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SBI cuts fixed deposit rates by up to 1 percent - 05 Sep 2012
New Delhi, Sep 5 (IANS) The country's largest lender State Bank of India (SBI... categories, the reduction in interest rates will be 0.5 percent. "State Bank of India has decided to revise downwards its retail term deposit rates with effect

SBI announces to cut Fixed Deposits rate by 0.5 to 1 pc; others may follow - 05 Sep 2012
Country's largest lender the State Bank of India (SBI) Wednesday announced to cut it's fixed term deposit rates by half to one percent per annum depending upon... categories, the reduction in interest rates will be 0.5 percent. "State Bank

PNB hikes interest rate on fixed deposit by 0.25 percent - 02 Aug 2012
Mumbai, Aug 2 (IANS) The government-run Punjab National Bank Thursday hiked interest rates on term deposit of one year period by 0.25 percent to 9 percent for both domestic and external rupee accounts."Punjab National Bank has decided

Banks hike foreign currency deposit rates - 18 Sep 2008
such as State Bank of India (SBI), Punjab National Bank (PNB) and HDFC bank have hiked the foreign currency deposit rates following Reserve Bank of India, India’s Central Bank that has eased the upper ceiling of foreign deposit rate by 0.50

SBI hikes PLR by 1%, deposit rates by 0.25-0.75% - 12 Aug 2008
India’s largest bank, the State Bank of India (SBI) on Monday has... to hike deposit rates on fixed deposits (FDs) ranging 0.25%-0.75% according to deposit terms. Releasing a statement, the PSUs bank icon has raised the PLR, which

RBI hikes Repo Rates by 0.25 percent, deregulates savings bank deposit rates - 25 Oct 2011
Mumbai, Oct.25 (ANI): The Reserve Bank of India (RBI) on Tuesday announced that it would be deregulating the savings bank deposit interest rate with immediate... deposit interest rate, subject to two conditions.  Each bank will have

SBI slashes deposit rates by 50 basis points - 14 May 2009
Mumbai, May 13 (IANS) State Bank of India (SBI), the country's largest lender, slashed deposit rates by 50 basis points on various maturities Wednesday. ....    This is the third downward revision of deposit rates in two months

SBI slashes deposit rates by 25 basis points - 02 May 2009
Mumbai, May 2 (IANS) The country's largest lender State Bank of India Saturday said it has cut deposit rates by 25 basis points (bps) effective from Monday. The new interest rate, for a deposit of 15-45 days, will be 3.75 percent

Repo rate hike pushes up bank deposit and debt rate - 17 Jun 2008
Bank of India (UBI) on Monday announced to hike the domestic term deposit rates... announced to hike the deposit rates as well as PLRs both. It became the first bank to hike the deposit rates while in terms of hike in PLR, it was the second bank after

SBI revises deposit rates - 06 Aug 2007
deposits while hikes the rates in long-term deposits. State Bank of India has... Untitled Document Aug 06: State Bank of India has announced today... after the declaration of RBI on July 31 in which Reserve Bank of India has hiked

Allahabad Bank hikes deposit rates by up to 1.2 percent - 04 Nov 2013
. The bank, however, did not announce any change in lending rates. The public sector bank's decision to hike term deposit rates came days after the Reserve Bank...New Delhi, Nov 4 (IANS) The government-run lender Allahabad Bank said it has

Devotees deposit handwritten chants at a unique bank in Varanasi - 03 Aug 2011
of a unique bank, where devotees deposit their prayers dedicated to Lord Shiva. ... to the devotees by the bank. "You just need to take a notebook and become a member of this religious bank. There is no fee to open an account; one has

Deposit Rs.10,000 crore, apex court tells Sahara - 26 Mar 2014
Subrata Roy to deposit Rs.10,000 crore with the market regulator SEBI for his... crore Sahara will furnish a bank guarantee of a nationalised bank favouring... be released to the Securities and Board Exchange of India (SEBI) after Sahara

Cooperative bank offers 24-hour cash deposit facility - 10 May 2012
Panaji, May 10 (IANS) Thane Janata Sahakari Bank (TJSB), a cooperative bank, will soon offer customers the facility to deposit cash 24 hours a day at four branches in Maharashtra and Goa. The bank is also opening branch offices in Gujarat

