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Latest Articles in Banking Finance

Finmin Gets Nearly 100 Applications For Post Of RBI Deputy Governor

Persons with at least 25 years of work experience in an Indian or international public financial institution could also apply for the post.

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Regulations Have Pushed Wealth Management Industry Towards Greater Transparency: Rohit Sarin, Founder Partner, Client Associates

In an interview with BW Businessworld, Rohit Sarin, Founder Partner, Client Associates talks about the wealth management industry, mutual funds, risk management and more.

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ADB President Takehiko Nakao Resigns

Takehiko also emphasized ADB must continue to be an important centre for fostering cooperation and friendship among countries.

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Allahabad Bank Board Approves Merger With Indian Bank

Employees and officers of Allahabad Bank staged a demonstration in front of its headquarters here to protest against the merger.

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RBI Allows Payment Of All Recurring Bills Through BBPS

Currently, the facility of payment of recurring bills through BBPS is available only in five segments -- direct to home (DTH), electricity, gas, telecom and water.

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SBI Chief Slams 'Selfish' Pvt Sector Bank For Altico Crisis

If any bank makes a selfish move, it can have a negative impact on the rest of the system, State Bank of India (SBI) chairman Rajnish Kumar told reporters here over the weekend.

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SBI To Move RBI To Offer Fixed-Floating Rate Home-loans: Chairman

Floating rate loans are re-set as when the interest rates fall or rise, but fixed rate loans are reset in 9-12 months.

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SBI Wants To Be Lead-bank For Ladakh; Opens 14th Branch

SBI Chairman Rajnish Kumar on Saturday inaugurated a new branch in this remote town of Diskit in the Nubra Valley.

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RBI Likely To Go For Further Policy Easing In Oct 4 Meet

India's industrial production growth slowed to 4.3 per cent in July, dragged mainly by manufacturing sector's poor show.

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SBI General Insurance Announces Bancassurance Tie Up With Karnataka Gramin Bank

SBI General Insurance has extended its distribution channels in the southern market and will distribute its insurance products across all the branches of Karnataka Gramin Bank.

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Planning A Mutual Fund STP? Consider These Points

If you’ve been advised to start an STP from one fund into another fund, you need to keep these three things in mind.

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Bank Credit Growth Slows To 10.24 Per Cent, Deposits At 9.73 Per Cent

In the previous fortnight to August 16, advances grew 11.64 per cent to Rs 96.82 lakh crore and deposits by 10.15 per cent to Rs 126.80 lakh crore.

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RBI Increases Banks' Loan Exposure Limit To Single NBFC

"It has been decided that a bank's exposure to a single NBFC (excluding gold loan companies) will be restricted to 20 per cent of that bank's eligible capital base," the central bank said in a circular.

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BoB Committee To Meet Next Week To Consider Raising Funds Via Bonds

Shares of Bank of Baroda were trading 4 per cent lower against their previous close at Rs 97.20 apiece on BSE.

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Boards Of Allahabad, Andhra Bank Schedule Meeting For Merger Proposals

Following next year, Bank of Baroda had merged Vijaya Bank and Dena Bank with itself.

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