MONEY & BANKING
PUBLIC SECTOR BANKS
Oriental Bank to shift more operations to electronic mode
Singampunari (TN), May 11 The Oriental Bank of Commerce, the tenth largest nationalised bank in the country, is aiming to shift 50 per cent of its business to the electronic form.Addressing a press meet here on Sunday, following the ...
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‘Covert bid to destroy public sector banks’
Thiruvananthapuram, May 11 Various banking commission reports overtly favouring reforms in the industry are loaded with the “perverse logic” of destroying the public sector banking structure in the country, according to Mr A. ...
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FINANCIAL INSTITUTIONS
SIDBI to help small units generate revenues thru carbon credits
New Delhi, May 11 The Small Industries Development Bank of India (SIDBI) would invest Rs 500-600 crore over the next two years to enable the small and the medium enterprises (SMEs) generate revenues through carbon credits. The move would help ...
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GOVT BONDS
Yields head southward as inflation worries abate
Outlook for bonds positive on low credit off-take
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CREDIT MARKET
‘Education loans, a major feat of UPA Govt’
Singampunari (Sivaganga district), May 11 The extension of education loans has been a singular achievement of the Government under the United Progressive Alliance and the benefits have gone to the poor, agriculturists and the middle-class, ...
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