Improve credit-deposit ratio in Kashmir, banks urged - 16 Dec 2013
in letter and spirit.Hailing the local J&K Bank, State Bank of India and HDFC...Jammu, Dec 16 (IANS) The credit-deposit ratio in Jammu and Kashmir is far below the national average, state Finance Minister Abdul Rahim Rather said Monday

PIL seeks clampdown on unauthorised deposit schemes - 19 Nov 2013
is being taken."The PIL urged the court to direct the Reserve Bank of India... and illegal deposit schemes including collective investment schemes... of Enforcement."It seems to be a problem in all the states, all over India

Deposit Rs.10,000 crore for Subrata's release: SC to Sahara - 19 May 2014
SIRECL and SHICL to deposit Rs.10,000 crore of investors' money to secure... of India (SEBI) for its response.Counsel Rajiv Dhawan, appearing for the two... payment of investors' Rs.24,000 crore that its two companies Sahara India Real

SBI lowers deposit rates by 0.25 percent - 07 Jun 2012
Mumbai, June 7 (IANS) The country's largest lender State Bank of India (SBI...."The bank has decided to revise its Retail Term Deposit interest rates... by the central bank in March. Reduction in deposit rates give an indication that the bank

Deposit blankets, earn blessings at this unique bank - 12 Nov 2008
Lucknow, Nov 12 (IANS) Here comes a bank that allows you to earn blessings as interest on every deposit made. Set up by a non-profit organisation Tornos Foundation, the 'Blanket Bank' is an innovative effort to serve the needy during

EU ministers agree to increase bank deposit guarantees - 02 Dec 2008
to raise the minimum level of bank deposit guarantees for their citizens, from... the pay-out period in the event of a bank going bankrupt will be reduced, from three... to limit inter-bank exposures and to force banks to set aside a certain percentage

Indian community will be rewarded for being 'fixed deposit' in Malaysian ruling party, says PM - 10 Dec 2012
given the 'interest rates' due to them."They had been our fixed deposit' all this while but we have not been paying high interest ... maybe our interest rates were... Razak has admitted that the Indian community has been a long-time 'fixed deposit

Tribunal tells Airbus to deposit Rs 192 crore in Kingfisher - 18 Oct 2016
a decade ago.The consortium includes state-run Oriental Bank of Commerce, Corporation Bank and United Bank of India.Though Airbus and Kingfisher signed the purchase... aerospace major Airbus Industries to deposit Rs 192.5 crore with it in eight weeks

Syndicate Bank to cut deposit rate by 50 basis points - 05 Nov 2008
Kolkata, Nov 5 (IANS) Syndicate Bank will cut its deposit rate by 50 basis... our deposit rate by 50 basis points on one year deposit from Dec 1,' said bank...;The bank is also looking at a deposit and loan growth of 20 percent in the current

Mukherjee to take stock of bank's performance on Credit Deposit Ratio - 14 Jun 2010
and improving bank credit flow to farmers. Credit Deposit Ratio is the proportion... public sector banks chiefs in Patna on Monday and take stock of bank's performance on the Credit Deposit Ratio. Chief Ministers of a few states, who have been

Coir Board joined hands with State Bank of India - 01 Jan 2008
Board with the cooperation of Banks. The State Bank of India (SBI) has expressed.... The Board will deposit the grant portion of Rs.2,00,000 with the Bank. By Juhan... was signed by M Kumararaja, Secretary on behalf of Coir Board, Government of India

Central Bank to open more branches in Himachal - 24 Apr 2013
Shimla, April 24 (IANS) Central Bank of India would open more branches... to increase the credit-deposit ratio, chairman of the bank M.V. Tanksale said here.... Currently, the bank has 48 branches in the state with a market share of 3.91 percent

ICICI Bank opens 101 rural branches - 13 Dec 2012
districts. With these, the bank's network in the state has grown to 504 branches," he... branches will offer services such as savings bank account, fixed and recurring deposit, remittances, kisan credit cards and tractor loans.The bank had Wednesday

Banks lower interest rates taking cues from RBI policy - 19 Apr 2012
National Bank Thursday announced cut in both lending and deposit rates, just two days after the Reserve Bank of India lowered key policy rates. The move will make... ICICI Bank said it will lower base rate and deposit rates by 0.25 percent

ED freezes Rs.822 crore-worth fixed deposits of Satyam Computers - 18 Oct 2012
orders freezing the fixed deposits of SSCL with Andhra Bank, Bank of Baroda, IDBI... crore worth of fixed deposits of Satyam Computer Services Limited, now Mahindra.... Ramalinga Raju and others.The fixed deposits have been attached

