Bank-specific wage negotiation for each of PSB may undermine the interest of employees rather than promote the same
Banks Told To Follow Y2k Checklist
Are mergers and acquisitions around the corner?
Review covers 37 SCBs (18 public sector banks and 19 private sector banks) and the figures are as on November 14
Bankers said that at present, both operators are current in their repayments. However, the concern is over the future debt repayment capacity
Slowing economy and higher tier-I capital requirement shifting focus to retail lending
Resolution plans were to be implemented within 180 days from the end of the one-month review period
Banks had about Rs 1.8 trillion ($25 billion) of stressed loans to India's coal-fired power generators as of last year
R Gandhi and Y H Malegam report to be the bedrock of new guidelines
Say there's no corporate guarantee offered by parent firm for the loan
But banks and NBFCs continue to remain a cause for concern
Such stringent cost control is just an example of how the lender has managed to pare expenses and boost efficiency, wooing investors along the way
Intense competition among telcos had already impacted financial profile of firms and court judgment would now only add pressure to burden of paying interest and principal: Senior executive with SBI
The Reserve Bank of India (RBI) as the central bank should tighten banking regulations for the staff and any deviation should be reported to the regulatory committee at the earlies
The unions have been demanding a five-day work week since a long time
India cannot aspire to be a double-digit growth economy with a dysfunctional financial system
The agency said it also pictured a scenario where 30 per cent of banks' property exposure becomes non-performing, due to tight liquidity and weak sales
Deposit insurance was last revised on May 1, 1993, after the collapse of the Bank of Karad
Lending growth by banks had nearly halved to 8.8 per cent at the end-September from the start of the year
Banks may pass on the cost of insurance to depositors indirectly