A white-label ATM is similar to a normal bank ATM but is not owned by a bank, instead by a private ATM service provider.
Vijay Mallya on Wednesday gave a proposal to the Supreme Court to repay around Rs 4,000 crore (Rs 40 billion) loan to banks by September this year.
A revival in investment is likely to be a key near-term initiative.
Car sales dipped by 2.55 per cent in October, as the festival season demand for auto remained in slow lane.
Ruling out a cut in lending rates, bankers said the status quo policy stance of the Reserve Bank will be followed by them, at least in the near-term.
Markets crashed due to domestic worries; bluechip stocks tanked too.
'Today, bankers don't want to take risks as the good decisions taken by them were not protected.' 'There is risk involved in all decisions, like businessmen taking risks in their businesses.' 'A banker must have taken a decision when the economic condition was different, and you cannot question him on the basis of the present situation in hindsight.' 'Naturally, this has affected the morale of bankers.'
India's foreign exchange reserves are at an all-time high.
IIP for November 2015 and CPI for December 2015 will be announced today.
The India Meteorological Department on Tuesday said the monsoon this year is expected to be 'above normal.'
Among the private banking majors ICICI Bank and HDFC Bank were down 0.2%-0.5% each.
Banks led the decline with Nifty Bank and BSE Bank index dropping over 3% each.
Pulbic banks have no reason to cheer Budget announcement.
The Central Bureau of Investigation has started a preliminary enquiry looking into the Rs 950 crore (Rs 9.5 billion) alleged bad loan given by IDBI Bank to Kingfisher Airlines ignoring the company's negative credit ratings and net worth.
Sensex ends lower; govt schemes in focus.
Banks are in need of government support to manage the stressed assets
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Bank stocks have underperformed in the second quarter of FY'14 with the BSE Bankex declining 18 per cent compared to fall of 1 per cent in the BSE 30-stock index, Sensex, during this period.
SBI leads a 17-member consortium of lenders that is trying to recover dues running into over Rs 7,500 crore (Rs 75 billion) in principal alone from Kingfisher Airlines.
2013 foreign currency non-resident deposits to mature in Sep-Nov
Never one to mince words, Rajan will walk away with a mixed legacy
Bankers and executives involved in ATM operations said challenges abounded in this segment.
Lenders taking up incubator-style roles with small investments in start-ups
It was unclear how bankers were deciding which jewellers to support
Banks to be permitted to raise long-term funds for lending to infrastructure sector with minimum regulatory pre-emption such as CRR, SLR and Priority Sector Lending.
Markets end in green with auto, banks on a steady climb.
Stung by the crisis arising out of the Syndicate Bank bribery case, lenders have gone into a fire-fighting mode to avoid fresh bad loans from their exposure to Bhushan Steel, one of the most indebted steel companies in the country.
Mid-caps in cyclical sectors such as cement, financials and capital goods estimated to earn much more
The crisis in Indian banking has now reached a point where the NPAs of many public-sector banks are higher than their net worth
The 30-share Sensex ended down 71 points at 26,710 and the 50-share Nifty lost 38 points to close at 8,030.
So what if your bank has imposed/will impose a transaction fee of Rs 20 for using ATMs after your fifth visit in a month? You can still remain within your free transaction limits and avoid being charged at all. Wondering how it is to be done? Read on.
Any saving on the car loan EMI can translate into major savings.
The move also invalidates, albeit temporarily, Mallya's repeated assurances to the court and the public of a revival plan for the carrier.
Narendra Modi's positive engagement with Barack Obama has well and truly washed away the doubts and slights of the past.
Attractions range from start-up challenges to non-monetary perks; employee stock options also play a role.
New offerings by banks are changing the way you transact.
Better stick to equity diversified funds, says Larisssa Fernand
Sensex gained 38.18 points or 0.15% at 25,918.95 and Nifty ended higher by 12.50 points or 0.16% at 7,739.55.
The 30-share BSE Sensex closed down 162 points at 28,338 and the 50-share Nifty was down 67 points at 8,463.
Many people struggle to claim or liquidate investments and insurance policies due to procedural issues.
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