The widely criticised monetary belt-tightening, experts say, is here to stay, flying in the face of a desperately growth-seeking FM and Ind...

He further said that there would be mistakes, but if the weight of clean actions builds up, the suspicion that pervades in the society will...

Earlier this year an official from CBI had said that lenders should be questioned for the rise in stress loans which had unnerved several b...

Country's largest bank SBI today said it will be raising up to Rs 5,000 crore through bonds (debt) by the fiscal end.

Chidambaram told the lenders to deal firmly with wilful defaulters, but handhold those who are reeling under the impact of the economic slo...

Very soon, bank account holders will be able to access their accounts, transfer funds, check balances and request cheque books by simply pu...

Stating some consolidation in the banking system was inevitable, FM P Chidambaram said India must have two or three world size banks.

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.

At present, among long-term loans, a bulk of the home loans and many loans to infrastructure projects are on a floating rate basis.

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.

In an interview with ET Now, M Narendra, CMD, IOB, talks about company's performance. Excerpts:

Apart from the MTN issue, UBI is also expecting Rs 1,200 crore capital infusion from the government in the next three to four months, Nair ...

Reserve Bank of India Deputy Governor, K C Chakrabarty on Monday said Indian banking system may increasingly face the problem of staff- att...

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 ...

The government plans to introduce a single FDI document by end-fiscal and is currently discussing the various modalities, Commerce and Indu...

Centre will be cautious in withdrawing the fiscal stimulus packages given to key-sectors and will do so only after ensuring growth is susta...

The Reserve Bank of India (RBI) on Saturday said it would introduce a second round of Liquidity Adjustment Facility (SLAF) from Monday to f...