Immigration reforms should be Obama`s priority: Survey

Last Updated: Tuesday, November 13, 2012, 14:04

Over two-thirds of Americans believe that immigration reform should be a priority during President Barack Obama’s second term, according to a poll.

PSL norms for foreign banks: Chakrabarty dismisses criticism

Last Updated: Monday, October 15, 2012, 22:27

Speaking at a banking summit here this evening, he lso responded to criticism in the western press that foreign banks now have to track the prices of ploughs and livestock to do business India.

No need to bring infra credit under PSL: Chakrabarty

Last Updated: Tuesday, September 4, 2012, 17:45

RBI Deputy governor KC Chakrabarty on Tuesday ruled out classifying banks' advances to infrastructure sector as priority sector lending (PSL) saying there is enough credit flow to this critical sector to even make the central bank worried.

RBI, bank chief's discuss possibility of revising PSL norms

Last Updated: Tuesday, August 28, 2012, 20:21

The Reserve Bank of India on Tuesday discussed the possibility of revision in priority sector lending norms with bank chiefs, who pressed for some modifications in the final guidelines on the issue released in July.

New priority lending norms only marginally tougher: Barclays

Last Updated: Monday, July 23, 2012, 21:33

The guidelines on classification of the priority sector lending (PSL) for banks released last week by the Reserve Bank are only "marginally tougher", British bank Barclays' equity research unit said Monday.

Priority sector lending target for foreign banks raised to 40%

Last Updated: Friday, July 20, 2012, 21:01

Foreign lenders with large presence in India, like Citi Bank and StanChart, will have to follow the same priority sector lending norms as the Indian banks, RBI said on Friday.

Up home loan cap to Rs 10 lakh for priority sector: RBI to RRBs

Last Updated: Friday, April 27, 2012, 21:38

The Reserve Bank on Friday asked all Regional Rural Banks (RRBs) to double the limit for home loans to Rs 10 lakh from Rs 5 lakh for consideration under priority sector lending schemes.

Give home loan up to Rs 25 lakh in priority sector: RBI to UCBs

Last Updated: Thursday, April 26, 2012, 18:53

In order to facilitate enhanced lending, Reserve Bank on Thursday allowed Urban Co-operative Banks (UCBs) to provide housing loans up to Rs 25 lakh under the priority sector lending schemes.