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Consumers rejoice: Banks to reduce your loan rates by April thanks to RBI rate cut

Mar 05, 2015

Consumers rejoice: Banks to reduce your loan rates by April thanks to RBI rate cut

The second surprise rate cut from Reserve Bank of India (RBI) governor, Raghuram Rajan this year is likely to prod commercial bankers to slash their lending rates to end-consumers, by April. Some banks may begin cutting rates in March itself. #RBI #Banks #Banking #SBI #Raghuram Rajan #Rate cut #Lending rates
Banks Board Bureau to be set up in four months: Finmin

Mar 03, 2015

Banks Board Bureau to be set up in four months: Finmin

Last week, Finance Minister Arun Jaitley in his Budget speech had announced setting up the autonomous Banks Board Bureau for helping lenders raise capital for meeting expansion needs. #Economy #ThisisNext #Narendra Modi #SBI #Arun Jaitley #IDBI Bank #Basel III #Bhartiya Mahila Bank #department of financial services #Hasmukh Adhia #Gyan Sangam #Budget2015 #Economy Budget 2015 #Banks Board Bureau #Bank Investment Committee
SBI taking over Kingfisher House shows public banks are finally taking on influential defaulters

Feb 25, 2015

SBI taking over Kingfisher House shows public banks are finally taking on influential defaulters

SBI claimed the property, spread over 17,000 square feet and which houses some of Kingfisher's key offices, after securing a favorable ruling from the Chief Metropolitan Court in Mumbai. #HowThisWorks #RBI #SBI #Bank of India #Canara Bank #Axis Bank #Raghuram Rajan #Kingfisher #public banks #bad loans #Public loan defaulters #Kingfisher Act
Private sector to cut capex by 4%, govt will have to create a war chest to revive economy

Feb 25, 2015

Private sector to cut capex by 4%, govt will have to create a war chest to revive economy

The ability of the government to kick-start investments through fiscal measures, especially given the additional elbow room afforded by falling crude prices, is crucial #SBI #CRISIL #capex #investment cycle #Public Spending
Bank unions seek government intervention to settle wage revision row

Feb 19, 2015

Bank unions seek government intervention to settle wage revision row

Government's intervention in early settlement of wage revision, were some of the demands submitted by two bank unions to Finance Minister Arun Jaitley #Banks #SBI #Arun Jaitley #Canara Bank #Union Bank Of India #All India Bank Employees Association #Corporation Bank #IBA #Jan Dhan Yojana #wage revision row

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Why should finance minister put fresh equity in SBI?

Oct 07, 2011

Why should finance minister put fresh equity in SBI?

Government-owned banks like SBI should not think it is their right to equity when they need it. They need to do more to plough back retained earnings. #SBI #HDFC Bank #To The Contrary #Bank of Baroda #NotJobsButPassion
Who did SBI in? Govt must look in the mirror for answer

Oct 05, 2011

Who did SBI in? Govt must look in the mirror for answer

Instead of decrying Moody's downgrade of State Bank of India and India, the government should look for a different villain - and look in the mirror #State Bank of India #SBI #Moody's #Downgrade #PIIGS #Crying Wolf