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EY begins forensic audit at Uco Bank
Thu, Aug 28 2014. 12 17 AM

EY begins forensic audit at Uco Bank

As news of the forensic audit spread, Uco Bank’s shares fell Rs8.10 or 8.24% on BSE to Rs90.25 each
Corporate governance and NPAs
Wed, Aug 27 2014. 11 49 PM

Corporate governance and NPAs

There are no easy solutions to the problem of poor corporate governance in public sector banks, and the level of NPAs it is reflected in
Narendra Modi to unveil mobile banking facility for basic cell phones on 28 August
Wed, Aug 27 2014. 11 27 PM

Narendra Modi to unveil mobile banking facility for basic cell phones on 28 August

Mobile banking facility to be launched with financial inclusion plan, PM’s Jan Dhan Yojana
RBI eases some restrictions on ECBs
Wed, Aug 27 2014. 08 24 PM

RBI eases some restrictions on ECBs

Firms who seek to extend maturity of their existing ECBs by planning a new borrowing from abroad can do so directly without seeking the central bank’s approval
Banks may tighten loan approval process after Syndicate Bank case
Wed, Aug 27 2014. 10 41 AM

Banks may tighten loan approval process after Syndicate Bank case

Banks in India are wary of a potential regulatory clampdown, leading to stricter checks that may slow credit approvals
Jan Dhan Yojana targets 1 crore bank accounts on day 1
Tue, Aug 26 2014. 08 18 PM

Jan Dhan Yojana targets 1 crore bank accounts on day 1

As many as 76 mega functions are being organised at different places to mark the launch of the scheme
Power, banking shares fall as SC order on coal block allocations stokes up concerns
Tue, Aug 26 2014. 07 09 PM

Power, banking shares fall as SC order on coal block allocations stokes up concerns

Analysts fear banks that have exposure to metals and power companies may see their bad loans rise
RBI cautions states against debt-waiver schemes
Mon, Aug 25 2014. 10 38 PM

RBI cautions states against debt-waiver schemes

RBI governor Raghuram Rajan says debt-waiver schemes have an adverse impact on the financial health of the banks
Only 10 free ATM transactions per month
Mon, Aug 25 2014. 07 37 PM

Only 10 free ATM transactions per month

It’s only 8, if you stay in one of the 6 metros. Crossing the limit could cost you up to Rs.20 per use
The murky world of suitcase banking
Mon, Aug 25 2014. 05 41 PM

The murky world of suitcase banking

Early this month, when CBI arrested a broker in Delhi for alleged involvement in paying the Syndicate Bank chairman Rs.50 lakh to approve a loan, another broker in Mumbai celebrated the arrest

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