Commercial banks have not yet reduced their lending rates.
India's foreign exchange reserves are at an all-time high.
The year 2014-15 could well go as one of long-pending financial sector reforms, expected to have a lasting impact.
Banks have started organising silent demonstration in front of houses of defaulters.
United Bank of India and Andhra Bank employees start organising silent protests.
Banks are expected to cut lending rates from April 1.
Move to shift powers from RBI without discussions baffles many
Aditya Puri thinks the government is on track.
Union Bank of India, United Bank of India reduced base rates.
Chillr App allows users to send money to any contact in phone books.
The post of chairman and managing director has been split and the government has appointed managing directors and chief executive officers in four banks -- Indian Overseas Bank, United Bank of India, Oriental Bank of Commerce and Vijaya Bank.
In the policy banks, the government can have 100 per cent stake, McKinsey said.
The meeting will be attended by all heads and EDs of public sector banks
2014 made a lot of promises; can the new year deliver?
The banking sector is set to move at a fast pace from hereon.
Calcutta HC dismisses United Bank of India's decision on technical grounds
Bank dismisses mis-selling charges, says lawsuit filed after it initiated legal recovery action over loan default
Experts hail 2014 as the worst year for banks.
The Directorate General of Civil Aviation has been asked to open up bookings of SpiceJet till March 31, 2015, while airport operators have been asked to provide 15 days to the airline company for making payments.
It might be difficult to repeat the SKS success with VAYA Finserv, say analysts