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Strong fundamentals to help India return to high growth: Pranab 05 May 2012
Addressing a press conference in Manila, after taking over as Chairman of the Board of Governors of the Asian Development Bank (ADB), he said, India was growing at over 9 per cent. Pinning hopes on revival of business confidence and...
Keywords: Indian economy, impact of euro-zone debt crisis, banking sector, revival of business confidence
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Loan recovery, a big question to Indian banks! 25 May 2015
In the first quarter of this year, even the economy is expected to have outpaced China, the loan recovery issue is going to be long term problem for the Indian banks. Tragic growth rate in lending! According to the fiscal year...
Keywords: Indian economy, Banking sector, Banking sector, Bank loan recovery
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Banks Hint Strike On Tuesday Against Mergers? 21 August 2017
Banks Hint Strike On Tuesday Against Mergers?:- Besides raising a host of other demands, the services at public sector banks may take a hit on Tuesday. This move of the public sector banks comes in, as all unions under the...
Keywords: Banking Sector, Consolidation, Banks, Banks
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RBI norms to float co-operative banks 24 March 2012
The new guidelines will also include a provision under which well-managed cooperative credit societies can turn into co-operative banks, Karuppasamy said. “Well-managed credit societies and financially sound credit societies will be converted into co-operative banks provided they satisfy certain norms...
Keywords: NPAs, Reserve Bank, Greater Bombay Cooperative Bank, capital adequacy
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