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World Bank: India ranked highest in migrant remittances at $70B

World Bank: India ranked highest in migrant remittances at $70B

WASHINGTON, April 15 (UPI) -- Indians working overseas sent more remittances back home than any other migrant population, according to a World Bank report. India received $70.39 billion in remittances in 2014, surpassing China's $64.14 billion. UPI, 2 days ago

591 images for state bank of india and united bank of india

India Infoline, 2 days ago
NDTV Profit, 3 days ago
NDTV Profit, 5 days ago
Deccan Chronicle, 5 days ago
NDTV Profit, 1 week ago
Financial Express, 2 days ago
Sify, 1 week ago
Sify, 1 week ago
Mid Day, 1 week ago
Manorama Online, 1 week ago
Jagran Post

India maintains easy stance, keeps rate unchanged

MUMBAI — India's central bank kept interest rates steady at 7.50 per cent yesterday, choosing to wait longer to assess inflationary pressures before making its next move, and to give banks more time to adjust lending rates to reflect previous rate ...
 Today Online1 week ago BANK OF JAPAN : Policy makers look to cut their way back to growth  4 Traders1 week ago Apple in talks to launch Apple Pay in Canada  Jagran Post10 hours ago Central Bank Tops PSB List for High NPAs  New Indian Express1 week ago

Bank shares in demand

Bank shares edged higher at 13:05 IST on BSE after rating agency Moody's upgraded India's sovereign ratings outlook. Among private sector banks, Kotak Mahindra Bank (up 4.15%), ING Vysya Bank (up 4.13%), IndusInd Bank (up 3.32%), Axis Bank (up ...
 Capital Market1 week ago HDFC Bank's India offer oversubscribed, seen encouraging other sales  The Financial Chronicle2 months ago HDFC Bank launches share offer in US, India to raise up to $1.6 bn  First Post.com2 months ago HDFC Bank sets Rs 1,057-1,067 price range for offering  Economic Times2 months ago
The Telegraph

UBI asset clean-up strategy

State-run United Bank of India (UBI) will continue with its loan recovery initiative as it aims to bring down its gross non-performing assets (NPAs) to below 10 per cent by the quarter ended June. Managing director and chief executive officer P. Srinivas said ...
 The Telegraph2 weeks ago UBI silent march on NPAs  Business Standard4 weeks ago

United Bank proposes Rs 1,000 crore preferential issue

State-owned United Bank of India today proposed a Rs 1,000-crore preferential issue to the government to meet its capital requirement and growth needs. The board today approved preferential allotment of equity to the Government of India as per SEBI regulation ...
 Economic Times2 months ago Gas pooling may revive Rs 60k-crore stuck investment  Rediff.com3 weeks ago
Financial Express

Axis Bank snips base rate 20 bps, LVB 15 bps

Axis Bank on Wednesday became the latest lender to trim its base rate after State Bank of India (SBI), HDFC Bank and ICICI Bank reduced their lending rates on Tuesday. The private sector bank cut its base rate by 20 basis points to 9.95% while ...
 Financial Express1 week ago Kotak Mahindra Bank reduces base rate by 15 bps to 9.85%  Financial Express4 days ago

SBI's home loan disbursement rises by 50% in FY15

Country's largest lender State Bank of India (SBI) today said the home loan disbursement in the Bengal circle has surged by 50 per cent to Rs 2,100 crore in the 2014-15 fiscal. "We have registered a growth of 50 per cent in disbursal of home loan in 2014-15 ...
 The Financial Chronicle2 weeks ago SBI sees 15% loan growth in FY16  Rediff.com3 weeks ago

Bankers resort to 'Gandhigiri' to recover dues from wilful defaulters

United Bank of India and Andhra Bank employees start organising silent protests outside houses and work places of defaulters. Bankers are resorting to 'Gandhigiri' – made famous by Rajkumar Hirani directed Bollywood movie Lage Raho Munna Bhai – to recover loans from wilful defaulters.  Employee unions of two state-run lenders – United Bank of India (UBI) and Andhra Bank – have started organising silent demonstration in front of house and work place of defaulters. ...
 Rediff.com4 weeks ago

UK bank RBS to move jobs to India

RBS has been cutting back its retail operations and the latest job cuts are also part of wider cost-cutting measures. Britain's largest state-owned bank Royal Bank of Scotland is to cut some 160 jobs in the UK and offshore around 60 of them to India. RBS has been cutting back its retail operations and the latest job cuts are also part of wider cost-cutting measures. According to Unite the Union, which represents the bank's staff, around 60 back-office roles are to be moved to India. "We will do ...
 Rediff.com2 months ago RBS to cut up to 14,000 jobs in investment banking unit  First Post.com1 month ago Britain's state-owned Royal Bank of Scotland to move jobs to India  DNA2 months ago

SBI gets shareholders nod for raising Rs 15,000cr from market

State Bank of India (SBI) today received shareholders' approval for raising Rs 15,000 crore through a public offer, including a rights issue, to fund business and meet global capital adequacy norms. The general meeting held today approved "to create, offer, ...
 The Financial Chronicle1 month ago SBI to raise Rs 15,000 crore through public issue  Deccan Herald2 months ago
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