Wednesday, March 04, 2015

Credit discipline will help reduce bad loans in education sector: RBI

Our Bureau | Mumbai, March 3  

Banks, credit information firms urged to educate youth »

Push to recover bad loans helps Dhanlaxmi Bank turn the corner

V Sajeev Kumar | Kochi, March 3  

Bank to focus on MSME, retail assets, micro-finance and gold loan segments »

Moody’s downgrades Central Bank, IOB

Our Bureau | New Delhi, March 3  

Moody’s Investors Service has downgraded Central Bank of India and Indian Overseas Bank (IOB) to below ‘investment grade’.The local and foreign currency deposit ratings of these two... »

‘Pro-growth and inclusive Budget’

Ajay Srinivasan   | March 4, 2015

The Budget has set out clearly a vision for policy action backed by some realistic revenue assumptions. The tone of the Finance Minister’s speech was optimistic and set out the key focus areas:... »

Federal Bank offers overdraft against gold jewellery

Suresh P Iyengar | Mumbai, March 3  

Even before the gold monetisation scheme gets rolled out, Federal Bank has offered its consumers an attractive ‘Apna Gold Loan’ facility.Unlike the gold deposit scheme unveiled in th... »

IRDAI issues norms for insurance marketing firms

Our Bureau | Mumbai, March 3  

Enterprising insurance agents and entrepreneurs can soon start their own insurance distribution company. The Insurance Regulatory and Development Authority of India on Monday released its f... »

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