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There is a good news in rising bank NPAs and for that Rajan should get the credit

Feb 12, 2016

There is a good news in rising bank NPAs and for that Rajan should get the credit

Even though it might cause pain in the immediate future, it’s good that banks are forthcoming in recognising bad loans, since this can help addressing the hidden rot in their books. #RBI #SBI #Raghuram Rajan #bad loans #PNB #PSU bank #PSBs #Gross NPAs
State Bank of India's  profit down 67%, bad loans bulge 28% on quarter

Feb 11, 2016

State Bank of India's profit down 67%, bad loans bulge 28% on quarter

tate Bank of India today posted 67 per cent decline in consolidated profit to Rs 1,259.49 crore for the third quarter ended December 31, 2015-16, on account of higher provisioning for bad loans. #SBI #NPA #Profit #Earnings #bad loans
Govt to infuse about Rs 5,000 crore in PSU banks this quarter

Feb 03, 2016

Govt to infuse about Rs 5,000 crore in PSU banks this quarter

Government will infuse about Rs 5,000 crore capital in the public sector banks in the current fiscal to strengthen balancesheet. #SBI #ANDHRA BANK #PSU banks #DBT #Indradhanush #PSBs #Ajuly Chib Duggal
Here is the catch in SBI's new home loan scheme for youngsters

Feb 03, 2016

Here is the catch in SBI's new home loan scheme for youngsters

State Bank of India (SBI), country’s largest lender, has announced a home loan scheme--SBI FlexiPay Home Loan-- under which the customer needs to pay only the interest component in the initial few years #SBI #HDFC #Deepak Parekh #Home loan #DSK #EMI #Real estate #Tata Capital #Home sales #LTV #teaser loan #FlexiPay #Jayanthi Lakshmi
SBI's new home loan offers 3-5 years interest moratorium to young customers

Feb 02, 2016

SBI's new home loan offers 3-5 years interest moratorium to young customers

SBI's 'FlexiPay Home Loan' seeks to boost its home finance portfolio and refused to name it as the now-discontinued 'teaser loan' #State Bank of India #SBI #HDFC #Teaser Loans #Arundhati Bhattacharya #RBI governor Raghuram Rajan #FlexiPay Home Loan
Better jobs, income boosting home loan demand from small cities; banks buck corporate slowdown

Jan 28, 2016

Better jobs, income boosting home loan demand from small cities; banks buck corporate slowdown

India's banks, struggling to boost mainstay corporate loans, are finding a bright spot in a home-buying spree in the country's towns that has driven mortgage-loan growth to the fastest rate in at least six years. #Narendra Modi #ICICI Bank #SBI #Axis Bank #Mortgage loan #home loan growth #Jayanthy Lakshmi
Why Modi-government's move to convert DBT accounts to Jan Dhan is a right step

Jan 20, 2016

Why Modi-government's move to convert DBT accounts to Jan Dhan is a right step

A government communication to country’s state-run banks, early this month, instructs the lenders to convert all DBT-accounts to Jan Dhan accounts #SBI #Aadhaar #MNREGA #DBT #Jan Dhan bank accounts #beneficiaries
DSK's zero interest home loan offer: Are real estate developers innovating products or rolling out gimmicks?

Jan 04, 2016

DSK's zero interest home loan offer: Are real estate developers innovating products or rolling out gimmicks?

According to a section of real estate analysts, the whole idea behind the DSK scheme is to avail quick, cheaper liquidity to develop their projects #SBI #HDFC #Deepak Parekh #Home loan #Pratip Chaudhury #Tata Capital #Pune-based DSK Developers #marketing tricks
SBI raises Rs 4,000 crore through issuance of Basel-III compliant tier-II bonds

Dec 24, 2015

SBI raises Rs 4,000 crore through issuance of Basel-III compliant tier-II bonds

SBI on December 23 issued 40,000 Basel-III compliant tier-ll bonds in the nature of debentures of face value of Rs 10,00,000 each at par with 10-year tenure, bearing 8.33 percent per annum coupon #SBI #Fitch ratings #tier2 bonds #Committee of Directors