Government would defend banks if lending decisions go wrong: Finance minister P ChidambaramEarlier this year an official from CBI had said that lenders should be questioned for the rise in stress loans which had unnerved several b...
15 Nov, 2013, 06.11 PM IST
Don't treat all decisions as malicious: Finance Minister to probe agencies"No business can survive and person can take a decision if every decision is questioned as motivated or malicious," FM P Chidambaram said.
15 Nov, 2013, 02.08 PM IST
RBI plans to roll out gold-linked products to promote gold investmentGokarn said RBI could consider modified gold deposit schemes, gold-linked accounts, gold accumulation plans and gold pension plans.
26 Nov, 2012, 05.04 AM IST
Aadhar-based cash transfer to start in five districts of MaharashtraChief Minister Prithviraj Chavan today said here that Maharashtra will be implementing the Aadhar-based direct cash transfer project.
24 Nov, 2012, 08.47 PM IST
8 pc growth rate of GDP is imperative for two decades: Finance Minister P ChidambaramFinance Minister P Chidambaram expects the Indian economy to have grown 5.5 pc in the second quarter of the current financial year.
24 Nov, 2012, 01.35 PM IST
- Government to help SBI raise Rs 8000 crore to meet 8% core capital requirement
Govt support will come via dilution of holding or direct infusion of capital and the bank is likely to get funds by March next year.
07 Nov, 2011, 09.25 AM IST
- Fixed rates are better for long-term loans: RBI deputy governor Anand Sinha
At present, among long-term loans, a bulk of the home loans and many loans to infrastructure projects are on a floating rate basis.
07 Nov, 2011, 01.20 AM IST
- Govt to inject Rs 4,000 crore in SBI
The government has committed to infuse Rs 4,000 crore in State Bank of India, said a top official of India’s largest lender on Saturday.
06 Nov, 2011, 12.34 AM IST
- Strike will damage customer confidence: SBI Chairman
State Bank of India today termed the strike called by its officers for November 8 and 9 as unfortunate and said that it would damage the cu...
05 Nov, 2011, 04.53 PM IST
- Strengthen corporate governance: RBI to banks
The Reserve Bank of India today cautioned banks that it will have to step in if they did not strengthen their corporate governance.
04 Nov, 2011, 10.45 PM IST
- Target to double bad loan recoveries this fiscal: M Narendra, CMD, IOB
In an interview with ET Now, M Narendra, CMD, IOB, talks about company's performance. Excerpts:
31 Oct, 2011, 01.22 PM IST
- Subsidiary route for foreign bank expansion not perfect: RBI
RBI said that even though it prefers the subsidiary route for foreign banks doing business here, it is not a surefire way to insulate the e...
03 Dec, 2010, 08.03 PM IST
- SBI to hire 27,000 staff this year; to open 1,000 more branches
As part of its strategy of enhance rural operations, SBI plans to deploy 2,000 POs in rural areas. 10 New Year resolutions for job seekers ...
12 Jan, 2010, 04.34 PM IST
- Attrition in banking industry may rise in future: RBI
Reserve Bank of India Deputy Governor, K C Chakrabarty on Monday said Indian banking system may increasingly face the problem of staff- att...
11 Jan, 2010, 08.17 PM IST
- SBI chief says interest rates may go up if RBI tightens policy
State Bank of India's Chairman OP Bhatt on Monday said that interest rates are likely to go up in the coming months if the Reserve Bank of ...
11 Jan, 2010, 05.51 PM IST
- Single FDI document by end-fiscal: Sharma
The government plans to introduce a single FDI document by end-fiscal and is currently discussing the various modalities, Commerce and Indu...
11 Jan, 2010, 05.47 PM IST
- 'Stimulus roll-back only after ensuring sustainable growth'
Centre will be cautious in withdrawing the fiscal stimulus packages given to key-sectors and will do so only after ensuring growth is susta...
11 Jan, 2010, 04.26 PM IST