Archive for the 'Banking' Category

AXIS Bank to allot equity shares

The committee meeting of AXIS Bank will be held on……

ING executive urges employees to give up bonuses

The head of the supervisory board at Dutch banking and insurance giant ING on Monday issued a “moral appeal” to senior employees to give up their 2008 bonuses after the firm received state aid.

More fiscal stimulus will be costly: RBI

Subbarao said FY10 will be a challenging year unless business confidence and investment revived

Will look at revising rates : KV Kamath

KV Kamath, MD and CEO, ICICI Bank said banks were waiting for the next monetary initiative and the lending from banks was at record levels

RBI to buy back Rs 80,000cr of bonds

The central bank will buy back government bonds through open market operation in the first six months of FY10

Govt to borrow Rs 2.4 lakh cr in H1CY09

The government will raise Rs 48,000 crore every month in the first quarter and Rs 32,000 crore every month during the second quarter

Inflation drops to 0.27%, at 30-year low

Prices of essential commodities like cereals and vegetables however rose during the period. Economists expect inflation to head lower

RBI may monetise debt

The Reserve Bank of India may soon start monetising the country’s bulging fiscal deficit

UTVi Poll: Inflation seen at 0.09%

If the numbers meet expectations, this would be the lowest level in the current series available since 1995

ICICI Bank cuts rate on new home loans

India’s largest private sector lender, ICICI Bank, has reduced its interest rates on new home loans by 0.25-0.50 per cent with immediate effect.

HDFC Bank allots equity shares

The committee of HDFC Bank has approved allotment ……

ICICI Bank recovers after two-day 10% slide

ICICI Bank rose 1.94% to Rs 302.15 at 10:05 IST on……

UCO Bank appoints director

UCO Bank has appointed Nirmal Khatri as part-time ……

Central Bank of India appoints chairman & MD

Central Bank of India has announced in terms of th……

Vijaya Bank appoints director

Vijaya Bank has announced that B Ibrahim has been ……