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SBI minimum balance penalty charges cut by 75 pct, but retains limit
Wed, Mar 14, 2018
Last April, the nation's largest lender had re-introduced the penal charges on non-maintenance of average monthly balance, after a gap of five years. Later in October, the bank had revised down the charges to some extent.
Privatise public sector banks, here's why
Tue, Mar 13, 2018
11 out of 21 PSBs are under the RBI's 'prompt corrective action' plan. Banks have to recall $6 billion bail-in bonds.$207 billion in corporate bad debt are waiting to be sold in bankruptcy proceedings.
India tops Big Data and Analytics adoption in APAC region: Oracle
Sat, Feb 24, 2018
When it comes to the Next-Gen trends in the Big Data space, adoption, customer interaction and operational excellence are growing rapidly among Indian enterprises
Market manage to end with gains, up 131 points for the week
Sat, Feb 24, 2018
Ripples of massive PNB scam continued to drag the market momentum during the week trade
Global cues, buying support lift equity indices to new highs
Fri, Jan 12, 2018
Key Indian equity indices on Friday provisionally closed at fresh highs riding on broadly positive global cues, along with buying support from oil and gas, banking and capital goods stocks.
Sensex rises 158 points in early trade
Wed, Jan 03, 2018
The benchmark Sensex staged a strong come back in early trade today gaining over 158 points on widespread buying by participants in banking, auto, pharma and oil and gas stocks.
Panic over proposed FRDI Bill is misplaced: SBI Ecowrap
Thu, Dec 21, 2017
Seeking to clear the confusion in the public domain, the report said, "First, whether the concept of bail-in is justified in Indian context. Such strategy is similar to the strategies adopted by EU countries like Cyprus whose per capital income is 14 times higher than India.
NBFC P2P lending needs to demonstrate viability to sustain business model
Thu, Nov 16, 2017
The Peer to Peer lending lending involves matching of borrowers and investors via an online platform managed by P2P operator
Gender pay gap in India's manufacturing sector touches 30%
Tue, Jul 18, 2017
The lowest paid sector in India also has a huge pay gap crisis. Monster India report showed a near 30% wages disparity in the sector.
Panasonic eyes Rs 1,150 crore revenue from B2B segment in FY18
Sun, Jun 04, 2017
Consumer electronics major Panasonic India is eyeing a revenue of Rs 1,150 crore from the business- to-business (B2B) segment in the current fiscal at a growth of 35 %, a company official said.
Hiring activity sees modest decrease of 2% in January, says Naukri.com
Mon, Feb 13, 2017
Naukri.com's recently released Jobspeak Index for January 2017 stood down 2% at 1,707 as compared to 1,748 in January 2016.
Demonetisation to push IT spending of banking and securities firms to $8.9 billion in 2017
Fri, Feb 10, 2017
IT services will grow the fastest at 13.8% in 2017, as firms in the banking and securities industry invest more in business processes, specifically in business process outsourcing.
Ad spends will stablise by the third quarter of 2017: SK Swamy, ASCI
Tue, Jan 03, 2017
The banking sector has lowered their ad spends in the two months since demonetisation, says Swamy.
Watal Committee on Digital Payments: Here are 13 recommendations
Tue, Dec 27, 2016
The committee to review the framework related to digital payments under Ratan Watal, Officer of Special Deputy in the Ministry of Finance, presented its report to the government on Tuesday.
TCS once again bags leadership in Everest group banking AO peak matrix
Wed, Sep 07, 2016
It said in a statement that, "TCS was recognized for its industry leading domanin solutions, strong delivery and execution capabilities and success in both mid and large client segments. "
India, US eye bilateral trade worth $500 billion: Report
Sun, Aug 28, 2016
Positioned as a major investment destination to the world, India is targeting to increase its bilateral trade with the US to $ 500 billion from current levels of over $ 100 billion, in the near term.
Technology, regulatory changes, consumer behavior are redefining banks: RBI Deputy Governor
Thu, Aug 18, 2016
Speaking on the topic of "New Horizons in Indian Banking" R Gandhi, Deputy Governor at the FIBAC 2016 he discussed the 'New paradigm in Banking: Banking is Necessary, Not Banks'.
Hot Stocks : Experts advice for investment in stocks market
Fri, Jul 08, 2016
Watch this special segment and get to know about the experts advice for investment in stocks market.
Public sector bankers wary of writing down bad loans: Arvind Subramanian
Sun, Apr 24, 2016
"The referee institutions have become strong and one consequence of bad governance we face in the banking system is the writing off the assets or non-performing assets (NPAs)," said the Chief Economic Adviser at a function on Saturday.