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Results 1 - 100 of about 29333 for fixed deposit rates,state bank of india.
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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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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.  

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

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

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

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

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

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

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

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

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

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

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

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

Bank guard shot dead while resisting robbery in Delhi - 18 May 2009
to the bank every morning to deposit the sale collections of the petrol pump...New Delhi, May 18 (IANS) A bank guard was shot dead Monday by two armed men when he tried to foil a robbery and save the life of one of the bank's customers

More state-owned banks reduce lending rates - 29 Dec 2008
by the country's largest commercial bank, the State Bank of India, which slashed its BPLR by 75... Bank and Bank of India which reduced their rates by similar margin Dec 22. ... state-owned banks announced Monday. Dena Bank will cut its BPLR by 75 basis

Bike-borne robbers snatch Rs.700,000 outside Delhi bank - 21 May 2009
owner who had brought Rs.1.8 million to deposit in the bank. The two fled...New Delhi, May 21 (IANS) In the second daylight robbery outside a bank within... Rs.700,000 from a businessman's employee outside an ICICI bank branch in east

HDFC, the most valued pvt bank in India - 25 Mar 2009
was considered as the most valued bank in India while State Bank of India- a public...Surpassing ICICI, the HDFC bank on Tuesday became the most valued private sector bank of India on the back of soaring share prices in Indian Stock markets

Advani favours fixed legislature terms, compulsory voting - 30 Apr 2009
the constitution and have a fixed term of five years for the Lok Sabha and the Vidhan Sabha (state legislative assembly). We follow the British pattern where legislatures... cast if India could become a successful democratic republic. 'The world has been

Dhanalakshmi Bank to raise Rs.4 bn, open 80 new branches - 18 Mar 2009
;'For a pan-India presence, we have to be there in every state and that is our aim. Now we are awaiting the sanction from the Reserve Bank of India,' bank chairman...Thiruvananthapuram, March 18 (IANS) Kerala-based Dhanalakshmi Bank will soon

HDFC Bank cuts rate by 0.5 percent - 19 Dec 2008
; 'The recent cuts in policy rates by the Reserve Bank of India has created... its deposit rates by 50 bps across all maturities effective Dec 23, it said...New Delhi, Dec 19 (IANS) HDFC Bank Friday announced a reduction in its retail

Punjab National Bank rules out further cut in interest rates - 27 Mar 2009
not slash interest rates on existing deposits. 'The Reserve Bank of India (RBI) is not reducing interest on savings bank deposits. Only when deposit rates...New Delhi, March 27 (IANS) The state-owned Punjab National Bank (PNB) feels

Punjab warns banks against minimum deposit from farmers - 03 Nov 2008
their bank accounts, ministry spokesman said.   The Punjab government decided to pay bonus to the farmers directly into their bank accounts. For this, many farmers are required to open bank accounts.  Kairon strongly

RBI hikes CRR, Repo rate by 50 bps - 25 Jun 2008
In the continuous war against the inflation, the Reserve Bank of India (RBI... deposits, banks set aside as cash with the apex bank, by 50 basis points in both... blow would definitely hit the markets, banks and consumers as the interest rates

Brickwork Ratings assigns "BWR AA+" for Andhra Bank's upper tier II bonds issue of INR. 10 bn - 13 Jan 2009
of India ownership, quality of risk weighted assets, low cost deposit base, growth... months.  The bank's concentration in a single state as well as lower CASA...Bangalore, Jan 13 (ANI/Business Wire India): Brickwork Ratings has assigned BWR

World Bank to lend additional $3 bn to India - 18 Dec 2008
New Delhi, Dec 18 (IANS) The World Bank has agreed to help India with $3... Bank of India (SIDBI) to provide credit to small and medium enterprises... include the National Housing Bank and the recapitalisation of state banks

State Bank of India cuts interest rates by 75 basis points - 06 Nov 2008
is all set to fall as the State Bank of India (SBI), the country's largest bank... Tuesday on lowering interest rates after the Reserve Bank of India cut key rates... of India, the United Bank, Punjab National Bank, Bank of Baroda, Canara Bank

Oz trade unions want Rudd Govt. to stop banking jobs going to India - 14 Mar 2009
meeting with Rudd after ANZ Bank announced it was shifting 500 jobs to India... to have the deposit guarantee withdrawn from banks that move jobs out of Australia... in Australia, News.com.au reported.  "The bank guarantee is to stabilise

Reserve Bank of India keeps credit policy rates unchanged - 24 Oct 2008
New Delhi, Oct 24 (ANI): The Reserve Bank of India has kept its credit policy rate unchanged.  With the announcement of policy, the central bank has cut... cent. However, the bank reiterated that it is ready to enhance liquidity

