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Bank credit growth rises 11%, but still lags deposits at 13%
Wed, Oct 15 2014. 11 38 PM

Bank credit growth rises 11%, but still lags deposits at 13%

Bank credit grows 11% to Rs.6,269,007 crore for fortnight ended 3 October
RBI to invite applications for bank licences: G.S. Sandhu
Wed, Oct 15 2014. 09 39 PM

RBI to invite applications for bank licences: G.S. Sandhu

Sandhu says the RBI will invite fresh applications to grant licence in 3 categories—small banks, payment banks and universal banks
Banks to recast Rs5,000 crore loans in Jammu and Kashmir
Wed, Oct 15 2014. 12 50 AM

Banks to recast Rs5,000 crore loans in Jammu and Kashmir

Loans to be restructured at rates close to the bank’s base rate, or the minimum lending rate of a bank
Now real-time banking on social media
Wed, Oct 15 2014. 12 47 AM

Now real-time banking on social media

Banks are allowing real-time money transfers on social networking sites like Facebook and Twitter
REIT $20 billion spending in India delayed by tax rules
Wed, Oct 15 2014. 12 46 AM

REIT $20 billion spending in India delayed by tax rules

Tax rules that make it unattractive to sell a security in less than three years and concerns about levies to be paid by builders may prolong the wait for REITs
Citigroup to exit 11 consumer-banking markets with poor returns
Tue, Oct 14 2014. 06 34 PM

Citigroup to exit 11 consumer-banking markets with poor returns

The sale of the businesses, a majority of which already are under way, are expected to be completed by the end of next year, says Citigroup
JPMorgan Chase posts Q3 net income of $5.6 billion
Tue, Oct 14 2014. 04 16 PM

JPMorgan Chase posts Q3 net income of $5.6 billion

The biggest US bank swung to a third-quarter profit from a year-earlier loss of $380 million
Festive loan offers get tepid response
Tue, Oct 14 2014. 12 05 PM

Festive loan offers get tepid response

People seen reluctant to borrow despite banks cutting rates even as online sales drive credit card use
Central Bank of India cuts deposit rates on various maturities
Mon, Oct 13 2014. 11 31 PM

Central Bank of India cuts deposit rates on various maturities

Bank reduces deposit rates on maturities in range of 5 to 175 basis points
Look beyond net profit gains in bank quarterly results
Mon, Oct 13 2014. 02 02 AM

Look beyond net profit gains in bank quarterly results

A sharp increase in profit when non-food bank credit growth is near a decadal low should be viewed with suspicion
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