
The Goa villa, Mumbai office could be put on the block.
Aspirants banking on experience and domain knowledge of veterans
The first such interaction would be in Mumbai on Monday.
Banks will ask the banking regulator to defer the higher provisioning norms on standard restructured advances.
To recover dues from 50 top defaulters; finance ministry wants proceedings fast-tracked.
Set to be allowed to apply for bank licences in the final guidelines expected by the end of the month
The Reserve Bank of India is widely expected to reduce the repo rate for the first time in nine months when it announces its third quarter policy review.
Also on the cards could be the first interest rate reduction in nine months.
FinMin advice to include brokers & realty firms, debate over entry of industrial houses slow the process.
Thomas Mathew T, managing director, tells Manojit Saha and M Saraswathy about the LIC's strategy and growth plans.
Tagged as a sleepy, regional lender till a few years earlier, the bank's stock was not much talked about in the investors' community.
Chidambaram also asks these not to rush for bulk deposits to bloat balance sheets.
Move significant as new banking licences under his purview.
The Reserve Bank of India (RBI) has asked banks not to treat Kingfisher Airlines' brand as collateral since it is intangible. This is because the loan has turned non-performing for most of the banks.
Seek easing of asset classification guidelines for better credit flow.
The sources said the ministry had agreed with the RBI's views that at a time when the country had a high fiscal deficit, the move might not be appropriate.
In a recent communication to the bank chiefs, the ministry has said all such loans to the corporate sector can be sanctioned only after board approval and need to be backed by securities within six months of sanctioning, failing which the loan would need to be phased out.
It had asked govt banks to reduce these and certificates of deposits to a combined 15% of total deposits
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