India's liquidity situation comfortable: Reserve Bank - 14 Oct 2008
New Delhi, Oct 14 (IANS) Reserve Bank of India (RBI) Governor D. Subbarao Tuesday said the liquidity situation was comfortable. 'The liquidity situation... in the repo rate or the rate at which the central bank lends to commercial banks

World Bank to lend $14 bn to India for infrastructure projects - 12 Dec 2008
New Delhi, Dec 12 (IANS) The World Bank will provide $14 billion to India over... will be under World Bank Group's new Country Strategy for India, it said in a statement.  'The World Bank Group is tailoring its assistance to India

World Bank predicts slowdown in India's GDP growth - 11 Jun 2008
Finance’ on June 10, the Bank stated, “GDP growth in India eased...The World Bank has predicted India’s gross domestic product (GDP... year 2008. The world’s apex bank has probed ‘India’s tight

Rs.200,000 looted from bank in Jharkhand - 16 Oct 2008
Ranchi, Oct 16 (IANS) Rs.200,000 was looted from a branch of Bank of India... barged into the bank situated in Galudih block of Seraikela-Kharsawan district Thursday morning, some 210 km from Ranchi.   The men locked the bank staff

Help for Indian Non Banking Finance Companies - 09 Jan 2009
of Industrial Development Bank of India, would function as a Special Purpose Vehicle... would be purchased by Reserve Bank of India (RBI) and funds would be used by the SPV... for addressing the liquidity constraints of non-deposit taking systemically important

India's central bank cuts key interest rate - 20 Oct 2008
Mumbai, Oct 20 (IANS) India's central bank Monday cut a key interest rate... to be uncertain and unsettled," the Reserve Bank of India (RBI) said, while... to be fully restored in the financial markets," the central bank said

Catholic Syrian Bank won't merge with any bank: Chairman - 20 Oct 2008
(ATM) network.   'We have applied to the Reserve Bank of India (RBI...Chennai, Oct 20 (IANS) The Kerala-based Catholic Syrian Bank Ltd will not merge with any other bank, said a top company official here Monday. 

Rs.700,000 looted from Jharkhand bank - 25 Nov 2008
a branch of State Bank of India (SBI) in Jharkhand, police said. Police said four to five persons arrived on two bikes at the public sector bank around 11.30 a.m. They entered the bank and looted cash from the bank chest and mobile phones

India signs agreement with World Bank on health project - 13 Feb 2009
, World Bank (India), signed on behalf of the World Bank.  The closing date...New Delhi, Feb 13 (ANI): India has signed a Financing Agreement of National... Bank, here today.  The agreement is for a total assistance of approximately

PNB reduces lending rate by 50 basis points - 30 Apr 2009
week, the Reserve Bank of India (RBI) had cut down short-term policy rates... interest rates are charged at BPLR and above, it added. Further, the bank has... in both lending and deposit rates by banks. (ANI) 

Chanda Kochar next ICICI Bank chief executive - 19 Dec 2008
Mumbai, Dec 19 (IANS) ICICI Bank, India's largest private sector bank, Friday said joint managing director Chanda Kochar will succeed K.V. Kamath as the bank's managing director and chief executive. The appointment will come

Roberto Zagha World Bank's new country director for India - 23 Jan 2009
, Zagha's priorities will be to shape the bank's support to India in the context...New Delhi, Jan 23 (IANS) The World Bank has appointed Roberto Zagha as the new country director for India, it was announced Friday. 'Zagha arrived here

SBI cuts PLR by 0.75%; loan rates may dip - 07 Nov 2008
After the easing of monetary policy by the Reserve Bank of India (RBI) to make... liquidity, several banks including country’s largest lending bank, State Bank of India (SBI) have announced to cut their benchmark lending rates. The SBI

$400-mn World Bank loan for India's small, medium enterprises - 01 May 2009
Washington, May 1 (IANS) The World Bank has approved a $400 million additional financing loan to the Small Industries Development Bank of India (SIDBI... Roberto Zagha, World Bank Country Director for India.    

Highlights of growth stimulus unveiled by India's central bank - 06 Dec 2008
unveiled by Reserve Bank of India (RBI) Governor D. Subbarao here Saturday... billion/$1.4 billion) for Small Industries Development Bank of India  ...;- Credit lines remain clogged  - India's exports declined in October

World Bank offers loan to India for controlling AIDS - 06 Jul 2007
Untitled Document June 06: The World Bank yesterday offers India..., the number of HIV/AIDS cases in India is far less than the previous report... of UNAIDS showed it around 3.1 million. With this new number India stands behind

India to seek $5.2 bn from World Bank - 04 Apr 2009
lending institutions, India will seek additional assistance of $5.2 billion from the World Bank for its financial sector and infrastructure projects, officials said. The main component of this assistance is for recapitalisation of state

India to contribute wheat for SAARC food bank - 05 Nov 2008
New Delhi, Nov 5 (IANS) Despite banning wheat exports, India will contribute 153,000 tonnes of the grain to set up a food bank for tackling food crisis... that needs to be supplied to these countries. The food bank will have an initial

State Bank to raise Rs.180 bn by March 2010 - 16 Dec 2008
New Delhi, Dec 16 (IANS) India's largest state-owned bank, the State Bank... or by private placement or retail participation,' the State Bank of India said....  Reserve Bank of India (RBI), is the country's central bank.  

ICICI Bank shares tank on rumours - 01 Jan 2008
New Delhi, Oct 3 (IANS) Share prices of India's largest private bank, ICICI... declaring a few days back that the bank was safe, and which India's central regulator, the Reserve Bank of India, has also endorsed.  There have been

ICICI Bank shares tank on rumours - 06 Oct 2008
New Delhi, Oct 3 (IANS) Share prices of India's largest private bank, ICICI... declaring a few days back that the bank was safe, and which India's central regulator, the Reserve Bank of India, has also endorsed.  There have been

Highlights of measures announced by India's central bank - 01 Nov 2008
Mumbai, Nov 1 (IANS) Following are the highlights of the measures announced by the Reserve Bank of India (RBI) Saturday in a bid to reduce the cost... ratio to help mutual funds  - Central bank to continue sale

Kolkata bank collection agent robbed of Rs.2 mn - 21 Oct 2008
Kolkata, Oct 21 (IANS) A bank's collection agent was attacked and robbed of Rs.2 million just outside the bank premises here. But, the dog squad sniffed out.... The incident took place at the entrance of Canara Bank's Sealdah branch

India's central bank leaves key rates untouched - 24 Oct 2008
Mumbai, Oct 24 (IANS) The Reserve Bank of India (RBI) left key interest rates... a point of inflexion,' he added.  The central bank governor, who reviewed... the interest rates untouched, even as the cash reserve ratio, or the minimum

MTV awards are fixed: Kanye West - 13 Nov 2008
London, Nov 13 (IANS) Rapper Kanye West says MTV awards are fixed. He was upset with the choice of winners at the shows in the US and Britain this year. Thesun.co.uk reports that Kanye also said he won the Ultimate Urban award

India's central bank cuts key lending rates - 06 Dec 2008
banks and help them reduce interest rates for the corporate sector, India's central bank Saturday cut two key interest rates but said a period of 'painful adjustment' was inevitable for the country's economy. Reserve Bank of India (RBI

Fears of protectionism as India's exports dip: World Bank - 09 Mar 2009
deteriorating growth, the bank noted that New Delhi has allowed the India...Washington, March 9 (IANS) With exports from India declining in October... Bank report. Fall in global trade has been underway for some time, said

Bank employee returns jewellery to customer - 30 Nov 2008
Kolkata, Nov 30 (IANS) Jewellery worth Rs.2 million was returned by a State Bank of India (SBI) employee to a customer who left it outside the locker... their lockers that day. All were called to the bank Saturday and asked to check

Oz bank to outsource 400 new jobs to India by year-end - 01 Jan 2008
Sydney, July 9 (ANI): The National Australia Bank (NAB) has reportedly decided to outsource nearly 400 new jobs to India by the year-end. On Monday the Bank commenced its second round of its IT outsourcing program - "ITO Wave Two

World Bank predicts slower growth for India in 2009 - 31 Mar 2009
, the World Bank has projected a slower 4 percent growth for India in 2009, down from 5.5... Bank estimates released Tuesday have reduced its November 2008 projection of 5.8 percent growth for India in 2009 rising to 7.7 percent in 2010.    

