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IBA suggests tougher norms for safe cash transport to ATMs
Thu, Oct 23 2014. 12 20 AM

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
Mint50: UTI Equity
Wed, Oct 22 2014. 06 11 PM

Mint50: UTI Equity

High allocation to information technology, healthcare and banking sectors have worked
Banking shares rise for a third day
Tue, Oct 21 2014. 12 46 PM

Banking shares rise for a third day

Shares rally on hopes that RBI may cut interest rates in the near future
Maximising financial inclusion
Mon, Oct 20 2014. 11 27 PM

Maximising financial inclusion

With increase in financial inclusion and digitalization of banking, requirement of cash in the economy will reduce
Andhra Bank targets Rs3 trillion business by March 2015
Mon, Oct 20 2014. 12 48 AM

Andhra Bank targets Rs3 trillion business by March 2015

The bank presently has a business volume of Rs2.66 trillion
Microfinance: To hell and back
Sun, Oct 19 2014. 11 44 PM

Microfinance: To hell and back

In a nation where half the population isn’t served by formal banking system, microfinance industry acquired a halo in the early part of last decade. And then, Andhra Pradesh crisis happened
Canara Bank to raise up to Rs85 crore through share sale
Sun, Oct 19 2014. 10 05 PM

Canara Bank to raise up to Rs85 crore through share sale

The bank got approval from the government to raise up to Rs80 crore with an option to raise an additional Rs5 crore
Axis Bank Q2 profit rises by 18.2%
Sat, Oct 18 2014. 12 42 AM

Axis Bank Q2 profit rises by 18.2%

A 20% jump in net interest income propels profit to Rs1,610.71 cr; net interest margin at 3.97% beats 3.88% in Q1
Rajan says in talks with govt on monetary policy framework
Thu, Oct 16 2014. 04 34 PM

Rajan says in talks with govt on monetary policy framework

Calling the relationship between govt and RBI “cordial”, Ranjan says talks include setting objectives for the central bank
Citigroup pulls out of consumer banking in 11 countries, profit jumps
Wed, Oct 15 2014. 09 08 AM

Citigroup pulls out of consumer banking in 11 countries, profit jumps

The latest exits were the result of studies the bank began in early 2012 to figure out which countries were not profitable enough for retail banking

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