A recent press report said that YES bank’s profit has increased from 176 crore to 235 crore in the July – September 2011 compared to the previous year. Mr. Rana Kapoor, CEO and Managing Director YES Bank said that the growth in the profit was through the Diversification of income said by. The net interest… Read More »
A recent press report said that YES bank’s profit has increased from 176 crore to 235 crore in the July – September 2011 compared to the previous year. Mr. Rana Kapoor, CEO and Managing Director YES Bank said that the growth in the profit was through the Diversification of income said by. The net interest… Read More »
According to a recent press report, IndusInd bank has raised its deposit rates from 4 percent to 6 percent which is 2 percent more than the previous rate. Reports said that the private sector lender has increased the interest up to 200 basis points, and through this the bank will offer the customers around 6… Read More »
A recent press report said that the Reserve Bank of India has imposed penalty on two cooperative banks for not abiding by the norms of the central bank. The two cooperative sector lenders – the Pravara Sahakari Bank and the Baroda Traders Co-operative Bank have been imposed a monetary penalty of Rs. 5 lakh for… Read More »
The city Co- operative bank is one of the well known banks having almost 8 branches in Mumbai and 2 branches in Thane District. In addition to banking for conveniences of its customers the Bank is also providing insurance and other services. Its loan portfolio includes housing loan, personal loans, educational loans, business loans, mortgage… Read More »
According to a recent press release Moody’s has re-affirmed its rating for ICICI Bank and said the private sector lender has continued to maintain a healthy franchise and a strong liquidity, capitalization and earnings profile. The report also said that the probability of systemic support for ICICI Bank is high, given its sizeable retail deposit… Read More »
Abhyudaya Co-op. Bank Limited is one of the leading Urban Co-operative Banks in India and works with the objective of progress and prosperity of all. The bank’s operation was commenced on January 1964 as a Co-operative Credit society with a share capital of a merely Rs.5, 000/- held by 83 members. Today it has become… Read More »
According to a recent press report the finance ministry said that it was committed to capitalizing State Bank of India. One of the finance ministry officials said that SBI’s capitalization program was independent of the perception of global rating agencies. According to reports the ministry has said that investors should not be worried with the… Read More »
A recent press report said that HSBC and Royal Bank of Scotland (RBS) are expected to meet banking regulator RBI to make decisions on the issue related to the awaiting acquisition of select assets of RBS. A report said that the senior management from RBS and HSBC has planned to meet the RBI. According to… Read More »
A recent press report said that two people were arrested in southeast Delhi for allegedly forging documents and cheating ICICI bank of over Rs 63 lakh. The accused were been identified as Girish Pathak and Jitender Singh, said cops. According to reports the accused had faked the signature of the customer and placed a request… Read More »