Chiding by the Union finance ministry and two rounds of repo rate cuts by the Reserve Bank (RBI) in 2015 might yield results in the form of reduced interest rates only in the next financial year, starting April, as banks battle to protect income. ... Smart Investor, 1 month ago
Related to : State Bank of India State Bank of India BSE 19 Feb 15 | 10:18 AM 304.20 -1.35 (-0.44%) NSE 19 Feb 15 | 10:10 AM 305.55 -0.15 (-0.05%) Several lenders are rushing to restructure debt this quarter before new norms ...Smart Investor, 1 month ago Banks rush for debt recast Smart Investor, 1 month ago
NEW DELHI: The Narendra Modi government plans to leverage its flagship Jan Dhan Yojana (JDY) as well as the Aadhaar cards issuance programme to make India a less-cash economy on a similar mission mode with clearly defined outcomes and timelines. ...IPA Newspack.com, 2 months ago
The State Bank of India (SBI) reported a 30.24 per cent increase in net profit for the third quarter ended December 31, 2014, at Rs 2,910 crore compared with Rs 2,234 crore in the same quarter of the previous fiscal. Net interest income for the bank during ...Deccan Herald, 2 months ago
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