9.29 pm | 19 Jun 2013 |  Source: PTI

The Tourism Finance Corporation of India Ltd (TFCI) on Wednesday said the board has approved a proposal to seek licence from RBI for setting up a bank...

5.28 pm | 13 Jun 2013 |  Source: Moneycontrol.com

The non-food credit or the amount banks lend to individuals and companies rose at a slower pace by 14.30 percent year-on-year to around Rs 52.61 lakh ...

5.29 pm | 10 Jun 2013 |  Source: Moneycontrol.com

The Reserve Bank of India (RBI) on Monday slapped Rs 1 - 5 crore fine on three large private sector lenders - ICICI Bank, HDFC Bank and Axis Bank for ...

10.34 pm | 30 May 2013 |  Source: Moneycontrol.com

RBI increased the provision on new restructured standard loans to 5 percent with effect from June 1, 2013 as against the existing 2.75 percent. For th...

6.25 pm | 29 May 2013 |  Source: Moneycontrol.com

The non-food credit expanded 14.65 percent year-on-year to around Rs 52.10 lakh crore in the fortnight ended May 17, 2013. Deposits grew 13 percent to...

9.04 pm | 28 May 2013 |  Source: Moneycontrol.com

A universe of 22 companies of diversified nature in the BSE 500 index is likely to default on their debt obligations estimated around Rs 1.27 lakh cro...

8.18 pm | 28 May 2013 |  Source: PTI

ICICI Bank, Axis Bank and HDFC Banks have been issued notices in connection with alleged money laundering charges levelled by online portal Cobrapost....

6.13 pm | 27 May 2013 |  Source: Moneycontrol.com

Banks are not passing the rate cut benefits even after RBI slashed 75 basis points in the policy or repo rate. Experts believe, lenders will transmit...

8.17 pm | 24 May 2013 |  Source: Moneycontrol.com

Net non-performing assets or bad loans of 39 listed banks inched up just 0.8 percent or Rs 750 crore in the fourth quarter of 2012-13 according to a s...

9.23 am | 22 May 2013 |  Source: Moneycontrol.com

Phishing mails are a cause of concern for all including customers, banks and RBI. The central bank has embarked on a slew of measures. Bank too are do...

10.09 pm | 14 May 2013 |  Source: Moneycontrol.com

Cobrapost expose on alleged money laundering cases has no doubt brought many things to public notice. However, there is a need to delve deep into read...

12.04 pm | 13 May 2013 |  Source: Moneycontrol.com

Despite the easing of interest rates by Reserve Bank of India, the weighted average lending rates of banks have declined by less than 0.5 percent, acc...