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One-third of ATMs non-functional: RBI Deputy Gov

May 25, 2016

One-third of ATMs non-functional: RBI Deputy Gov

Reserve Bank deputy governor S S Mundra has raised concerns over one-third of ATMs being non-functional and warned the banks of penal action if the compliance levels are not met. #UPA #RBI #Banks #Banking #NewsTracker #ATM
Stress and the City: Britain's bank workers buckle under pressure | Reuters

Feb 14, 2016

Stress and the City: Britain's bank workers buckle under pressure | Reuters

LONDON Dwindling job security, heavier workloads, regulatory upheaval and the poor public image of the banking sector are taking a toll on the mental health of Britain's bank workers. Eight years after the global financial crisis, stress in the industry has pushed up demand for insurance to protect revenues against the cost of paying staff too sick to work, insurance data show. #Banking #Health #Europe #Argentina #article
Cost of the mayhem: Market crash burns a Rs 3.13 lakh cr hole in investors' pockets

Feb 12, 2016

Cost of the mayhem: Market crash burns a Rs 3.13 lakh cr hole in investors' pockets

Including today's fall, the Sensex has crashed a whopping 1,665.15 points, or 6.8 percent in four sessions this week #Sensex #nifty #FIIs #crude oil #Banking #Rupee #BSE #CNX
Base rate calculation guidelines for banks soon: RBI

Dec 08, 2015

Base rate calculation guidelines for banks soon: RBI

The median base lending rates of banks have come down by about 60 basis points as against a 125-basis point policy rate reduction since January. #Economy #RBI #Banking #Raghuram Rajan #NPAs #Base Rate #SS Mundra #Strategic Debt Restructuring
Sensex drops 127 pts after a subdued opening, banks under pressure

Dec 02, 2015

Sensex drops 127 pts after a subdued opening, banks under pressure

Market breadth remained weak, with 1,266 stocks declining against 1,156 advances on BSE #Sensex #nifty #Banking #BSE #CNX #US Fed rate hike
PM says FDI decision shows 'unwavering' commitment to reforms

Nov 10, 2015

PM says FDI decision shows 'unwavering' commitment to reforms

Pushing ahead with major reforms, the government relaxed foreign investment rules in 15 sectors such as civil aviation, banking, defence, retail and news broadcasting and eased the process for approval of FDI. #Economy #Defence #Banking #NewsTracker #FDI #PMO #Civil aviation #News broadcasting
SBI manages yet another good quarter, but bad loan worries aren't over for the sector

Nov 06, 2015

SBI manages yet another good quarter, but bad loan worries aren't over for the sector

According to Moody’s the rise in bad loans on the books of Indian banks will continue at a slower pace on account of improving economic scenario. #Business #Banking #SBI #EarningsShow #Corporate Debt Restructuring #Indian Overseas Bank #non performing loans
Punjab National Bank Q2 net profit up 8% at Rs 621 cr

Nov 06, 2015

Punjab National Bank Q2 net profit up 8% at Rs 621 cr

The bank had posted net profit of Rs 575.34 crore in the same quarter of the previous financial year. #Business #Banking #EarningsShow #Punjab National Bank