Tribunal tells Airbus to deposit Rs 192 crore in Kingfisher case (Lead, superceding previous story - 18 Oct 2016
a decade ago.The consortium includes state-run Oriental Bank of Commerce, Corporation Bank and United Bank of India.Though Airbus and Kingfisher signed the purchase... major Airbus Industries to deposit Rs 192.5 crore with it in eight weeks towards

Airtel, Axis Bank join hands for mobile banking - 16 May 2012
subsidiary, Airtel mCommerce Services, and Axis Bank have partnered to offer banking and payment services, especially to India's unbanked population. "No-frills savings account of Axis Bank will be opened for customers on the Airtel Money

2G case: Recording of accused's statement fixed for March 3 - 20 Jan 2014
of Telecommunication A.K. Srivastava; former Reserve Bank of India (RBI) govenor D...) spectrum case Monday fixed March 3 for recording of statement of the accused... Authority of India ex-chairman Nripendra Misra; former Indian corporate lobbyist

Yes Bank first to hike rates after RBI move - 31 Jul 2013
lender, Wednesday hiked lending and deposit rates, a day after the Reserve Bank of India (RBI) kept key policy rates unchanged and cut growth forecast.Yes Bank... tightened liquidity in the markets. Yes Bank said it will hike its deposit rates

Rs.12.5 lakh looted from executive outside Ghaziabad bank - 02 Jun 2014
supplying firm, was on his way to deposit the money in the Mohan Nagar branch of Bank... amounting to Rs.12.5 lakh from a business executive while he was on his way to deposit it in a bank, police said.The incident occurred in the Mohan Nagar area under

Country's largest bank, SBI hikes interest rates - 19 Sep 2013
Just a day ahead of the monetary policy announcement by RBI, the State Bank of India (SBI) hiked deposit and lending rates. Now the decision by the country's... percent. These two rates determine the lending rates by the bank for home, auto

PNB to slash BPLR, deposit rates by 100 bps - 27 Nov 2008
Prior to the announcement of Reserve Bank of India (RBI) on the current interest and deposit rates, the Punjab National Bank (PNB) Wednesday said to cut... balance in liquidity, it has slashed the deposit rates from 10.50% per annum

Banks to slash deposit, interest loan rates by 0.50-0.75% - 05 Nov 2008
Bank of India (SBI), Bank of Baroda (BoB), Central Bank of India (CBI) and UCO... informed that banks have also notified him to cut down the deposit rates by 50... P Chidambaram, who assured the bank chiefs to take some measurable steps

Rajasthan community to incentivise birth of girl child - 25 Nov 2012
through donations and non?government organisations."A fixed deposit account... foeticide and infanticide in Rajasthan, a local community has decided to open a bank account for every newborn girl and put Rs.5,000 in it as fixed deposit.The decision

Bulk, retail deposit interest rates would go down first: Bankers - 17 Apr 2012
Chennai, April 17 (IANS) Welcoming the Reserve Bank of India's (RBI) move... reduction in deposit rates and the lending rates. The former will precede... while taking a decision on bringing down their deposit rates, said Narendra

Accountant dupes bank of Rs.870,000 - 14 Jan 2009
Chandigarh, Jan 14 (IANS) An accountant of Union Bank of India has allegedly... not deposit the cash received from bank clients in their accounts and used to issue... of the bank in 2004, a police officer said Wednesday. A case of cheating

Delay in draft payment costs Central Bank Rs.10,000 - 13 Jun 2013
a nationalised bank Rs.10,000, which the state's top consumer commissioner has... for Rs.112,125 issued by the Central Bank of India's Pune branch... shown to us that any particular time limit is fixed for deposit of a demand draft

Bank employees booked for forgery, fraud in Gurgaon - 29 Apr 2013
crore in a fixed deposit April 22, 2008, with Kotak Mahindra's JMD Regent Square... changed the fixed deposit into life insurance."I was given a life cover of nearly... beneficiary of the "three-year fixed deposit", which was never done, was to get Rs.3.85

SBI hikes interest rates ahead of RBI policy review - 19 Sep 2013
Mumbai, Sep 19 (IANS) The State Bank of India (SBI) Thursday hiked deposit... by the Reserve Bank of India (RBI). The central bank is widely expected to keep the key policy rates on hold Friday. SBI also hiked term deposit rates. The sharpest increase

