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SBI aims for 25% deposit growth in 2013-14 fiscal

May 20, 2013 at 13:17 | Source: Economic Times

KOLKATA: State Bank of India is projecting a deposit growth of 25 per cent during the current fiscal compared to 14.85 per cent in 2012-13. "We are seeing a very good growth in deposits. We are looking at 25 per cent growth in deposits in the curren...

Reserve Bank of India should be regulator for home loans: SBI

May 20, 2013 at 12:51 | Source: Business Today

The Reserve Bank of India (RBI) should be the regulator for all home loans provided by banks or housing finance companies (HFCs), the State Bank of India (SBI) has suggested.Currently, RBI regulates home loans provided by all commercial banks while ...

Restructuring pressure to continue for SBI in Q4

May 20, 2013 at 12:51 | Source: Economic Times

State Bank of India could see a significant rise in its restructured assets for the fourth quarter. The country's largest bank is due to announce its fourth quarter results on Thursday, May 23, 2013. According to sources, SBI could see restructuring ...

Cobrapost: Co-operative banks get clean chit from Nabard

May 20, 2013 at 08:47 | Source: FirstPost

Mumbai: Amid allegations of co-operative banks being used as conduits for money laundering, NABARD, which jointly regulates such lenders, has said that it has found no shortcoming pointing towards any such activity."Every year we do an inspectio...

Profit-booking seen ahead, but FIIs may limit market slide

May 20, 2013 at 07:06 | Source: Economic Times

MUMBAI: Markets could witness a spell of profit-booking this week after having run up to their highest levels in two-and-a half years. However, with foreign investors likely to continue buying shares, any downside will be limited, said market partic...

Should market stay cool to rating downgrade threat?

May 19, 2013 at 21:22 | Source: The Hindu BusinessLine

May 19, 2013: Market participants last week brushed aside Standard Poor’s downgrade threat on India. The rating agency – despite Finance Minister P. Chidambaram’s repeated assurances to foreign investors (in his recent visits to va...

SBI eyes 25 per cent deposit growth in FY14

May 19, 2013 at 20:00 | Source: NDTV Profit

Kolkata: State Bank of India (SBI) is projecting a 25 per cent deposit growth during the current fiscal year compared to 14.85 per cent in 2012-13. "We are seeing a very good growth in deposits. We are looking at 25 per cent growth in deposi...

Cobrapost: NABARD chief gives clean chit to co-operative banks

May 19, 2013 at 16:27 | Source: FirstPost

Mumbai: Amid allegations of co-operative banks being used as conduits for money laundering, NABARD, which jointly regulates such lenders, has said that it has found no shortcoming pointing towards any such activity."Every year we do an inspectio...

Cobrapost: NABARD chief gives clean chit to co-operative banks

May 19, 2013 at 14:26 | Source: DNA India

Amid allegations of co-operative banks being used as conduits for money laundering, NABARD, which jointly regulates such lenders, has said that it has found no shortcoming pointing towards any such activity. Every year we do an inspection and we hav...

SBI aims for 25% deposit growth in 2013-14 fiscal

May 19, 2013 at 12:35 | Source: DNA India

State Bank of India is projecting a deposit growth of 25% during the current fiscal compared to 14.85% in 2012-13. We are seeing a very good growth in deposits. We are looking at 25 per cent growth in deposits in the current fiscal. We have not yet ...

RBI should become sole regulator for home loans

May 19, 2013 at 09:32 | Source: Financial Express

The State Bank of India on Saturday suggested that the Reserve Bank of India should be the regulator for all home loans provided by banks or housing finance companies. �I see no justification for having a separate regulator for home loans,� Stat...

India Infoline set to seek bank licence

May 19, 2013 at 05:41 | Source: DNA India

The Reserve Bank of India s (RBI) scepticism about brokerages seeking to be full-fledged banks notwithstanding, India Infoline says it will be applying for a banking licence soon. The RBI had, in its draft guidelines, barred companies with exposure ...

State Bank of India suggests RBI as single regulator for all home loans

May 19, 2013 at 05:37 | Source: Financial Express

The State Bank of India today suggested that the (RBI) Reserve Bank of India should be the regulator for all home loans provided by banks or housing finance companies. "I see no justification for having a separate regulator for home loans. Perhaps t...

RBI or SEBI should create awareness against ponzi schemes: SBI

May 19, 2013 at 05:37 | Source: Financial Express

In the backdrop of the chit fund scam, the State Bank of India today said Reserve Bank of India or Securities and Exchange Board of India should take up major campaigns to create awareness among investors being lured to ponzi schemes. "RBI...or SEBI...

RBI or SEBI should create awareness against ponzi schemes: SBI

May 19, 2013 at 05:37 | Source: The Hindu BusinessLine

Kolkata, May 18: In the backdrop of the chit fund scam, the State Bank of India today said Reserve Bank of India or Securities and Exchange Board of India should take up major campaigns to create awareness among investors being lured to ponzi scheme...

Overseas business margins under pressure: SBI

May 19, 2013 at 04:17 | Source: Economic Times

KOLKATA: Country's largest banker, State Bank of India, today said it would review returns from its foreign and domestic business after margins overseas came under pressure. "Overseas business margins are under pressure. My sense is domestic RoE (re...

RBI or SEBI should create awareness against ponzi schemes: SBI

May 19, 2013 at 04:17 | Source: Economic Times

KOLKATA: In the backdrop of the chit fund scam, the State Bank of India today said Reserve Bank of India or Securities and Exchange Board of India should take up major campaigns to create awareness among investors being lured to ponzi schemes. "RBI....

SBI wants one regulator for all lenders

May 19, 2013 at 02:57 | Source: Calcutta Telegraph News

Calcutta, May 18: The State Bank of India today urged the Reserve Bank of India to act as a uniform regulator for all lending agencies, particularly the housing finance companies against whom the bank is competing for retail customers in the home lo...

Bankers call for more awareness campaigns on ponzi schemes

May 19, 2013 at 00:16 | Source: The Hindu BusinessLine

Kolkata, May 18: Financial literacy and investor awareness campaigns need to be initiated to caution depositors from investing in schemes floated by shady companies, according to senior bank officials. In the wake of the crumbling of the the multi-c...

RBI or SEBI should create awareness against ponzi schemes: SBI

May 18, 2013 at 22:56 | Source: DNA India

In the backdrop of the chit fund scam, the State Bank of India on Saturday said Reserve Bank of India or Securities and Exchange Board of India should take up major campaigns to create awareness among investors being lured to ponzi schemes. RBI...or...

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