National Bank Archives | BankBazaar - The Definitive Word on Personal Finance

Nabard’s funding for rural infra has crossed Rs. 1 lakh crore

According to a recent press report the loans offered to state governments by the National Bank for Agriculture and Rural Development (NABARD) has crossed the Rs 1,00,000-crore mark and currently stands at Rs 1,02,844 crore as on September 30, 2011. The lending includes loans offered to 28 states and the Union Territory of Pondicherry in… Read More »

Government asks banks to focus on core business

A recent press report said that the Government has asked the public sector banks who are currently extening their business into insurance, which is capital intensive business, are asked to concentrate on their core business. The Government has asked the banks to postpone their plans until the end of this financial year because it has… Read More »