Nupur Anand &Amp; Abhijit Lele

Stories by Nupur Anand &Amp; Abhijit Lele

Street expects RBI to hold rates for the entire fiscal

Street expects RBI to hold rates for the entire fiscal

Rediff.com   23 Sep 2014

As many as nine respondents said RBI would hold the repo rate at 8% till March-end, 2015

RBI not keen on raising inter-bank ATM usage fee

RBI not keen on raising inter-bank ATM usage fee

Rediff.com   12 Sep 2014

Currently, the fee is Rs 15 per financial transaction. This has been recommended to be revised to Rs 16.50, plus service tax (12%), taking the amount to Rs 18.48.

Banks to start with only Rs 500 overdraft under Jan Dhan Yojana

Banks to start with only Rs 500 overdraft under Jan Dhan Yojana

Rediff.com   11 Sep 2014

Based on the credit history banks may later decide to extend the amount.

SBI to raise global biz share to 25% in 3 years

SBI to raise global biz share to 25% in 3 years

Rediff.com   8 Sep 2014

SBI's number of foreign offices increased from 186 in March 2013 to 190 in March 2014, in 36 countries.

RBI begins review of Jan Dhan rollout

RBI begins review of Jan Dhan rollout

Rediff.com   5 Sep 2014

A senior RBI official said the regulator was focusing on performance of banks' statewise and in each district.

I have enough liquidity to look after growth needs, assures SBI chief

I have enough liquidity to look after growth needs, assures SBI chief

Rediff.com   5 Sep 2014

In an interview with Business Standard, Arundhati Bhattacharya says she expects stalled projects coming back on track in two quarters.

Banks' capital adequacy ratio at 6-year low

Banks' capital adequacy ratio at 6-year low

Rediff.com   3 Sep 2014

Their net NPA as a proportion of net advances were 2.2 per cent, compared with 1.7 per during the same period a year earlier.

Banks keep festive offers low-key as RBI frowns

Banks keep festive offers low-key as RBI frowns

Rediff.com   2 Sep 2014

In fact, some private sector lenders have decided to skip advertising these altogether.

Banks seek stricter norms for reporting on wilful defaulters

Banks seek stricter norms for reporting on wilful defaulters

Rediff.com   28 Aug 2014

Banks, through the Indian Banks' Association, have urged RBI and credit information companies to maintain a database of wilful defaulters.

Ahead of festive season, banks cut big-ticket home loan rates

Ahead of festive season, banks cut big-ticket home loan rates

Rediff.com   27 Aug 2014

SBI, ICICI Bank and PNB reduce interest rate for loans above Rs 75,00,000

We are working on financial inclusion strategy: ICICI Bank

We are working on financial inclusion strategy: ICICI Bank

Rediff.com   26 Aug 2014

ICICI Bank has 317 branches in hitherto unbanked villages.

SC verdict on coal blocks worries bankers

SC verdict on coal blocks worries bankers

Rediff.com   26 Aug 2014

These numbers show overall exposure and are not a reflection that all loans are going to be impacted.

Banks dole out festive offers

Banks dole out festive offers

Rediff.com   26 Aug 2014

Banks cut interest rates, processing fees; offer discounts for online shoppers.

Reliance Retail tweaks funding strategy

Reliance Retail tweaks funding strategy

Rediff.com   24 Aug 2014

Reliance Retail would be exposed to implementation and execution risks in its expansion plans.

Financial inclusion may remain an unsolved puzzle

Financial inclusion may remain an unsolved puzzle

Rediff.com   20 Aug 2014

Days after the PM announced a financial inclusion package, a look at how banks and insurance firms are going about it and what lies ahead.

Banks ride on e-commerce wave to woo consumers

Banks ride on e-commerce wave to woo consumers

Rediff.com   19 Aug 2014

IndusInd Bank, has recently launched www.themorestore.com only for its credit card and debit card holders

Syndicate Bank brass in damage control

Syndicate Bank brass in damage control

Rediff.com   7 Aug 2014

The Reserve Bank of India's ongoing inspection of the book of accounts of Syndicate Bank is unconnected with last week's arrest of S K Jain, its chairman and managing director.

Indian banks scale down Singapore exposure

Indian banks scale down Singapore exposure

Rediff.com   4 Aug 2014

Move comes after the country's monetary authority tightened credit norms

TCS raising Rs 4,000 crore via commercial paper

TCS raising Rs 4,000 crore via commercial paper

Rediff.com   26 Jul 2014

Analysts say TCS's total dividend outgo in 2014-15 is likely to cross Rs 11,500 crore (Rs 115 billion), given its policy of paying quarterly dividends.

Private banks cut exposure to stressed sectors

Private banks cut exposure to stressed sectors

Rediff.com   24 Jun 2014

Private lenders have also been expanding their branch and automate teller machine networks aggressively.