India has fixed ambitious targets to accelerate infrastructural development: PM - 15 Aug 2012
New Delhi, Aug.15 (ANI): India has set itself ambitious targets to accelerate... to accelerate infrastructure development. Ambitious targets have been fixed... to investment in India," Dr. Singh said.He further revealed that till a decade ago

TRAI cuts security deposit, registration fee of telemarketers - 03 Dec 2013
registration fees and security deposit of telemarketers with the service provider... Authority of India (TRAI) issued the Telecom Commercial Communications Customer... in the registration fee and the initial security deposit so as to motivate and provide

SC asks Sahara chief to deposit Rs.10,000 crore - 26 Mar 2014
New Delhi, March 26 (IANS) The Supreme Court Wednesday asked Sahara Group chief Subrata Roy to deposit Rs.10,000 crore with the market regulator SEBI for his... will be furnished through a bank guarantee.The court declined to water down its orders

TRAI reduces telemarketeers security deposit,registration fees - 03 Dec 2013
New Delhi, Dec.3 (ANI): The Telecom Regulatory Authority of India (TRAI) today... by reducing registration fees and the security deposit with the service... and also the security deposit with the service providers to remove the entry barrier

To monitor bank services in Tripura, Reserve Bank opens new office - 01 Jun 2011
Agartala, June 1 (ANI): The Reserve Bank of India (RBI) has set up sub office bank operations in Agartala to monitor banking services in the region better... the sub office bank recently, said: "The credit deposit ration in Tripura is half

Air India won't take Dreamliners till compensation fixed - 29 May 2012
to arrive soon in India."The American Export Import Bank (ExIm) had given loan...New Delhi, May 29 (IANS) Air India will not take delivery of the 787 Dreamliner... they are willing to offer," a senior Air India official told IANS.According

Fidelity launches its first Fixed Maturity Plan - 01 Jan 2008
Head - India, Fidelity International, said, "Fixed Maturity Plans provide...Mumbai, Aug 18 (ANI/Business Wire India): Asset Management Company, the Indian arm of Fidelity International, today announced the launch of its first Fixed

Bengal's credit-deposit ratio to surpass national average: Mitra - 17 Sep 2012
is expected to surpass the all-India average within two years, state Finance Minister... the all India average of credit-deposit ratio. It will help more credit...-deposit ratio is below the all India average. Our credit-deposit ratio stood

Tripura Gramin Bank posts profit - 21 Dec 2013
and northeastern India, in the current fiscal so far, a top bank official said here... said.According to the bank chief, the credit-deposit (CD) ratio of TGB was 41 percent."Keeping with the directives of the Reserve Bank of India (RBI), the TGB has engaged

India's Haj quota for 2014 fixed at 136,000 - 10 Feb 2014
Riyadh, Feb 10 (IANS) Saudi Arabia has said the quota of Indian pilgrims for Haj 2014 has been fixed at 136,000, which remains unchanged from the previous year... by Minister of State for External Affairs E. Ahamed that 136,000 Indian pilgrims

Ahmedabad's first co-operative bank in liquidity crisis - 14 May 2009
;The bank's liquidity has dried up with the deposit base getting completely eroded...;The bank will seek help from the Reserve Bank of India (RBI) to avoid closing down..., the depositors' investments are safe as the bank has taken insurance from Deposit

More banks follow State Bank, cut lending rates - 22 Dec 2008
New Delhi, Dec 22 (IANS) Three state-owned banks - Bank of India, Bank of Baroda and Canara Bank - took the cue from leader State Bank of India (SBI) to cut... top customers.  The three banks will also lower deposit rates from

926 bank branches to accept advance income tax - 22 Aug 2012
. The Reserve Bank of India has advised income tax assessees to take advantage... and inconveniences can be avoided at the Reserve Bank of India counters if the assessees...Mumbai, Aug 22 (IANS) In a bid to make tax filing easier, the Reserve Bank

India's central bank cuts rates to push growth - 17 Apr 2012
Mumbai, April 17 (IANS) The Reserve Bank of India (RBI) Tuesday cut some key rates by 50 basis points in a bid to push industrial growth and stimulate economy... Bank of India in the form of government securities, and instead lend

