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Latest Articles in banking

The Game Changer You Can Bank On!

Bank mergers are no mean task and require an enormous understanding and momentum to ensure that all cogs in the wheel fit seamlessly to ensure success.

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Should You Still Invest Into 54EC Bonds?

Should you park your long-term capital gains into them nevertheless, or invest someplace else? Here are a few points to consider.

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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.

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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

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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.

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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.

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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.

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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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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.

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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.

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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.

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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.

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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.

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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.

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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.

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