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MONEY & BANKING
PUBLIC SECTOR BANKS:
Public sector banks encourage home loan balance transfers
Mumbai, June 7 Home loan ‘balance transfers’ from private sector banks and housing finance companies are welcome, say public sector bankers. While they are dangling the carrot of soft interest rates to encourage customers from ...
DEBT MARKET:
Bond yields soften on high liquidity
Rupee buoyant due to inflows driven by PN investments. Bangalore, June 7 Bond yields softened on the back of high liquidity and non-bank institutions chasing government securities as safe ...
PEOPLE:
New DGMs of Corporation Bank
Corporation Bank has promoted 11 Assistant General Managers as Deputy General Managers. A bank release said the new DGMs are: Mr Thangaraju V., Mr Virendra Kumar Aggarwal, Mr V.S. Karthikeyan, Mr K.G. Subramanian, Mr Tejappa B.B., Mr K. ...
PRIVATE BANKS:
HDFC Bank raises FY10 growth forecast to 6.5%
Thiruvananthapuram, June 7 Signs of a possible bottoming out in industry on the supply side and private consumption on the demand side have prompted HDFC Bank to revise FY10 growth forecast upwards from 5.8 per cent to 6.5 per ...
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