The finance ministry is not only keen to split the roles of CMD, but also wants to appoint them for a fixed tenure of five years.
State Bank of India's push among fellow bankers to appoint an external agency to run debt-heavy Bhushan Steel might not be smooth sailing.
Bankers said fear of loan losses impairing their careers could make officers wary of sanctioning new loan proposals on their own.
Fresh hiring might slow as banks likely to focus on improving efficiencies.
Vijay Mallya, the embattled chairman of the UB Group, is not likely to be immediately named a wilful defaulter by the United Bank of India.
Writes to shareholders highlighting its performance, governance practices.
ICICI Bank, HDFC Bank and Axis Bank reported healthy loan growth and asset quality.
IBA has commissioned a study to evaluate the pros and cons of keeping banks shut on Saturdays.
With the advent of new banks, IT firms will get boostto their businesses.
Most players will need to burn the midnight oil to meet the deadline for creating a bank as well as specific norms set by RBI.
It is also learnt that Deutche bank has initiated a search for a new head of its private wealth management business in India
According to sources, a few hundred have been issued to Indian businessmen, celebrities and brand experts.
The Central Vigilance Committee has sought loan data from United Bank
The Reserve Bank of india is likely to tell state-run United Bank of India (UBI), which has seen erosion of capital due to bad loans and higher provisioning to implement prompt corrective action.
Some lenders in talks with LIC for pvt placement
Lender had 5.12 mn cards - almost a third of the total number of credit cards in the industry - at the end of November, 2013.
Loan defaults and restructuring to limit profits.
Outbound deal count in the current calendar year fell to 100 from 154 in 2012.
Currently, foreign lenders are present in India only through branches or representative offices.
The government is somehow convinced that selective low-rate lending will stimulate demand and accelerate economic growth that plunged to a four-year low of 4.4 per cent in the first three months of 2013-14.
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