ICICI Bank launches Facebook apps 'Pocket'; allows customers to do cash transaction - 25 Sep 2013
India's largest private lender ICICI Bank Tuesday introduced an innovative... more on Facebook. Viewing the popularity of Facebook in India, ICICI Bank has.... Through this app, a customer can open fixed or recurring deposit, order a cheque

Brit govt. split over 'security deposit' rule for tourists from India, Pak, Nigeria - 17 Sep 2013
Conservative-led government's pilot project proposal of implementing a 'tourist deposit' rule, in which residents from India, Pakistan, Nigeria, Ghana, Bangladesh and Sri... targets these nations and the security deposit of 4,800 dollars would be refunded

IDBI Bank reduces interest rates on term deposits - 29 Apr 2009
largest bank, State Bank of India, had cut deposit rates by 25 basis points...New Delhi, April 29 (IANS) Taking a cue from the State Bank of India, the state-run IDBI Bank Wednesday announced cut in its interest rates on retail term

Punjab National Bank, Bank of Baroda reduce lending rates - 29 Dec 2008
. The interest rates on fixed rate housing loans have been reduced up to 175 basis...New Delhi, Dec 29 (IANS) Punjab National Bank (PNB) Monday reduced its... percent from Jan 1. Bank of Baroda too reduced its BPLR by 75 basis points from

Ahead of general elections people asked to deposit arms in Madhya Pradesh - 28 Mar 2009
arms holders to deposit their arms.  The arms holders have been asked to deposit their arms either with their area's local police station or respective arms dealers. According to the standard routine across India, all private arms

Brickwork ratings assigns "BWR AAA" for Union Bank of India's - 24 Feb 2009
AAA (Pronounced BWR triple A) for Union Bank of India's proposed Lower Tier II... delinquency ratio. Union Bank of India is the sixth largest public sector... banks in India, the bank is also largely funded through term deposits.  

SBI, Allahabad Bank cut interest rates - 23 Apr 2012
.  "State Bank of India has decided to revise its retail term deposit...Mumbai, April 23 (IANS) The State Bank of India (SBI), the country's largest... in lending and deposit rates following cut in policy rates by the Reserve Bank

Reserve Bank study decline in FDI - 11 Feb 2011
Bhopal, Feb 11 (ANI): Reserve Bank of India (RBI) Governor D. Subbarao has said... lower Credit Deposit Ratio (CDR) of the State. He said that banks have agreed... coming into the country and we thought that at the Reserve Bank we must see

India's central bank extends scheme to fund mutual fund - 15 Oct 2008
Mumbai, Oct 15 (IANS) the Reserve Bank of India (RBI) Tuesday said the auction...;The central bank had Tuesday announced a special 14-day repo auction (repurchase... by the central bank a day later, allocations will be made on a pro-rata basis when

Punjab official told to deposit one-third of arbitration fees - 08 Feb 2013
cadre IAS officer S.R. Ladhar to deposit one-third of the total arbitration fees of Rs.1.5 crore into the state government's arbitration account.Ladhar has been... of farmers for lands acquired by the National Highway Authority of India (NHAI

Vodafone India launches mobile money transfer with ICICI Bank - 21 Aug 2013
New Delhi, Aug 21 (IANS) Vodafone India, along with ICICI Bank, Wednesday... of villages in India have a banking outlet. Financial inclusion is a national priority... Sethi, Business Head - M-Pesa, Vodafone India said.This service will now

United Bank reduces lending rate by 50 bps - 06 Jan 2009
Kolkata, Jan 6 (IANS) The United Bank of India (UBI) has reduced its prime... the benefit of reduced rate of interest,' a bank statement said.  The deposit rates have also been realigned in line with the market in different maturity

RBI asks people not to invest in illegal finance companies - 31 Aug 2012
Udaipur (Tripura), Aug 31 (IANS) The Reserve Bank of India (RBI) Friday asked people in the northeast not to deposit money in unauthorised non-banking... not deposit their hard earned capitals in unauthorised and illegal NBFCs

UCO Bank posts Rs.558 crore net profit - 08 May 2009
in deposit rates also.    At present, the BPLR of the bank is at 12.5 percent...: 'We have submitted a proposal to the RBI (Reserve Bank of India - the apex bank in India) for opening 120 more branches in FY10.'    The bank

