Friday, September 19, 2014

As bad loans mount, SBI will train officers, BCs as debt recovery agents

K Ram Kumar | Mumbai, September 18  

Forensic audits may result in more borrowers being declared ‘wilful defaulters’ »

YES Bank lines up plans to raise Rs. 1,500 crore through infra bonds

Beena Parmar | Mumbai, September 18  

This will exempt the lender from liquidity, priority sector requirements »

Bl19_bmbsp_Rupee closing

Mumbai, Sept 18  

Rupee ends high on Fed vow

Erasing early losses, the Indian currency recovered from 61.20 levels to end marginally higher at 60.85 against the dollar. The domestic unit... »

PFRDA gives Bajpai panel 6 weeks to review investment guidelines for private sector-NPS

KR Srivats | New Delhi, September 18  

Pension regulator PFRDA has set up an expert committee under the chairmanship of former SEBI chief GN Bajpai to review the investment guidelines for the National Pension System (NPS) in the... »

Life insurers get more time to convert policies to demat form

Deepa Nair | Mumbai, September 18  

The Insurance Regulatory and Development Authority (IRDA) recently sent a circular to all life insurers allowing a one month-extension to meet the criteria for conversion of a minimum numbe... »

SBI, ICICI Bank, Axis Bank to get China Exim Bank credit

Our Bureau | Mumbai, September 18  

State Bank of India and ICICI Bank on Thursday signed framework agreements with the Export Import Bank of China (China Exim Bank) for Lines of Credit (LOC) amounting to $1.8 billion and $1... »

Tata Capital lowers home loan rates for small towns, poor

Our Bureau | Mumbai, September 18   

Tata Capital’s housing finance subsidiary, Tata Capital Housing Finance (TCHFL), on Thursday announced a special interest rate for affordable housing in tier II and tier III cities, semi-ru... »

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