Improvement in banks' asset quality to take time: S&P
Improvement in the asset quality of Indian banks and growth in credit offtake is likely to take more time as the problems in mining and infrastructure sector are yet to be resolved, global rating agency S&P said on Wednesday.
Mar 18, 2015, 15:39 PM IST
Banks to wait till Apr 7 before cutting rates: BoI
State-owned BoI Wednesday said banks will wait till the next bi-monthly monetary policy review of the RBI on April 7 before cutting interest rates.
Mar 11, 2015, 16:04 PM IST
RBI modifies reporting norms for rep offices of foreign banks
The RBI on Wednesday modified reporting norms for Representative Offices (ROs) of foreign banks in the country and asked them provide details of top clients introduced to the parent bank, among others.
Dec 31, 2014, 19:59 PM IST
Banks need $200 billion capital in next 5 years: Fitch
Indian banks will need USD 200 billion additional capital over the next five years to meet Basel III capital adequacy norms and the demand for funds as growth picks up, Fitch Ratings said on Thursday.
Oct 02, 2014, 16:02 PM IST
S&P's outlook upgrade reflects our inherent strengths: SBI
State Bank of India (SBI) on Saturday said international rating firm Standard and Poor's decision to upgrade its outlook to 'stable' from 'negative' reflects the top government lender's inherent strengths.
Sep 27, 2014, 20:11 PM IST
AirAsia eyes entry into card loyalty prog with Indian banks
Eyeing an entry into the country's card loyalty programme segment, AirAsia on Tuesday said it is in discussion with banks to expand its regional reach.
Sep 23, 2014, 18:21 PM IST
Indian banks, securities firms to spend Rs 47000 cr on IT
The predicted expenditure includes spend on internal IT (largely personnel), hardware, software, external IT services and telecommunications.
Aug 06, 2014, 19:51 PM IST
Large number of banks can co-exist with few big ones: Kochhar
As new players get ready to join India's banking space, top banker Chanda Kochhar feels there is space for a few large banks and a large number of other lenders to cater to the country's banking needs.
Jul 15, 2014, 17:18 PM IST
