Latest Articles in banking
Will Commercial Banks Be Swept Away By Future Technologies?
This evolving digitization scenario brings us to wonder if the commercial banks shall vaporize completely in the decades to follow.
Read More
Expert Views: RBI Cuts Rates Yet Again In Bid To Revive Growth
All six MPC members voted in favour of a rate cut and for retaining the accommodative stance
Read More
Bank Unions Defer 2-day Strike; Operations To Be Normal On Sep 26-27
Four unions of bank officers had threatened to go on a two-day strike from September 26 to protest against merger.
Read More
Sensex Rebounds Over 100 Points; Banking, Auto Stocks Jump
In the previous session, the BSE barometer ended 470.41 points, or 1.29 per cent, lower at 36,093.47, while the Nifty plunged 135.85 points, or 1.25 per cent, to settle at 10,704.80.
Read More
Sensex Crashes Over 500 Points; Nifty Falls Below 10,900
The 30-share index was trading 459.89 points, or 1.24 per cent, lower at 36,661.81 at 1330 hours, while the broader Nifty fell 138.60 points, or 1.21 per cent, to 10,864.20.
Read More
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.
Read More
Banks merger reflects govt resolve to address economic slowdown: India Inc
Manufacturing output and subdued farm sector activity pulled down India's GDP growth to 5 pc in April-June quarter.
Read More
Govt To Infuse Rs 55,250 Cr For Strengthening Banks, Push Lending
Bank of Baroda will get Rs 7,000 crore, Indian Overseas Bank Rs 3,800 crore and Central Bank of India Rs 3,300 crore.
Read More
RBI Rules Out Asset Quality Review Of NBFCs For Now
IL&FS group's failure has made banks highly risk averse to the NBFC sector, leading to a severe liquidity crunch.
Read More
Credit Demand Subdued, Economy Needs Stimulus: SBI Chairman
Though lack of credit demand exists in the economy, there is no supply-side constraint as the public sector banks are more or less well-capitalised.
Read More
StanChart Eyes $100 Billion Private Bank Assets In Growth Push, To Hire Bankers
The private banking business accounted for just 3.8% of StanChart's total profit before tax in the first-half of this year.
Read More
We Are Eyeing Rs 60,000 Crore Transactions By Next Year: Mandar Agashe, Founder and Vice Chairman of Sarvatra Technologies
Founder and Vice Chairman of Sarvatra Technologies Mandar Agashe spoke to BW Businessworld on various achievements and future plans of the company.
Read More
India Seen Set For Fourth Interest Rate Cut Of 2019
State Bank of India cut interest rates on deposits across all maturities on Monday, but analysts said it would take time for the country's largest bank to make matching cuts in its lending rates.
Read More
Good Money After Bad? India's Bank Rescue Plans Keep On Coming
Bankers and credit rating agencies say they doubt the latest move by New Delhi to provide a further $10 billion in government money to the institutions that dominate India’s banking landscape will be enough for them to overcome massive bad debt problems.
Read More
SBI Posts Profit For First Quarter
Interest earned rose 6.5% to Rs 626.38 billion, while provisions for bad loans dived 10.7% in the quarter
Read More