Bihar Chief Minister Nitish Kumar on Wednesday lamented that a section of people start "chanting" 'Jungle Raj' after every incident of crime in the state and said the government has decided to set up a battalion for safeguarding banks and other such establishments.
Moody's has revised to positive the outlook on the long- term ratings of private sector lenders
Here's a look at the best star tweets of the day.
An advertisement issued in Pakistani newspapers by the police force in Punjab province on Friday featured the logo of its counterpart in India's Punjab state, triggering an outcry among the people.
According to the general secretary of the All India PNB Officers' Association, K D Khera: "The bank has a staff strength of about 57,000 in all cadres.
The Budget for 2016-17 has announced a massive rollout of ATMs and micro-ATMs.
DLF, Indiabulls Real Estate, HDIL, YES Bank, Union Bank of India and Maruti Suzuki are down 4-12% on NSE.
A K Dogar-- Hafiz Saeed's lawyer is eager to visit his birthplace, Hoshiarpur in India's Punjab state and wants to take his grandchildren to the Taj Mahal in Agra. But he fears that even if the Indian government gives him a visa, he may face hostility in the neighbouring country because he is the lawyer of a man many Indians hate.
Though Infosys did not elaborate why it has parked more money with PSBs, bankers indicated the prime reason was the high deposit rates. Large private players such as ICICI Bank, which were till early last year offering higher interest rates, have withdrawn from that segment. In contrast, till November-end, PSBs were offering up to 400 basis points higher on bulk deposits to mop up resources for the increase in demand for loans.
For instance, in early December, SBI was offering 10.5 per cent on a 1,000-day FD. This was lowered to 10 per cent in mid-December. A fortnight later, in January, the bank is offering only 9 per cent for the same tenure. For investors, who missed the bus in October and November, this is certainly bad news. However, all isn't lost. There are some segments still where the rates on offer still look interesting.
British Columbia lawmakers marked the 94th anniversary of the infamous Komagata Maru incident by voting to offer an apology, for the treatment meted out to Indian passengers, who were denied entry to Canada after arriving at Vancouver harbour.
Big agribusiness may boost crops temporarily, but wreaks environmental havoc over the long term. Punjab's grand narrative, a success story of bumper harvests, conceals dangerous subplots of pesticide poisoning, water shortages, soil salinity, fertiliser runoff, skyrocketing cancer rates, farmer indebtedness and drug addiction. The world is faced with hungry populations and a collapsing environment is how to reconcile the powerful forces of a global economic system.
Banking shares are down up to 11% after the Reserve Bank of India has increased the policy repo rate by 25 basis points from 7.25% to 7.5% with immediate effect.
Borrowers haven't heard the last of interest rate hikes, as more banks are preparing to raise lending rates in the days ahead to offset increase in their cost of funds.
RBI will make a presentation on January 24 before the panel on the state of NPAs and stressed loans.
Mixed global cues and decline in crude oil prices further dent the sentiments.
The government on Thursday cleared the long-awaited sale of the UTI Asset Management Company to three state-owned banks and the LIC at a price of Rs 1,237 crore.
Pakistan has handed over to India a "new set of proposals" aimed at resuming the stalled bilateral dialogue and gradually addressing all longstanding issues, a media report said on Saturday.
A few state-owned banks such as IDBI Bank, Union Bank, Indian Overseas Bank have announced results for FY14.
Moody's Investors Service has changed the outlook for the long-term foreign currency deposit ratings of a number of Indian banks -- currently rated Ba2 -- from 'negative' to 'stable' for India.
While State Bank of India with $78.88 billion in assets was among top 30 largest banks in Asia, Corporation Bank emerged as second strongest bank in the region, based on seven crucial financial parameters.
The alert has been sounded following reports that the killer pneumonia virus has claimed several lives and infected many others in the countries neighbouring India.
Second-half goals from penalty-corners gave the Punjab side a 2-0 win in their opening match in the Bombay Gold Cup hockey tournament.
Pakistan's former Ambassador to the US Hussain Haqqani said that in WSJ article.
According to a source, banks have decided to infuse funds after Purnendu Chatterjee, chairman of The Chatterjee Group, agreed to invest Rs 100 crore (Rs 1 billion) as margin amount into the ailing plant.
The O P Jindal Group company Jindal Steel and Power has begun talks with the State Bank of India, Punjab National Bank and Canara Bank for financing its Rs 550 crore (Rs 5.50 billion) expansion plan.
Participants are keenly waiting for the January IIP.
Norms governing investments by provident funds bar these from depositing funds in a commercial bank in case the NPAs of that bank exceed two per cent of net advances.
Analysts say there is still no visibility of earnings improvement.
Most of the index heavyweights are yet to declare their results.
The FMCG index gained more than 1% on the back of stellar gains in ITC.
The policy statement by the RBI governor is also expected to be upbeat.
Sensex may remain under pressure this week due to weak global factors.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances