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Results 1 - 100 of about 5150 for rbi loan defaulters list uco bank.
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Stop using muscle power for loan recovery - 07 Nov 2007
of loan offers with unwanted telephone calls and then force defaulters to pay... and regulation regarding loan recovery. Imposing the fine of Rs. 55 lakh to the Bank... agents. As per the guidelines of RBI and Indian Bank Association it’s

RBI issues fresh guidelines over recovery issues - 01 Dec 2007
and rude behaviour used by recovery agents. The Reserve Bank of India, RBI... restriction against any bank, RBI would take supervisory action against the bank...RBI issues fresh guidelines over recovery issues Dec 01:  Banks

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... rates, he said.   At present, UCO Bank's BPLR is at 13.75 percent... from Jan 1,' S.K. Goel, chairman and managing director of the bank, told reporters

UCO Bank net profit rises over 100 percent - 21 Jan 2009
Kolkata, Jan 21 (IANS) The city-based UCO Bank has posted a net profit... (for the nine months April-December) of the bank in the current financial year stood at Rs.455.17 crore (Rs.4.55 billion),' UCO Bank chairman and managing director

Robbers loot Uco Bank of Rs.250,000 - 09 Dec 2008
the heist around 3.30 p.m. in the UCO Bank branch in the busy market place... in cash from a Delhi bank that had no security system or a guard for protection... posted at the bank,' said a police officer.   The robbers, the police

CII welcomes RBI measures to improve liquidity - 16 Nov 2008
Industry (CII) Sunday welcomed the Reserve Bank of India's (RBI) measures to ease... the RBI's decision to extend Rs.20 billion to Small Industries Bank of India... by the credit crunch.  The apex bank has also given Rs.10 billion loan

RBI reviews CRR, SLR and repo rates - 01 Nov 2008
, the Reserve Bank of India (RBI) on Saturday (Nov 01) has announced to make further... with the apex bank; Statutory Liquidity Ratio (SLR), the minimum quantum of amount banks need to maintain in RBI deposits in the form of cash, gold or securities

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... bps to avoid the dilution of their profit. Besides, SBI, CBI, BoB and UCO bank... have also asked the Central bank to relax bad loan norms of real estate loans

RBI hikes CRR by 25 bps, repo rate by 50 bps - 29 Jul 2008
Giving the first priority to check inflation, the Reserve Bank of India, RBI... rate- the short-term rate at which RBI lends cash to banks- by 50 basis point... have to park with the Central bank- by 25 basis points (bps) from 8.75% to 9

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..., the sources said. RBI, India’s central bank, on October 31 had announced... liquidity, several banks including country’s largest lending bank, State Bank

Mukherjee to meet bank CEOs today - 03 Feb 2009
the public sector bank CEOs here today to evaluate third quarter performance, loan disbursal and the impact of the stimulus packages announced by the government... in the wake of the third quarterly review of monetary policy by the Reserve Bank

Chidambaram asks grant of Rs.10K crore for farmer's loan waiver - 13 Mar 2008
, who had taken the loan before March 31, 2007 and were being declared defaulters...Initializing the step of waiving off hefty Rs.60,000 crore farmer’s loan... to approve the supplementary grant of Rs.10,000 crore as a part of loan write-off

RBI raises CRR by 0.25 percent - 29 Apr 2008
granting loan. RBI has also set the money supply to 16.5-17.0 for the year 2008-09... Bank of India on Tuesday has kept the entire official rate unchanged except Cash Reserve Ratio to tame the inflation stroke. RBI has hike the CRR, the cash

Chidambaram says RBI to release Rs 25,000cr for banks immediately - 15 Oct 2008
that the Reserve Bank of India will immediately release Rs 25,000 crore to commercial banks, cooperative banks and RRBs under the farm loan waiver scheme.  He also..., reversing the two-day winning streak.  Chidambaram, who along with RBI

Bank loan forms distribution cause stampede - 01 Jan 2008
Aurangabad, July 10 (ANI): Police in Aurangabad baton charged a mob after a stampede broke out during the distribution of bank loan forms.  Thousands... Ingle, a resident.  The organization stopped the sale of loan forms seeing

India Inc. welcomes RBI move, but banks not for immediate rate cuts - 06 Dec 2008
New Delhi, Dec 6 (IANS) Hours after the Reserve Bank of India (RBI) slashed key... interest on housing loan by 1.5 percent.   Punjab National Bank (PNB... chairman of HDFC Bank also welcomed the RBI decision.  He said even

Chidambaram asks banks to cut home loan rates - 19 Dec 2008
Bank of India’s move which has injected enough liquidity in the system... said. With a view to run the economic system smoothly, the apex bank has pumped...) has fixed 8.50% interest rate on up to Rs. 5 lakh of loan and 9.25% on Rs.5 to 20

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

RBI general manager joins CBI's bank security, fraud cell - 26 Dec 2008
New Delhi, Dec 26 (IANS) The general manager of the Reserve Bank of India (RBI) has joined the Central Bureau of Investigation's (CBI) Bank Security and Frauds... offences. 'General Manager of RBI J.L. Negi has joined the CBI in Bank Security

RBI to provide liquidity supportto housing, export sectors - 11 Dec 2008
.  The RBI also decided to provide a refinance facility to the EXIM Bank...Kolkata, Dec.11 (ANI): The Central Board of the Reserve Bank of India today... meeting held in Kolkata, the RBI decided to provide a refinance facility of Rs

RBI to provide liquidity supportto housing, export sectors - 11 Dec 2008
.  The RBI also decided to provide a refinance facility to the EXIM Bank...Kolkata, Dec.11 (ANI): The Central Board of the Reserve Bank of India today... meeting held in Kolkata, the RBI decided to provide a refinance facility of Rs

RBI hikes repo rate by 25 bps - 12 Jun 2008
The Reserve Bank of India (RBI) on Wednesday evening has announced to hike the repo rate, the rate at which the banks borrow from RBI, by 0.25 percent from... for the next step of RBI as the Bank is near for its first quarter review

India Inc decorates the Forbes list - 07 Apr 2007
, Satyam Computer Services 1874th, Bajaj Auto 1916th, UCO Bank 1931th, Syndicate..., included 34 business companies of India in its index list of world‚??s top business companies, last week. In the list, Oil and Natural Gas Corporation leads

India Inc decorates the Forbes list - 07 Apr 2007
Computer Services 1874th, Bajaj Auto 1916th, UCO Bank 1931th, Syndicate Bank..., included 34 business companies of India in its index list of world‚??s top business companies, last week. In the list, Oil and Natural Gas Corporation leads

RBI issues guidelines for trading in currency future - 07 Aug 2008
The Reserve Bank of India (RBI), the master bank and Security and Exchange... the detail guidelines for exchange-traded currency futures. Now banks will need RBI nod... (Reserve Bank) Directions, 2008- that has come into effect immediately on August 06

World Bank offers loan to India for controlling AIDS - 06 Jul 2007
Untitled Document June 06: The World Bank yesterday offers India a loan worth $250 million for the National AIDS Control Programme. The programme... World Bank and International donors has made it a mission like other health

Icelandic bank taken over as Russia offers loan - 07 Oct 2008
the operations of the Landsbanki bank Tuesday under the provisions of emergency laws passed late Monday, as Russia offered the country a massive loan to aid its...;  The bank's operations were to be open for business 'as usual,' the agency

Loan repayments are going well:British bank - 14 Oct 2008
London, Oct 14 (DPA) Britain's nationalised mortgage lender Northern Rock said Tuesday it was 'well ahead' of its government loan repayment target, having paid... from the Bank of England. Government-appointed Northern Rock chief executive

RBI to bring down charges on cheque collection - 12 Sep 2008
In order to provide better service to customers, the Reserve Bank of India (RBI... the outstations cheques and all kinds of electronic clearance services. The bank... for this vary from bank to bank with no uniformity. But after implementing this new

No alteration in key rates: RBI - 29 Jan 2008
Y V Reddy, Governor, RBI presented the third quarter review of Annual Statement...). The Reserve Bank of India has kept the bank rate unchanged at 6.0 per cent. While... taken by the RBI of keeping the interest rates intact Finance Minister P Chidambaram

RBI hikes CRR, Repo rate by 50 bps - 25 Jun 2008
In the continuous war against the inflation, the Reserve Bank of India (RBI... at which banks borrow from RBI and Cash Reserve Ratio (CRR), a ratio of customer deposits, banks set aside as cash with the apex bank, by 50 basis points in both

RBI assures more steps to stimulate growth - 11 Dec 2008
Kolkata, Dec 11 (IANS) The central board of the Reserve Bank of India (RBI) Thursday decided to provide refinance facility to the National Housing Bank and Export-Import Bank as part its measures to boost the ailing economy. 'It has

$500 mn World Bank loan for India's Power Grid Corporation - 22 Oct 2008
Washington, Oct 22 (IANS) The World Bank has approved a $400 million loan... utility. The loan, from the International Bank for Reconstruction..., the Bank said.  This is the fifth direct loan the Bank has made

RBI waives inter-bank ATM transaction fee - 06 Dec 2007
RBI waives inter-bank ATM transaction fee Dec 06: Giving a huge relief... Technology (IDRBT), a subsidiary of the Reserve Bank of India has decided..., IDRBT, the technical arm of RBI has waived off the RBI’s transactional charges

RBI may revise economic growth projection downwards - 11 Dec 2008
Kolkata, Dec 10 (IANS) Reserve Bank of India (RBI) Governor D. Subbarao said here Wednesday that the country's central bank may revise downwards the economic...;  The apex bank projected gross domestic product (GDP) growth rate

RBI to phase out Rs 500 notes of 1996 series - 29 Aug 2008
the country in the form of ‘fake currencies’, the Reserve Bank of India (RBI) on Thursday released a press note to phase out all the Rs.500 notes... a 22-page master circular to all banks, the apex bank has directed that once

RBI official falls to death from office building - 01 Jan 2008
Mumbai, Oct 1 (IANS) A senior official of the Reserve Bank of India (RBI) fell..., a bank official said. The deceased, Sushad K. Patnaik, aged around 53, was the deputy general manager - Inspections, with the apex bank.  

RBI official falls to death from office building - 06 Oct 2008
Mumbai, Oct 1 (IANS) A senior official of the Reserve Bank of India (RBI) fell..., a bank official said. The deceased, Sushad K. Patnaik, aged around 53, was the deputy general manager - Inspections, with the apex bank.  

New RBI Governor Subbarao takes charge - 01 Jan 2008
Bank of India (RBI) from Y V Reddy and set for himself the immediate task of containing inflation.  "The immediate priority for me as the governor of RBI... prices from 12.40 per cent a week earlier.  However, the RBI on Thursday

ADB sanctions $800-mn loan for Himachal Pradesh - 10 Nov 2008
Shimla, Nov 10 (IANS) The Asian Development Bank (ADB) and the Himachal Pradesh government Monday entered into an agreement under which the bank sanctioned a loan of $800 million to strengthen its hydropower potential, the state government

ICICI chief urges RBI to cut interest rates - 16 Nov 2008
New Delhi, Nov 16 (IANS) The head of India's largest private lender ICICI Bank Sunday called upon the Reserve Bank of India (RBI) to further slash key interest..., bank chairman K.V. Kamath said: 'Interest rates are still high.'  

Delhi Audit, RBI move into DSA institutional super-league - 08 Apr 2008
Reserve Bank of India (RBI) team is on a roll as they registered.... The consecutive big wins enabled RBI to make it to the super-league as they displaced... Bhattacharya slotted one each to complete the tally. Earlier, RBI drubbed

RBI unearths fake currency scam in a UP bank - 05 Aug 2008
uncovered. A team of senior officials of Reserve Bank of India (RBI) captured fake... of the State Bank of India on Monday. Apart from that another 70 lakh scam has been exposed. RBI officials also found that Rs 70 lakh were also missing from

ADB grants $250 mn loan for Philippines - 01 Jan 2008
.   The bank said the loan is the second of a three-part Development...Manila, Oct 1 (DPA) The Asian Development Bank (ADB) said Wednesday it extended a $250-million loan to help to strengthen the Philippine government's fiscal

ADB grants $250 mn loan for Philippines - 06 Oct 2008
.   The bank said the loan is the second of a three-part Development...Manila, Oct 1 (DPA) The Asian Development Bank (ADB) said Wednesday it extended a $250-million loan to help to strengthen the Philippine government's fiscal

RBI downs repo and reverse repo rate further - 06 Dec 2008
New Delhi , Dec.6 (ANI):The Reserve Bank of India (RBI) in its bid to help out..., at which the apex bank lends overnight funds to banks, was reduced from 7.5 per... from the rate cuts," RBI Governor D Subbarao said while announcing the measures

$71 mn loan for water projects in Madhya Pradesh - 14 Oct 2008
Manila, Oct 14 (Xinhua) The Asian Development Bank (ADB) has approved a $71-million supplementary loan for an urban water supply project in Madhya Pradesh... signed a $181-million loan agreement in March 2005 to support the project. However

Farmers' mixed reaction to loan waiver lists - 01 Jul 2008
who comes under the government's loan waiver scheme. The National Bank... farmers comes under the government's loan waiver scheme. The Union government's beefing up policy for farmers through loan waivers left many in jubilation

Too early to take call on inflation: RBI Governor - 01 Jan 2008
Mumbai, Sept 10 (ANI): The new Reserve Bank of India (RBI) Governor, Dr... at 12.34 percent, down from a peak of2.63 percent in early August. The RBI... and it now stands at a seven-year high of 9.0 percent. The RBI also raised banks

Gordon Ramsay facing nightmare over £10M business loan? - 26 Jan 2009
financial crisis, with sources claiming that the troubled Royal Bank of Scotland is calling in their 10million pounds business loan to him. Ramsay had obtained the loan at the height of his popularity, and set about a massive expansion

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... at 10.75% and those above Rs 75 lakh at 11%, while the bank has introduced a least home loan rate for 5-year tenure up to Rs.30 lakh at 9% as against the Indian

RBI governor meets prime minister later Tuesday - 14 Oct 2008
with Reserve Bank of India (RBI) Governor D. Subbarao later Tuesday on steps... in the system. "The RBI governor has returned to Mumbai. He has been requested..., the government requested the Securities and Exchange Board of India (SEBI) and the RBI

ICCI bank pulled up for using musclemen for loan recovery - 13 Oct 2008
of Rs.450,000 from the bank. The loan amount was payable in 240 EMIs.  ... as 'uncivilized', a court here has directed ICCI Bank to pay Rs.20,000 in compensation... Disputes Redressal Commission asked the bank to pay the compensation and Rs.2,000

RBI makes no change in key rates - 27 Jan 2009
The Reserve Bank of India has made no change in the key rates but indicated... review for the current fiscal, the apex bank has kept all the key rates unchanged... of RBI, has stated that the changes in all key rates could be happened

Former RBI governor nominated to UN task force - 15 Nov 2008
United Nations, Nov 15 (IANS) Former Reserve Bank of India (RBI) governor Y... former senior vice president and chief economist of the World Bank.  ... of the Central Bank of Malaysia; Chukwuma Soludo, governor of the Central Bank

Reserve Bank to release new Rs.100 notes - 15 Oct 2008
New Delhi, Oct 15 (IANS) The central Reserve Bank of India (RBI) will soon.... In a statement, the central bank said that the new Rs.100 notes would have an inset of letter 'A' in the two number panels, and will be signed by RBI

Auto sales sluggish despite Reserve Bank boost: Mahindra - 16 Jan 2009
Kolkata, Jan 16 (IANS) Automobile sales are not picking up as commercial banks have not eased auto loan rates, a senior official of utility vehicle major Mahindra and Mahindra (M&M) said here Friday. 'The Reserve Bank of India (RBI

RBI hikes repo rate by 0.50 points, CRR by 0.25 points to contain inflation - 01 Jan 2008
to remain so for some time, the Reserve Bank of India today increased the repo rate... August 30. Home, consumer and other loan rates are expected to go up. ... by the RBI will help in moderating and containing inflation.  The RBI also

Repo rate hike pushes up bank deposit and debt rate - 17 Jun 2008
The RBI’s repo rate, the rate on which banks borrow debts from RBI, hike has begun to show its impact, as United Bank of India after Yes Bank has... Bank of India (UBI) on Monday announced to hike the domestic term deposit rates

RBI raised Cash Reserve Ratio, creates flutter in the market - 31 Oct 2007
by Bull power it is all set to survive. The Reserve Bank of India (RBI) on Tuesday... shedding 3 per cent after the announcement by RBI. Raising a concern over the uncontrolled capital flows to real estate and equity markets, RBI, the central

Pawar denies to expand farmer loan waiver scheme - 22 Apr 2008
bank of farmers in the election year by providing improper loan waiver scheme...“Let us first implement the farm loan waiver scheme presented... to expand the farmer loan write off scheme to cover more farmers across the country

RBI comes with a new credit policy to check inflation - 27 Apr 2007
Apr 24: While announcing a new credit policy for the year 2007, RBI chief has... to below 5.0 percent. For this the RBI has not hiked the Repo rate and Reverse Repo... for maintaining enough margins for liquidity. The Reserve Bank of India has also

RBI to inject Rs. 20,000 crore to help mutual funds tide over liquidity crisis - 14 Oct 2008
Mumbai, Oct 14 (ANI): The Reserve Bank of India (RBI) on Tuesday decided...;In a notification, the apex bank said that it has decided to conduct a special 14-day repo at nine per cent per annum for Rs. 20,000 crore. RBI's decision will help

ICICI Bank, LIC Housing cut home loan rates - 31 Dec 2008
Mumbai, Dec 31 (IANS) Two more lending institutions - ICICI Bank and LIC... (bps). While LIC Housing Finance cut rates for existing home loan borrowers....  The bank's floating reference rate for home loans has now come down

India's liquidity situation comfortable: Reserve Bank - 14 Oct 2008
New Delhi, Oct 14 (IANS) Reserve Bank of India (RBI) Governor D. Subbarao... Manmohan Singh.  In his meeting with the prime minister, the RBI chief... in the repo rate or the rate at which the central bank lends to commercial banks

Farm loan waiver scheme a success: Chidambaram - 01 Jan 2008
the efforts of state-run banks for making the Government's farm loan waiver scheme... the online inauguration of 101 branches of the public sector State Bank of India (SBI.... The farm loan waiver scheme aims at enabling the beneficiary farmers

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

$120 mn WB loan for China's eco-farming projects - 03 Dec 2008
Beijing, Dec 3 (Xinhua) The World Bank (WB) has approved a loan of $120 million for ecology friendly farming projects in China, its China Office here announced... into their agricultural production systems.   The loan would be used to build biogas

Dishman Pharma to take loan from International Finance Corp - 27 Oct 2008
a foreign exchange loan from the International Finance Corp, part of the World Bank group, to fund its expansion projects, to be executed in the next three years, the company announced. However, the amount of the loan sought has

Uttar Pradesh hires detectives to trace power defaulters - 06 Dec 2008
in private detectives to trace power defaulters across the state, a senior official said Saturday. 'As we have failed to locate the power defaulters, who have... told IANS.  According to officials, the defaulters in the state owe

RBI cuts cash reserve ratio by 150 basis points - 10 Oct 2008
Mumbai, Oct 10 (IANS) India's central bank, the Reserve Bank of India (RBI.... According to RBI regulations, the cash reserve ratio determines the amount...;It is expressed as a percentage of deposits or NDTL and the RBI announced Friday

Pakistan to get $7.6-billion loan from IMF - 25 Nov 2008
approved a $7.6-billion loan for Pakistan designed to help it stabilize its economy... Kato said in a statement.   The 23-month stand-by loan will give... the course of the period, the IMF said.   The loan comes in response

RBI cuts cash reserve ratio by 150 basis points - 10 Oct 2008
Mumbai, Oct 10 (IANS) India's central bank, the Reserve Bank of India (RBI... from the fortnight beginning Oct 11, 2008, the RBI said in a statement here Friday..., the RBI said.   On Oct 6, 2008 the RBI announced a reduction

Kochhar named ICICI Bank chief executive - 19 Dec 2008
not have much of an impact on the credit quality of the bank's loan portfolio... executive of ICICI Bank, India's largest in the private sector, here Friday. She will take over the reins May 1 from K.V. Kamath who replaces N. Vaghul as the bank's

BankBazaar.com offers personal loan seekers interest rates as low as 14.75% - 24 Nov 2008
is a neutral online loan marketplace, which offers an end-to-end solution for getting the best interest rate on loans.  Loan seekers can get instant customized rate quotes, compare loan offers and apply online, directly to the bank

RBI moves apex court against SIFCL - 07 Jun 2008
The Reserve Bank of India, on Thursday moved to Supreme Court against... for raising funds. The Central Bank had barred the para-banking operation of SIFCL, which SIFCL has challenged it in the Allahabad high court on June 04. The RBI

Dunlop's Ruia seeks Rs.1 bn loan - 24 Nov 2008
he has asked the government to grant Dunlop a loan of Rs.1 billion. 'We have asked for a loan of Rs.100 crore (Rs.1 billion) from West Bengal Industrial..., Ruia Sunday said he was negotiating with the banks for a working capital loan

Reserve Bank will act swiftly if necessary: Chidambaram - 24 Oct 2008
Minister P. Chidambaram Friday said the Reserve Bank of India (RBI) will act... advised investors against panic selling.  RBI, India's central bank...) or the minimum balance a bank has to keep with RBI against deposits by 250 basis

Chidambaram meets PSU bank heads to review interest rates - 04 Nov 2008
, PNB chief K C Chakrabarty, Bank of Baroda Chairman M D Mallya, Canara Bank head A C Mahajan, UCO Bank CMD S K Goel and top officials of the Finance Ministry and Reserve Bank of India (RBI) attended the meeting.On Sunday, Chidambaram said

Pakistan to get $500-mn ADB loan to accelerate economic transformation - 01 Jan 2008
Islamabad, Oct 1 (IANS) The Asian Development Bank (ADB) has approved a $500 million loan for Pakistan to help the troubled nation tackle the increasing... financial crisis, the Online news agency reported Wednesday. The loan will help

Pakistan to get $500-mn ADB loan to accelerate economic transformation - 06 Oct 2008
Islamabad, Oct 1 (IANS) The Asian Development Bank (ADB) has approved a $500 million loan for Pakistan to help the troubled nation tackle the increasing... financial crisis, the Online news agency reported Wednesday. The loan will help

RBI issues circular to make transparent credit card operation - 25 Jul 2008
as the levied charges vary from bank to bank. However, RBI itself has not specified... against the issuing banks, the Reserve Bank of India- the Master bank- has issued... was the part of Master Circular issued by apex bank on July in regards of Credit Card

ICICI, HDFC bank hike home loan rates by 0.75 percent - 01 Jan 2008
cent rate revision by leading PSU banker Punjab National Bank, Axis Bank and J-K Bank that made all home, corporate, personal and auto loans expensive.  India's largest private sector lender ICICI Bank has also hiked floating home loan

RBI hikes CRR by 0.50% to confront Inflation - 19 Apr 2008
inflation, Reserve Bank of India on Thursday has decided to hike the Cash Reserve.... The Reserve Bank in a statement said: "It is considered desirable to increase... Chidambaram on Wednesday had appealed RBI Governor Y V Reddy to take some measure

Tata in secret loan talks with British government: report - 23 Nov 2008
) is in secret talks with the British government for a one billion pound loan to help... sought a bridging loan to help it over the next 24 months.   'A number... billion bridging loan to finance its acquisition of JLR earlier this year, after

FM asks banks to cut more in loan interest rate - 05 Mar 2008
views on interest rates to the Reserve Bank of India, which would take a final call on the issue.” On the other hand, RBI has hiked the interest rate nine times since October 2004. To reduce the excess money inflow, RBI has also asked

German experts call for world loan registry - 14 Nov 2008
are paid and also called for a worldwide loan registry. They handed a report...;  Otmar Issing, a former chief economist of Germany's central bank

D Subbarao appointed as the new RBI governor - 02 Sep 2008
as an economist at the World Bank from 1999-2004. The RBI governor is the second most...Dr. Duvvuri Subbarao will be the new governor of Reserve Bank of India. He... Ahluwalia- as the government's ultimate choice for the RBI governor, D Subbarao

Reserve Bank reduces cash reserve ratio to 8.5 percent - 06 Oct 2008
New Delhi, Oct 6 (IANS) The Reserve Bank of India (RBI) Monday reduced the cash...," RBI added in its statement.  Welcoming the move, HDFC Bank chairman... circles. The central bank said the decision was taken after a "review

D. Subbarao to become next RBI Governor - 01 Jan 2008
New Delhi, Sep 1 (ANI): Dr. Duvuri Subbarao has been appointed as the next Governor of Reserve Bank of India.  He will take charge of the new post after the present RBI Governor, Dr. Y.V. Reddy demits his office on September 5

Sanjay Dutt's 'EMI' role inspired by real loan recovery agent - 01 Jan 2008
Mumbai, Sep 28 (IANS) Sanjay Dutt plays 'Sattarbhai', a bully who collects loan instalments from bank debtors, in his forthcoming film 'EMI'. The character has... collectors who have the thankless job of getting bank loans back from debtors

Sanjay Dutt's 'EMI' role inspired by real loan recovery agent - 06 Oct 2008
Mumbai, Sep 28 (IANS) Sanjay Dutt plays 'Sattarbhai', a bully who collects loan instalments from bank debtors, in his forthcoming film 'EMI'. The character has... collectors who have the thankless job of getting bank loans back from debtors

Cash reserve ratio cut again, Rs.400 bn infused into system - 15 Oct 2008
Mumbai/New Delhi, Oct 15 (IANS) The central Reserve Bank of India (RBI.... RBI said the new move would be effective from the current reporting... to maintain against deposits to 7.5 percent.  The RBI move has come

Loan waiver could have been handled better: Plan panel member - 31 Oct 2008
New Delhi, Oct 31 (IANS) The government's Rs.710-billion farm loan waiver could... Sen. Drawing a distinction between a situation-specific loan write-off... a loan should be waived, and not for general waiver.'  Sen's

RBI Governor says fundamentals of Indian economy continue to be strong - 11 Oct 2008
with the central bank).  On Monday, RBI had already cut the CRR by 0.5 percentage point...New Delhi, Oct 11 (ANI): Reserve Bank of India Governor D. Subbarao has said that the fundamentals of the Indian economy continue to be strong. The RBI

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  ... for first time in seven years  - Demand for bank credit slackening, despite

Highlights of monetary policy review by central bank - 24 Oct 2008
Mumbai, Oct 24 (IANS) Following are the highlights of the mid-term review of India's monetary policy conducted by Reserve Bank of India (RBI) Governor D. Subbarao Friday: - Bank rate, repo rate and reverse repo rate kept

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

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... environment,' RBI Governor D. Subbarao said.  'There are, however... a point of inflexion,' he added.  The central bank governor, who reviewed




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