SEARCH
PS Rawat, Executive Director and Acting MD & CEO
PS Rawat, Executive Director and Acting MD & CEO

Canara Bank Q4 profit flat as interest income dips

Our Bureau

To focus on improving recoveries, managing NPAs better: PS Rawat »

Now, you can make ICICI Bank transactions using voice!

Beena Parmar

Your voice will now act as your password to do banking transactions. ICICI Bank, India... »

Kingfisher loan recovery not possible in near-term: United Bank

PTI

United Bank of India today informed the BSE that it does not expect to recover Rs 400 crore it h... »

‘55% of RuPay cards active under Jan Dhan Yojna’

AP HOTA, MD and CEO of NPCI

Beena Parmar

As India’s own card-payment scheme RuPay aims to go global, National Payments Corporation of... »

15% salary bonanza for bank employees

Beena Parmar

Salaries and allowances of bank employees will increase by 15 per cent after bank unions and ind... »

Banking

Bank unions, IBA sign bipartite agreement

Our Bureau

The Indian Banks’ Association signed the 10th bipartite agreement with five employee unions in M... »

Banking

Inoperative accounts: Central Bank to send SMS alerts to customers

LN Revathy

If you are a customer of Central Bank of India and have failed to operate your account for th... »

Banking

Banks will ask for ‘50 bps CRR cut in next RBI policy’

Our Bureau

Will help inject about ₹40,000 cr into banking system, says IBA chief »

Banks will ask for ‘50 bps CRR cut in next RBI policy’

Our Bureau

Will help inject about ₹40,000 cr into banking system, says IBA chief »

ANZ Bank to open rural branch near Bengaluru next year

Subhas DeGamia, Executive Director, ANZ Bank

Amiti Sen

Will help bank get more involved with local communities »

Passage of time cannot be an excuse to deny compassionate appointments: Supreme Court

Vinson Kurian

A subsequent scheme cannot take away the right accrued through an earlier scheme, rules Supreme Court in a Canara Bank case »

Inoperative accounts: Central Bank to send SMS alerts to customers

LN Revathy

If you are a customer of Central Bank of India and have failed to operate your account for three months or more, the bank will soon be sending you a “we are missing you” text message.Th... »

Up to ₹15 lakh can now be received from exchange houses abroad

Our Bureau

The limit of trade transactions under the rupee drawing arrangements has been raised three times to ₹15 lakh per transaction with immediate effect, according to the Reserve Bank of India. »

Bank unions, IBA sign bipartite agreement

Our Bureau

The Indian Banks’ Association signed the 10th bipartite agreement with five employee unions in Mumbai on Monday. The signatories included eight representatives on behalf of 43 member bank... »

India Inc yet to line up for bank credit

G Naga Sridhar, NS Vageesh

It is four months since the Reserve Bank India began easing interest rates, but India Inc is yet to make any significant new investment.With companies saying that good days are still far... »

City Union Bank gets first batch of loan repayment from SpiceJet

PTI

Private sector lender City Union Bank has received the first batch of repayment of ₹100 crore from low-cost air carrier SpiceJet, a top official said today. “Our exposure to SpiceJet is ₹... »

‘It’s time for a rate cut’

Our Bureau

Ahead of the Reserve Bank of India’s (RBI) monetary policy review on June 2, Finance Minister Arun Jaitley said the time is right for an interest rate cut. “My views are well-known,” he sa... »

Multilateral institutions need to be better capitalised: Rajan

Our Bureau

There is a need for better capitalised multilateral financial institutions to provide capital to emerging economies to support long gestation, large-scale investment projects in emerging m... »

SBI: Slippages shrink, but restructured loans rise

Aggressive bids for new govt bonds

Foreign promoter not to hike stake now: Liberty Videocon

Karnataka Bank to seek shareholders nod for QIP

SBI reins in bad loans; Q4 profit jumps 23%

SBI inks pact with Snapdeal, PayPal to assist small businesses

NPAs: Banks get 2 years to spread loss on sale of assets

40 firms account for 50% of bank bad loans, House panel told

From July, PSBs not to work on 2nd, 4th Saturdays

Our Bureau

Pact with IBA includes full medical reimbursement for staff and family »

ICRA chief on RBI panel

Our Bureau

Naresh Takkar, MD and CEO of rating agency ICRA, has been appointed member of the External Advisory Committee of the Reserve Bank of India that is evaluating applications for payments bank... »

Repco Bank Mahila schemes

Our Bureau

Repco Bank has introduced new “Mahila” schemes and a loan camp. The loan camp, which was kicked off today across all its branches in Tamil Nadu, Kerala, Andhra Pradesh, Karnataka a... »

Bank of India rolls out 3 cards with MasterCard

Our Bureau

Government-owned Bank of India launched three cards in partnership with US-based MasterCard.The three cards — Business Debit MasterCard, Platinum Credit MasterCard and International Trav... »

Canara Bank posts Rs 613-cr net profit

PTI

State-owned Canara Bank today reported a net profit of Rs 612.96 crore during the last quarter of 2014-15 financial year against Rs 610.8 crore in the same period previous year.Total income... »
Newsmaker

City Union Bank gains on good results

Radhika Merwin, BL Research Bureau

The stock of City Union Bank (CUB) gained almost 3 per cent on Monday, thanks to a steady performance during the March quarter. The bank had declared its results on Saturday. CUB, which h... »
BANKING

Better governance in PSBs

Radhika Merwin

Even before the BJP Government came to power, banking stocks had sky-rocketed on hopes of big-bang reforms. But the optimism in public sector banks (PSBs) soon fizzled out as poor performance weig... »

City Union Bank net up 19% in Q4 at ₹ 99 cr

N Kamakoti, MD and CEO, CUB (file photo)

Our Bureau

City Union Bank has reported a 19 per cent growth in net profit for the fourth quarter of 2014-15 as compared with the corresponding quarter in the previous year. For the quarter ended Ma... »  

PSU bank employees will soon get pay hike, arrears for 30 months

The present wage settlement will benefit 4.5 lakh clerical and sub-staff

Our Bureau

Employees of public sector banks, old generation private sector banks and some foreign banks will be a happy lot as they will soon get 15 per cent pay hike, arrears for the last 30 months, and oth... »

SBI to raise ₹15,000 cr before end of this fiscal

Arundhati Bhattacharya, Chairman, SBI

Our Bureau

To dilute stake in SBI Life, valuation exercise has begun: Chairman »

Exposure to power, construction, iron & steel, ‘a cause for concern’

Looking for more transparency in Joint Lenders’ Forum, says SS Mundra

LIC’s higher stakes in banks a concern: Mundra

Karnataka Bank Q4 net jumps 65.5%; to pay Rs 5/share dividend

SBI Q4 net profit surges 23% to Rs 3,742 cr

NBFCs can refer to spot price on bourses for gold loans

RBI tracking impact of global policies on banks, says official

Audio
Rajalakshmi Nirmal and Radhika Merwin of the BL Research Bureau discuss the role of asset reconstruction companies (ARCs) in the banking sector and how they deal with bad loans.

DATA BANK

Exchange Rate

Dollar Spot Forward Rate

Open-Ended Mutual Funds

MCX-SX Currency Futures

NSE Currency Futures


Investing.com Forex Charts powered by Investing.com.

Comments to: web.businessline@thehindu.co.in. Copyright © 2015, The Hindu Business Line.