Telangana Rashtriya Samiti president K Chandrasekhar Rao, who is on a fast-unto-death for a separate Telangana state, was admitted to a government hospital in Hyderabad on Thursday after being shifted from Khammam.Rao was put in the Khammam sub-jail after being arrested ahead of his proposed fast-unto-death at Siddipet in Medak district earlier this week.The TRS chief called off his fast within two days, after being admitted to the Khammam hospital, but resumed it later.
The 55-year-old prime accused in the multi-crore scam is suffering from Hepatitis-C and is undergoing treatment at the Nizam's Institute of Medical Sciences in Hyderabad.
Moderate credit growth at around 22 per cent and relatively higher deposit growth has placed the liquidity situation of banks in more comfortable zone.
Bharat Kumar, counsel for Ramalinga Raju, urged the court to grant the bail to his client on health ground and also to enable him to defend himself in various cases slapped against him by various investigating agencies including Securities and Exchange Board of India, Serious Fraud Investigation Office, Enforcement Directorate.
TRS chief K Chandrasekhar Rao, who ended his 11-day fast undertaken to press for Telangana state, was shifted out from ICU of the Nizam's Institute of Medical Sciences (NIMS) in Hyderabad.
The move is aimed at improving margins.
The State Bank of India (SBI) on Wednesday said that it was examining the possibility of another round of reduction in its benchmark prime lending rate (BPLR), while adding that it was offering the cheapest rates across loan categories.
The Union Budget 2008-09 has focused on farm credit.
A well-run non-banking company has better margins than a bank, but the objective of setting up Ujjivan was to provide comprehensive financial inclusion, Ujjivan Small Finance Bank MD & CEO Samit Ghosh tells Anup Roy in an interview.
Education UK experts at the British Council, Nim Bahadur and Sonu Hemanii, hosted a chat with readers on September 23. for those of you who missed the chat, here's the unedited transcript.
Public sector banks could see higher pressure on their net interest margins in the coming months as they have mopped up large amounts of deposits at higher rates and have also effected steep cuts in lending rates between November 2008 and January 2009.
Experts from the British Council hosted a chat with GA readers on November 19. For those of you who missed the chat, here's the unedited transcript:
About 15 people have been feared killed in the mishap.
Mamta Rawat is one among the thousands who were rendered homeless during the June 2013 Uttarakhand floods. Six months on, however, not much work on relocation or rehabilitation has started. And money is really not the issue.
The festive season starts from August and last till December.
Balakrishna was remanded to judicial custody for allegedly opening fire at two persons, including film producer B Suresh, on Thursday last.
Senior bankers are trying to impress upon the central bank that the shift to external benchmark-linked lending be postponed to April 1, 2020.
The biggest private sector lender, are swarming the market with discounts and special offers
Anil Khandelwal, Chairman of Bank of Baroda, expects a 25% credit growth in FY07. He says that BoB did not bid for UWB due to their existing presence in Maharashtra. He adds that the UWB branches will give IDBI good reach and size.
From zeroing in on the best means for stake dilution to moving beyond microfinance, Bandhan navigates a tough path. Namrata Acharya reports.
The BSP president had to be admitted to Nizam Institute of Medical Sciences in Hyderabad following a brain stroke.
Vodafone Idea, the promoter of Aditya Bira Idea Payments Bank, said in a notification to the exchanges late on Friday that the board of the bank approved winding up the business, subject to approval from the Reserve Bank of India.
NorthEast United inched closer to a playoffs berth with a 2-1 win over 10-man SC East Bengal in the ISL
YSR Congress President Jaganmohan Reddy, who was admitted to a hospital on October 9 after being forcibly evicted by police from the site of his fast to protest bifurcation of Andhra Pradesh, was discharged on Saturday.
.jpg)
Net NPA of the 26 public sector banks, including State Bank of India, rose to 2.02 during the year as compared to 1.53 in the previous fiscal. SBI and its five associates recorded a net NPA of 2.04 per cent against 1.76 per cent in the comparable period.
NorthEast United got the better of Mumbai City yet again, doing a double over the Islanders with a 2-1 win in the Hero Indian Super League
At least 10 people were charred to death and another 12 got injured when a gas tanker caught fire and exploded after being hit by a truck on a highway near Beelpur village, 35 kilometres from Jaipur, late Saturday night.
Rediff readers tell us what they did with their first salaries.
Three stockmarket experts give their best picks for the New Year.
Hyderabad-based Andhra Bank is aiming to get a significant proportion of the state government's business, to boost its share of low-cost deposits
Given the controversy over Uttar Pradesh's population control moves, Hemant Shivsaran/Rediff.com digs deep to find out how many children BJP MLAs in UP have.
Health insurance expert Anil Rego in an online chat with readers answers health insurance queries.
Every employee on an average contributed Rs 650,000 to the bank's profit in the last fiscal.
The bank, which has suffered reverses following a massive spike in dud assets and also the dismissal of its chief executive Chanda Kochhar over governance issues, however, hinted that the worse is behind.
Financial services firm AnandRathi analysed the key points of the policy soon after it was announced.
While its deposits from Iran accounts have come down from a peak of around Rs 25,000 crore to Rs 2,200 crore, it's been offset by the bank receiving almost Rs 24,000 crore in deposits post note ban.
The bank's net profit on standalone basis was Rs 2,652 crore (Rs 26.52 billion) in the forth quarter of the 2013-14 fiscal, up 15.01 per cent from Rs 2,304 crore (Rs 23.04 billion) in the year-ago period, ICICI Bank said in a statement.
The non-watchlist stress emanated from over five year-old loans in the iron and steel, infrastructure and construction sectors.
The Sensex closed down 308 points at 24,894 and the Nifty has lost 96 points at 7,559.
Slow credit off-take to put pressure on margins
