Kotak Bank bullish on corporate loans, eyes up to 20% growth
Even as big-ticket loan demand continues to be tepid, private sector lender Kotak Mahindra Bank is confident of maintaining up to 20 per cent growth in corporate loan book this financial year.
Jul 05, 2015, 14:24 PM IST
BSE Sensex falls, RBI stress test shows likely jump in bad loans for private banks
The RBI also said the probability of slippage of state electricity boards` exposure to bad loans is very high considering the implementation of new regulatory norms effective April 1, 2015.
Jun 26, 2015, 11:56 AM IST
Lakshmi Vilas Bank raises deposit rates by 1%
The bank, which had a low share of the cheaper current and savings account deposits at 16.7 percent as of March, will offer 5 percent interest on saving bank deposits of up to Rs 5 lakh, it said in a statement.
Jun 16, 2015, 18:54 PM IST
ICICI Bank to focus on leveraging technology: Kochhar
"We have leveraged our technology capabilities to facilitate faster and convenient processes, create best-in-class technology platforms and reduce transaction costs.
Jun 07, 2015, 18:02 PM IST
Private banks can pay up to Rs 10 lakh to non-exec directors: RBI
In a bid to attract professional talent, the RBI Monday allowed private sector banks to pay up to Rs 10 lakh per annum as compensation to non-executive directors besides sitting fee for attending board meetings.
Jun 01, 2015, 22:02 PM IST
IBA to sign wage revision pact with banks unions on Monday
Bank unions will be formally signing the new wage revision agreement with the industry body Indian Banks Association (IBA) on Monday, one of the heads of the unions said today.
May 22, 2015, 17:31 PM IST
ICICI, HDFC Bank cut bulk deposit rates by up to 0.25%
Fixed deposit rate of maturity between 121-150 days has been revised downward to 8 per cent from 8.25 per cent earlier.
Mar 30, 2015, 18:58 PM IST
Govt should engage more private banks in subsidy schemes: Assocham
More private sector banks should be engaged in the agency business of the central and state governments for speedy implementation of various subsidy schemes, according to industry body Assocham.
Mar 09, 2015, 14:50 PM IST
Govt should engage more pvt banks in subsidy schemes:Assocham
More private sector banks should be engaged in the agency business of the central and state governments for speedy implementation of various subsidy schemes, according to industry body Assocham.
Mar 09, 2015, 14:28 PM IST
PSU bank chiefs selection: Pvt bankers can apply, too
In a bid to attract talent from a wider pool, the Finance Ministry has invited private sector bankers, besides the regular public sector executives, to apply for the top job at five large state-owned lenders.
Feb 26, 2015, 19:22 PM IST
Private banks lag behind PSU lenders in opening Jan Dhan a/c
Private sector banks are way behind their PSU peers when it comes to opening financial inclusion accounts under the Prime Minister's Jan Dhan Yojana, with just about 30 lakh in over four months.
Jan 11, 2015, 15:33 PM IST
Employees' strike affects Indian banking
Banking operations were affected all over India Wednesday as over a million bank employees went on a day`s strike in support of their various demands, including pay revision, an official said here.
Nov 12, 2014, 12:40 PM IST
Bank strike on today; may hit trading volumes
Still the Reserve Bank of India will operate as usual and can provide funds via its overnight repo window.
Nov 12, 2014, 09:47 AM IST
Bank strike on Wednesday; may hit trading volumes
The strike is expected to hit all state-run banks, and also some private lenders, and could also impact market functions such as trade settlements to some extent.
Nov 11, 2014, 20:58 PM IST
Banks need $200 billion capital in next 5 years: Fitch
Indian banks will need USD 200 billion additional capital over the next five years to meet Basel III capital adequacy norms and the demand for funds as growth picks up, Fitch Ratings said on Thursday.
Oct 02, 2014, 16:02 PM IST
