Bank employee arrested for defrauding Canadian customer

Fund managers are more bullish on private banks than their NPA-hit public sector counterparts.

New Delhi: State Bank of India (SBI) on Monday ruled out any immediate cut in lending rates even as the Reserve Bank had reduced policy rate by 0.25 per cent earlier this week.With repo rate (short-term lending rate of RBI) cut, we dont get savings because ...

In a faux pas by State Bank of India (SBI), two ITBP officers had to spend three nights in jail on charges of depositing "fake" notes with a SBI branch here though the currency was later found to be genuine by RBI.

The Reserve Bank of India (RBI) should become the regulator for all loans, including home loans, State Bank of India (SBI) Chairman Pratip Chaudhuri said. Speaking at the fifth ICC Banking Summit, Mr. Chaudhuri said that there was no justification ...

According to Satish Gupta of Astrostocktips, financial stocks like PFC, IDBI, SBI, Axis Bank, Bank Nifty, Canara Bank, REC, IFCI, IDFC, Allahabad Bank, LT Finance and LIC Housing will be getting astrological support.

In the backdrop of the chit fund scam, the State Bank of India today said Reserve Bank of India or Securities and Exchange Board of India should take up major campaigns to create awareness among investors being lured to ponzi schemes.

Housing finance companies (HFC) should also be brought under the purview of the Reserve Bank of India (RBI), said State Bank of India (SBI) chairman Pratip Chaudhuri. The chairman of the biggest lender of the country said, "I see no justification ...

The Sensex was down 49.19 points at 20163.77, and the Nifty fell 18.50 points to 6128.25. About 152 shares have advanced, 94 shares declined, and 34 shares are unchanged.

Earnings will be key, with Coal India Ltd, State Bank of India Ltd and Jet Airways Ltd set to report next week. Investors will also be eyeing whether strong foreign buying continues. Overseas investors were net buyers for 21 consecutive sessions as ...