Reserve Bank's annual policy review highlights - 21 Apr 2009
Mumbai, April 21 (IANS) The following are the highlights of the annual monetary policy review released by the Reserve Bank of India, the country's central bank... borrowing ceiling relaxation extended    * Current foreign bank

Fixed term for legislatures needed: Advani - 30 Apr 2009
Constitution to assure a fixed term for legislatures and enhance people's participation in the democracy. 'We must amend the Constitution and have fixed term of five years for Lok Sabha and Vidhan Sabha (state legislative assembly). We

Ashok Chawla appointed to World Bank board - 23 Oct 2008
New Delhi, Oct 23 (IANS) Department of economic affairs secretary Ashok Chawla has been appointed India's alternate governor on the World Bank board. ... as governor of India's central bank, the Reserve Bank of India

India to seek $5.2 bn more from World Bank - 04 Apr 2009
said. India normally gets assistance worth $3 billion from the World Bank...;  Of the $3 billion that India gets from the World Bank annually, half... lending institutions, India will seek additional assistance of $5.2 billion from

Reserve Bank of India announces monetary stimulus - 04 Mar 2009
New Delhi, March 4 (ANI): Reserve Bank of India, indicating a further cut in home, auto and other loan rates, on Wednesday unveiled a fresh monetary stimulus that slashed the rates at which it lends and borrows short-term

An all women savings bank in rural area of Dehradun - 12 Mar 2009
the members of the bank hold meetings very month and deposit money... are very happy with the bank. We get three times more than what we deposit... up a bank which today has a capital worth over one million rupees!  

State Bank group deploys anti-money laundering software - 17 Mar 2009
Bangalore, March 17 (IANS) The State Bank of India (SBI) group deployed 3i... said in a statement here.    The Reserve Bank of India (RBI... SBI group are State Bank of Patiala, State Bank of Bikaner and Jaipur, State

SBI cuts PLR by 75 bps; interest rate to fall from Jan - 22 Dec 2008
of Reserve Bank of India (RBI)’s move to existing customers, the State Bank... rates on home and corporate loans along with deposit rates. According to latest... sector bank has also slashed the term deposit rate ranging from 25 bps to 100 bps

India for transparency in dealing with secret bank accounts - 30 Mar 2009
New Delhi, March 30 (IANS) India has no action plan yet on how to get information on money allegedly stashed away by its nationals in secret bank accounts... Party of India-Marxist, and of late the Bharatiya Janata Party, have asked

World Bank strategy for India can improve support for infrastructure and poor States - 13 Dec 2008
Washington, Dec.13 (ANI): The World Bank Group is preparing to help India...;The World Bank Group's new Country Strategy for India, discussed... Bank Acting Country Director for India.  He said the World Bank will also

HDFC Bank opens first international branch in Bahrain - 23 Oct 2008
Dubai, Oct 23 (IANS) India's leading private bank, HDFC Bank, has opened its... between the Gulf nations and India, it was logical for HDFC Bank to start its... relations between India and Bahrain.   In India, the bank has a network

All-women bank in rural Assam - 30 Dec 2008
a license obtained from Reserve Bank of India since 2000. The main aim...Jorhat (Assam),Dec.30 (ANI): The Konoklota Mahila urban co-operative bank Ltd..., the all-women set up here bank here is going all out to make rural women become

Muslims as Vote bank - 13 Apr 2009
Kerala State Committee (MLKSC) and All India Majlis-e-Ittehadul Muslimeen (AIMIM...Vote bank politics is the arch villain in Indian poll history whereby Muslims have astutely been used as vote bank by political parties like Congress

India to face tougher challenge in 2009-10: Subbarao - 27 Mar 2009
Reserve Bank of India governor Duvvuri Subbarao on Thursday in New Delhi... on Banks’ reluctance to cut interest and deposit rates despite making several...India will have to face tougher challenge in the next fiscal year (2009-10

Wipro discloses vendor status with World Bank - 12 Jan 2009
Bangalore/New Jersey, Jan 12 (ANI/Business Wire India): Wipro Technologies... and the World Bank are disclosing that in June 2007 the World Bank determined Wipro to be ineligible to contest direct contracts from the World Bank for the period

ICICI Bank to issue debit card in US - 13 May 2009
largest bank and largest credit card issuer, ICICI Bank has entered... York Branch for use in the U.S. and a Rupee NRE account at ICICI Bank for their use in India, the release said. “This new debit offering reflects

Pak to approach World Bank to resolve Kishanganga dispute with India - 04 May 2009
Lahore, May 4 (ANI): Pakistan will approach the World Bank (WB... with India.  Indus Water Treaty Commissioner Jamaat Ali Shah said on Sunday... not settle the matter.  "India has not shown any willingness to sort out the issue

UCO Bank may cut lending rates by 100 basis points - 16 Dec 2008
Kolkata, Dec 16 (IANS) State-owned UCO Bank may cut its benchmark prime lending... that meeting about lending and deposit rates. The revised rates will be effective... of Commerce.   The bank will also revise downwards 'substantially' its deposit




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