Bankers have read the Reserve Bank of India's (RBI) comments on foreign banks' market share in India as an indication that the promised review of policies on the presence of overseas banks in 2009 is unlikely to yield any greater leeway within which they can operate.
Bankers and economists agree rates will soften, though the quantum would depend on banks' asset-liability profile
Private banks may lower deposit rates. The Reserve Bank of India on Friday prodded banks to reduce interest rates after the monetary policy measures announced by it over the last five months have failed to result in lower cost of funds for the economy.
'Returns can be very variable in equity markets.' 'That is why I tell small investors don't put 100 per cent of your money in equities, even if you are young.'
Gopalakrishna's name was in the reckoning for Deputy Governor in place of Anand Sinha who retired in January.
The BRICS bank is simply too expensive a proposition for a group of developing countries that includes many who are already overspending domestically.
RBI Governor Shaktikanta Das and Finance Secretary Subhash Chandra Garg are also expected to attend the meetings.
What connects P S Jayakumar of Bank of Baroda, V Vaidyanathan of Capital First Ltd and Chandra Shekhar Ghosh of Bandhan?
Kamath's success is the envy of bankers everywhere, but his feat of taking a small bank and turning it into the country's second largest lender is hard to match.
Chidambaram in his Budget speech on February 28 proposed setting up of country's first all-women bank and had earmarked Rs 1,000 crore (Rs 10 billion) for this.
Over 25,600 cases of banking fraud reported up to December 21, 2017, says Minister RS Prasad.
In an attempt to acquire consumers, banks have been providing a lot of technology-enabled services, which used to be offered free.
'The Indian economy and the Indian financial sector today remain resilient and much better placed.'
Vodafone Idea (Vi) is in continuous talks with network vendors to finalise its 5G rollout plans, Vodafone Idea CEO Akshaya Moondra said. "We are in early stages of 5G deployment. "5G is an important development and we are keeping our eyes on it," Moondra said on Wednesday in a post-result analyst call. Already five months behind rivals Jio and Airtel in the 5G race, Vi's efforts will be on the deployment of 5G in target geographies.
They need to have 15 years of mainstream banking experience
Banks and housing finance firms may seek legal mortgage as well as completion guarantee clause.
Bankers do not expect any major changes in key interest rates by the Reserve Bank in its quarterly review of the monetary policy on October 31.
Rajan said it is hard to offer an objective self-assessment but the RBI should probably have raised more flags about the quality of lending in the early days of banking exuberance.
The delegation, which was led by Communist Party of India-Marxist member of the Parliament Basudeb Acharia, told Mukherjee that the urban cooperative banks have been put to 'extreme hardship' due to the hefty 30 per cent tax on profits.
The mergers will not involve any cash but only share swaps
It was unclear how bankers were deciding which jewellers to support
Indian Banks' Association on Thursday said banks cannot lower their lending and deposit rates any further under the current scenario.
'Let them put their house in order first.' 'Let the RBI first rectify themselves.'
Sahara accuses Mirach Capital of cheating, forging bank letter.
The National Company Law Tribunal (NCLT) on Thursday gave crisis-hit Future Retail Ltd (FRL) time till May 12 to submit its reply to the insolvency petition filed against the company by Bank of India. Last week, Bank of India had moved the tribunal seeking to initiate insolvency resolution proceedings against FRL, which has defaulted on loan repayments. The NCLT hearing on Thursday also came against the backdrop of Reliance calling off its proposed Rs 24,713 crore-deal with Future Group after secured creditors voted against it.
Police have not ruled out a "professional" motive behind the killing of Andrei Kozlov, who over the past years had revoked the licenses of about 40 Russian banks for money laundering and other illegal activities.
Swiss private bankers are likely to reduce their exposure to wealthy Indian clients as they cut down their discreet banking services in countries like Germany, France and the United States, analysts say.
This issue was discussed at the Gyan Sangam addressed by Prime Minister.
Indian banks saw a spurt in deposits around the end of the fiscal year to March because of year-end promotions and government spending, bankers said.
Scarcity of space, high rentals and slow redressal procedures are all issues.
The Reserve Bank is in touch with various banks to understand why lending rates are not coming down despite the central bank cutting policy rates, even as the bankers expressed inability to lower the rates when bond yields remain high.
There are allegations of involvement of Kochhar and her family members in a loan provided to Videocon group on a quid pro quo basis.
A year ago, Greece's bankers thought they were on the cusp of a new era.
Banks need assistance to complete projects that they have taken over
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