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PNB chief K.R. Kamath does not get extension, demits office
Tue, Oct 28 2014. 09 30 PM

PNB chief K.R. Kamath does not get extension, demits office

Kamath says he has not heard from the government yet on any future assignment
India’s plan to grant new bank licences to companies poses risks: S&P
Tue, Oct 28 2014. 05 58 PM

India’s plan to grant new bank licences to companies poses risks: S&P

S&P highlighted the risks from a prolonged weakness in Indian banks’ asset quality, which could hurt economic recovery
Capital flows into India becoming slower and turning riskier
Tue, Oct 28 2014. 05 51 PM

Capital flows into India becoming slower and turning riskier

Foreign portfolio investments into India seem to be ebbing and tilting towards debt, raising macroeconomic and financial stability risks
Bank employees to go on strike on 12 November
Tue, Oct 28 2014. 05 46 PM

Bank employees to go on strike on 12 November

According to Association officials, Indian Banks’ Association offered only a 11.5% increase in hike compared to 17.5% offered in 2011-12
Govt to change how bank chiefs are chosen
Tue, Oct 28 2014. 01 36 AM

Govt to change how bank chiefs are chosen

Existing vacancies to be filled through new process; bankers and analysts say RBI may have a stronger role
Banks step up restructuring of stressed assets
Mon, Oct 27 2014. 10 55 PM

Banks step up restructuring of stressed assets

Fourteen cases worth Rs.13,300 cr were referred to corporate debt restructuring cell in the September quarter against two cases worth Rs.2,854 cr in Q1
IBA suggests tougher norms for safe cash transport to ATMs
Mon, Oct 27 2014. 03 33 PM

IBA suggests tougher norms for safe cash transport to ATMs

The cash replenishment agencies are unhappy with some of the norms as they increase the firms’ overheads
Twenty-five banks fail ECB stress test, need to raise €25 billion
Mon, Oct 27 2014. 01 38 AM

Twenty-five banks fail ECB stress test, need to raise €25 billion

Of the 25 banks that failed the assessment, 12 have already covered their shortfalls in the year to 30 September, the central bank said
New challenges for new-look RBI
Mon, Oct 27 2014. 01 01 AM

New challenges for new-look RBI

The Reserve Bank of India is restructuring itself without the distracting noise of newspaper headlines
The credit-deposit ratio conundrum
Mon, Oct 27 2014. 12 10 AM

The credit-deposit ratio conundrum

Why hasn’t the persistent slowdown in economic growth led to lower credit-deposit ratios?
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