Last Updated: Sunday, August 23, 2015, 21:12
Bandhan Bank Sunday began operations as a full-fledged bank with 501 branches and 1.43 crore accounts across the country, becoming the newest member of the estimated USD two-trillion Indian banking industry.
Last Updated: Sunday, August 23, 2015, 19:21
Indian banking sector is going through challenging times, characterised by low credit, impairment of assets and low profitability, RBI deputy governor H R Khan said Sunday.
Last Updated: Friday, June 19, 2015, 19:51
Coming down hard on cooperative banks, RBI Deputy Governor R Gandhi on Friday said their share is below 5 percent despite large number, as they have not kept pace with technological advances and lack professionalism.
Last Updated: Wednesday, May 27, 2015, 15:19
India needs to privatise and change the character of its state-owned banks which have massive bad loans that have become a drag on economic growth, a leading financial expert said here.
Last Updated: Sunday, May 17, 2015, 16:46
ICICI shares are listed in India on BSE and NSE, while its American Depositary Receipts are listed on the NYSE.
Last Updated: Wednesday, August 7, 2013, 19:16
The Indian banking sector is unlikely to recover in the next 18-24 months due to slow economic growth and deteriorating loan portfolio, said a report by global rating agency Standard & Poor's.
Last Updated: Monday, August 20, 2012, 18:55
The Finance Ministry has asked state-owned banks and insurance companies to take up the issue of misconduct by professionals like advocates and chartered accountants with their regulating bodies like ICAI.
Last Updated: Thursday, June 28, 2012, 23:04
Innovative service delivery models, including mobile banking and ATMs, and the ability to satisfy customers will drive the growth of banking sector in coming days, says a report.
Last Updated: Friday, June 15, 2012, 16:49
The banking sector is likely to witness moderate growth in the current fiscal coupled with downside risks to net interest margins (NIMs) following the difficult economic environment, a Barclays research report said here on Friday.
Last Updated: Friday, April 13, 2012, 23:48
Projecting a challenging year for the Indian banking sector, global financial services major Standard Chartered on Friday said the liquidity challenge is likely to re-emerge in 2012-13, forcing RBI to take action.
Last Updated: Saturday, March 31, 2012, 17:36
State-run lender Syndicate Bank on Saturday opened 108 branches across 15 states and Union Territory of Andaman and Nicobar Islands.
Last Updated: Sunday, February 19, 2012, 15:10
State-owned Indian Bank has introduced account portability feature which allows its customers to retain the account number even if they change the branch.
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