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This SBI Account Has No Minimum Balance Charges But Offers Same Interest Rate
  Customers of these accounts are allowed to do only four free withdrawals in a month.    Read  
  By: GK Gupta Place: New Delhi22 Sep 2017Indian Banking::View 
Bank of India mulling merger, says CEO
  To focus on strengthening systems and processes before exploring consolidation    Read  
  By: GK Gupta Place: Kolkata19 Sep 2017Indian Banking::View 
SBI reviewing minimum balance charges for savings accounts
  As per the list of revised charges of SBI, failure to maintain monthly average balance in accounts will attract penalty of up to Rs 100 plus goods and services ..    Read  
  By: GK Gupta (ET)Place: Mumbai18 Sep 2017Indian Banking::View 
Total stressed loans in banking unlikely to increase significantly: Crisil
  The Standard & Poors owned rating agency estimates stressed assets in the banking system to be around Rs 11.5 lakh crore.    Read  
  By: GK Gupta (ET)Place: Chandigarh15 Sep 2017Indian Banking::View 
Banks shy away from companies facing NCLT action
  IBC allows resolution professionals to raise 'interim finance' during resolution process.    Read  
  By: GK Gupta (ET)Place: Chandigarh14 Sep 2017Indian Banking::View 
Banks need $65 bn additional capital to meet Basel III norms: Fitch
  State-owned banks - which account for 95 per cent of the estimated shortage - have limited options to raise the capital they still require.    Read  
  By: GK Gupta (ET)Place: Chandigarh13 Sep 2017Indian Banking::View 
Capitalisation bonds may be floated to support PSBs
  Bonds aimed at helping weaker lenders that are finding it hard to raise money from market.    Read  
  By: GK Gupta (ET)Place: Chandigarh13 Sep 2017Indian Banking::View 
BS GST Round Table 2017: Slabs for taxes may be reduced to three in 2-3 yrs
  The slabs under the goods and services tax (GST) regime may be reduced to just three from the current four over the next two to three years as the new tax syste..    Read  
  By: GK Gupta(Source :BS)Place: Chandigarh13 Sep 2017Indian Banking::AppointmentsView 
UIDAI extends deadline for banks to set up enrollment centres
  A bank with 100 branches will need to have Aadhaar enrolment facility in 10 branches.    Read  
  By: GK Gupta (ET)Place: Chandigarh06 Sep 2017Indian Banking::View 
Fintech helps banks disburse more loans
  Personal loans grew the most at 35.7 per cent followed by credit card outstanding at over 32.5 per cent.    Read  
  By: GK GUPTA(ET)Place: Chandigarh04 Sep 2017Indian Banking::View 
SBI cuts deposit rates; PPF to fetch lower interest rate. What should you do?
  Interest rates are on a downhill for quite some time now. State Bank of India the biggest lender, has slashed its one to two year deposit rates further by up to..    Read  
  By: GK GUPTAPlace: Chandigarh04 Sep 2017Indian Banking::View 
Global rating agency Moody's today gave a stable outlook to the country's banking system due to the
  The 15 banks rated by Moody's in the country together account for about 70 per cent of assets in the system.    Read  
  By: GK Gupta (ET)Place: Chandigarh01 Sep 2017Indian Banking::View 
Public sector banks take recovery action against 5,954 wilful defaulters
  Public sector banks have taken loan recovery action under Sarfaesi law against 5,954 wilful defaulters owing about Rs70,000 crore to the lenders. At the end of..    Read  
  By: GK GuptaPlace: Chandigarh29 Aug 2017Indian Banking::View 
Banks may face a big hit on insolvency provisioning norms
  VNR Infrastructures and Innoventive IndustriesBSE -4.55 %' valuations at the bankruptcy courts is just about 10% of the total loan amounts, making analysts ques..    Read  
  By: GK GuptaPlace: Chandigarh27 Aug 2017Indian Banking::View 
Cabinet agrees to merge PSU banks after SBI consolidation, appoints panel to supervise
  The Union Cabinet has approved the framework for merging state-owned banks. Plans are to consolidate a total of 21 public sector banks, with the details of thes..    Read  
  By: GK GuptaPlace: Chandigarh25 Aug 2017Indian Banking::View 
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