Sri Lankan private bank to be taken over - 29 Dec 2008
Colombo, Dec 29 (IANS) Sri Lanka's central bank Monday instructed the country's largest state-owned commercial bank to take over the administration... that Seylan Bank, which is considered a good deposit-base private bank, will be open

Fidelity announces NFO for its fixed maturity plan - 01 Jan 2008
Mumbai, Sept 1 (ANI/Business Wire India): Fidelity Asset Management Company... Fixed Maturity Plan, Series 1 - Plan B with a duration of 370 days from the date... equity funds and five fixed income funds.  FIL Fund Management Private

Sahara to deposit Rs 200 cr as SC advances hearing - 20 Oct 2016
that it would deposit Rs 200 crore on Friday as the apex court is likely to hear... the court that Rs 200 crore that the Sahara Group was to deposit by October 23 would... on September 28 asked the Sahara Group to deposit an amount of Rs 200 crore by October

RBI not to interfere in bank service charges - 26 Apr 2012
Hyderabad, April 26 (IANS) The Reserve Bank of India (RBI) will not stop banks.... The central bank is only asking banks to bring transparency in what.... He said having a bank account is a fundamental right of an individual

Supreme Court refuses to give Sahara more time to deposit Rs 24,000 crore with SEBI - 25 Feb 2013
and Exchange Board of India (SEBI).Dismissing the Sahara Group's petition, the apex court... sufficient time to deposit the money.It maybe recalled that the Sahara Group..., the court ordered Sahara to make an initial deposit of Rs. 5,120 crore and another

State Bank to launch 24-hour banking service in Lucknow - 26 Nov 2008
Lucknow, Nov 26 (IANS) India's largest lender, the public sector State Bank of India (SBI), will launch a 24-hour banking service here, a senior official said... that will be set up at the main SBI branch in Hazratganj,' the bank's chief

HDFC Bank declared 'Best Local Bank' in India - 18 Feb 2009
HDFC Bank, one of India's premier banks, has been declared the 'Best Local Bank' in India in Euromoney's Annual Private Banking Survey. The Survey also recognized HDFC Bank as the Best Bank in the category of 'Relationship Management

United Bank cuts BPLR by 50 basis points - 05 Nov 2008
Kolkata, Nov 5 (IANS) Kolkata-based United Bank of India Wednesday slashed its... official said. 'We are also planning to cut our deposit rates for one-, two..., executive director of the bank, said on the sidelines of a conference on 'Banking 2008

Vodafone, ICICI Bank joins hand to launch "m-pesa" in east India - 08 Nov 2012
by the Mobile Commerce Solutions Ltd, a Vodafone India subsidiary and ICICI Bank... India Managing Director and Chanda Kochhar , ICICI Bank Managing Director... to any mobile phone or bank account in India, make payments at select shops

Mukherjee to meet bank CEOs today - 03 Feb 2009
and deposit rates to some extent, but some banks have not cut them so far.  ... the public sector bank CEOs here today to evaluate third quarter performance... in the wake of the third quarterly review of monetary policy by the Reserve Bank

Now, bank lockers for onions and tomatoes! - 13 Aug 2013
Bank manager N.C Sharma confirmed the deposit of onions and tomatoes by Satish... of India, the Bharatiya Janata Party (BJP) on Tuesday staged a unique protest against the hike by depositing onions and tomatoes in a bank, in an attempt to send out

RBI directs 926 bank branches to accept advance income tax - 22 Aug 2012
In a bid to make tax filing easier, the Reserve Bank of India (RBI.... The Reserve Bank of India has advised income tax assessees to take the due... and inconveniences can be avoided at the Reserve Bank of India counters

India's central bank moves to free another $200 bn - 14 Oct 2008
credit to the corporate sector, especially small firms, the Reserve Bank of India... for the needs of mutual funds. The central bank said it would conduct a special... in the cash reserve ratio, or the minimum cash banks have to retain against deposit

Will ensure legitimate lending not denied to Bengal: RBI - 01 Apr 2012
Kolkata, April 1 (IANS) The Reverse Bank of India (RBI) Sunday said it would clearly address the issue of lower credit-deposit ratio in West Bengal by ensuring that legitimate lending opportunity is not denied in the state. "West

Subrata Roy to deposit Rs 200 cr more to remain on parole - 21 Oct 2016
Subrata Roy to deposit another Rs 200 crore by November 28, as it extended its... A.K. Sikri asked the Sahara Group to deposit Rs 200 crore after senior counsel... said that Sahara was ordered to deposit Rs 200 crore by September 28 order

