However, BJP has not given any assurance of support and conveyed to the Finance Minister that the matter will be discussed within the party and take a call, sources said.
According to the RBI's Financial Stability Report, the industry's gross bad-loan is at a 14-year high. As RBI's March 2017 deadline for banks to clean up soured credit looms closer, Shailajanand Mishra takes stock of just how bad the situation is.
Ananthasubramanian, 55, started her career in 1982 at Bank of Baroda as a specialist officer in the planning stream.
Mudra Bank will be a Rs 20,000-crore institution, which would "primarily be responsible for refinancing all micro-finance institutions.
Employee integration and branch rationalisation are major challenges.
Mergers to create at most six state banks
The loss-making and debt-laden government carrier has earlier leased space in the 22-storey building to banks and offices but this will be first time that commercial eateries will be allowed in the premises.
Is the SBI chairman leaving the bank in a stronger and better position than what it was? Abhijit Lele finds out.
Under the scheme, which seeks to open 75 million accounts by January 26, 2015, an accident insurance cover of Rs 100,000 is provided with every RuPay debit card offered by the National Payments Corporation of India.
Experts hail 2014 as the worst year for banks.
At 12:25 PM, the barometer index, the S&P BSE Sensex was down 358 points or 1.3% at 26,368.
Loan rates will change at the next reset, while deposit rates will continue till maturity.
Auto stocks are weighing on the indices.
In February 2013, the airline under the then chairman Rohit Nandan decided to shift its base to New Delhi.
The idea of the payment banks is to provide access to banking for people, especially in rural areas.
With the advent of new banks, IT firms will get boostto their businesses.
The need to allow government shareholding in public sector banks to come down below 51 per cent
Union Minister for Women and Child Development Maneka Gandhi says her ministry is working on four core areas of "safety, education, employment and confidence building," which are critical for the 58 crore women population in India which includes over 41 crore in rural areas. She also lays out the detailed roadmap for her ministry including setting up of one stop rape crises centres, hostels for working women among others.
The government has opted for the RuPay debit card over the Aadhaar-based platform for "last-mile" authentication in its Pradhan Mantri Jan Dhan Yojana.
'I want to leave behind the bank stronger and better than when I took over.'
Hers is a rags-to-riches story for the ages, peppered with risks, determination and strokes of luck.
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