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2012-05-23 01:32:00
A cashier counts currency notes as customers wait inside a bank in HyderabadSince the beginning of this year, banks have been lowering interest rates for home loan borrowers. Union Bank of India (UBI) set the mood for a rate cut in January with a 10-basis-point (bp) reduction
2012-05-22 01:41:00

Banks are to use the hard bargain they drove to recast debt worth Rs 35,000 crore of Rajasthan state power distribution companies (discoms) as a framework to negotiate terms with financially weak

2012-05-17 01:10:00

The Bombay Stock Exchange (BSE) Bankex has been butchered in the past month (down 12 per cent), more so over the past week (seven per cent). Though the broader markets have come under selling

2012-05-16 09:41:00

As Haryana is poised for a record rabi production in wheat this year, efforts should be made to ensure that the good inflow of cash to the farmers is leveraged to create a long-term financial

2012-05-16 09:40:00

Banks in Punjab have covered all the 1,576 unbanked villages by the end of 2011-12 financial year by opening 71 brick-and-mortar branches, 104 ultra-small branches, 1,377 through ICT-based BC model

2012-05-09 13:20:00
PNBShares in Punjab National Bank fall 2.5 percent to its lowest level since early January after reporting a rise in non-performing assets in its Jan-March earnings. Net interest income at 33.1
2012-04-29 00:10:00
SWAWS Credit Corporation has become the second microfinance institution whose loan recast proposal has been admitted in the corporate debt restructuring (CDR) cell this calendar year.
2012-04-11 01:40:00

India Factoring & Finance Solutions Pvt Ltd, a joint venture of the state-owned Punjab National Bank (PNB), along with Malta-based FIM Bank Group, Italy- based Banca IFIS, and Blend Financial

2012-04-05 01:21:00

The finance ministry has barred government-controlled banks from investing in joint ventures and non-core activities on the ground that capital should only be deployed in ‘core’

2012-04-03 01:00:00
A 7-yr legal tussle over Haldia Petrochemicals looked close to being resolved. But when Mamata Banerjee upped the ante, it was back to square one for investor Purnendu Chatterjee
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