State Bank of Saurashtra and State Bank of India to merge - 01 Jan 2008
to the merger of the State Bank of Saurashtra with the State Bank of India to enable... Bank of Saurashtra by the State Bank of India, in terms of section 35(2) of the State Bank of India Act, 1955 ii) to introduce Bill (a) repealing

HDFC Bank to foray into Karnataka's interior areas - 07 Mar 2013
Bangalore, March 7 (IANS) As second largest private bank in the country, HDFC Bank plans to foray into interior regions of Karnataka with more branches in semi-urban and rural areas across the state, a senior official said Thursday

Fitch cuts SBI, PNB, ICICI Bank outlook to negative - 20 Jun 2012
on leading Indian financial institutions, including State Bank of India (SBI... outlook on 11 financial institutions. The affected entities include State Bank of India, Punjab National Bank, Bank of Baroda and its subsidiary Bank of Baroda

Deposit Rs.6 crore before moving Pratibha Cauvery: HC - 07 Nov 2012
Chennai, Nov 7 (IANS) The Madras High Court Wednesday directed that the beached oil tanker Pratibha Cauvery should deposit Rs.6 crore towards compensation... is insured with New India Assurance Company Ltd

Koda scam: Union Bank under ED scanner - 13 Nov 2009
the transaction. Reserve Bank of India (RBI) rules direct banks to authenticate... to the manager of Union Bank in connection with the Madhu Koda scam. The manager employed at Union Bank's Zaveri Bazaar branch in Mumbai, has been asked

German bank robbed with help of 100-foot tunnel into safe room - 15 Jan 2013
Berlin, Jan.15 (ANI): A Berlin bank was robbed when robbers dug a 100-foot tunnel, which led into the bank's safe deposit room from an underground garage...-in was noticed on early Monday when a security guard noticed smoke coming from the deposit

Yechury dismisses need for cap fixed in Nuclear Liability Bill - 29 Aug 2010
Siliguri (West Bengal), Aug 29 (ANI): Communist Party of India-Marxist (CPI-M) politburo member Sitaram Yechury has dismissed the need for cap fixed...;We think that cap for the liability, which has been fixed at 1,500 crores is too

Bharti Airtel withdraws '95' dialing on its fixed line service - 09 Mar 2009
New Delhi, Mar 9, (ANI/Business Wire India): Bharti Airtel Limited... the withdrawal of '95' dialing for long distance calling on its fixed line service... and IT, Government of India.  This withdrawal will come into effect from

Passing on RBI's rate cut benefits challenging: IOB chief - 29 Jan 2013
of the Reserve Bank of India's (RBI) 25 basis points rate cuts without impacting the already slowing deposit growth, said a top banker.Reacting to RBI's decision announced...," he said.According to him, the deposit rates and short term money market rates

State Bank, most state-owned banks cut lending rates - 06 Nov 2008
, the State Bank of India (SBI), have cut their benchmark prime lending rate (PLR) by 75 basis points (bps). 'The State Bank of India has reduced the benchmark... that they too would cut rates after the central bank, the Reserve Bank of India (RBI

Family of Sep 13 blast's Kashmiri victim gets compensation - 30 Oct 2008
in the name of his mother, his widowed sister-in-law and fixed deposit for his... heirs.  "We have been given a cheque for Masrat and fixed deposit...; "We don't have bank accounts, they (officials) say that they will open

Punjab National Bank cuts lending rate - 30 Apr 2009
;  The announcement comes a week after the central Reserve bank of India (RBI... points.    Besides, the bank has also reduced its peak deposit rate...New Delhi, April 30 (IANS) Public sector lender Punjab National Bank (PNB) has

Allahabad Bank eyes 20 percent loan growth - 01 Jan 2008
Kolkata, Oct 3 (IANS) The city-based public sector Allahabad Bank is targeting a growth of 20 percent in its loan portfolio and 17 percent in deposit... loan growth and 17 percent deposit growth. The loan growth will be sourced from

Allahabad Bank eyes 20 percent loan growth - 06 Oct 2008
Kolkata, Oct 3 (IANS) The city-based public sector Allahabad Bank is targeting a growth of 20 percent in its loan portfolio and 17 percent in deposit... loan growth and 17 percent deposit growth. The loan growth will be sourced from

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