Archive for the ‘Banking’ Category

D Subbarao takes the reins at RBI

Friday, September 5th, 2008

Rating:  0 Duvvuri Subbarao took over as Governor of the Reserve Bank of India on Friday afternoon, succeeding Y.V. ...

IT snag affects HDFC Net banking, ATMs across India

Tuesday, September 2nd, 2008

Rating:  0 HDFC Bank's retail banking services including Net banking service and ATMs on Tuesday went out of order ...

RBI phasing out old Rs 1,000, Rs 500 notes of 1996 series

Thursday, August 28th, 2008

Rating:  0 The Reserve Bank is phasing out old currency notes in the denomination of Rs 1,000 and Rs ...

Bank employees in favour of merger: SBI Chairman

Tuesday, August 19th, 2008

Rating:  0 Playing down a strike by officers on Monday to protest the merger of State Bank of Saurashtra ...

Govt puts SBI-Societe Generale JV proposal on hold

Friday, August 15th, 2008

Rating:  0 Government has put on hold French banking major Societe Generale's (SocGen) proposed joint venture with State Bank ...

R-Money eyes Rs 10,000 cr currency export

Thursday, August 7th, 2008

Rating:  0 Anil Ambani group's Reliance Money is eyeing to "export" currencies worth about Rs 10,000 crore in the ...

ICICI Bank to offer two-wheeler loans only at branches

Thursday, August 7th, 2008

Rating:  0 Seeking to cut down its operating costs and leverage from an expanded branch network, the country's top ...

IndusInd Bank hikes BPLR by 0.75 per cent

Wednesday, August 6th, 2008

Rating:  0 Private-sector lender IndusInd Bank has hiked its benchmark prime lending rate (BPLR) by 0.75 per cent to ...

PNB hikes PLR by 100 bps

Sunday, August 3rd, 2008

Rating:  0 A day after RBI raised short- term lending rate and mandatory amount to be parked with it, ...

RBI warns banks of assets and liabilities’ mismatch

Sunday, August 3rd, 2008

Rating:  7 Expressing concern over the tendency of some banks to lend too much compared to their sources of ...