We are Sorry, This Page doesn't Exist

Bond yields could slip, easing mark-to-market provisioning pain for banks; housing finance companies can access foreign borrowings.....»»

Lebanese banks said on Monday they would ensure public sector workers were paid their salaries as they remain closed by a wave of protests against politicians blamed for corruption and steering Lebanon toward economic collapse......»»

Lebanese banks will stay shut on Tuesday amid ongoing unrest, but are working to ensure public and private sector workers receive their salary payments, the country's banking association said on Monday......»»

The Federal Reserve on Monday approved a proposal for new rules to govern foreign banks that an analyst said were ‘positive’ for the sector......»»

With this, the government in a statement reiterated its commitment to not interfere with senior level appointments in the public sector banks.....»»

Top officials of about 16 public sector banks attended the meeting, which lasted for over three hours.....»»

Tepid loan growth and higher credit cost to weigh on earnings at private corporate lenders.....»»

Leading public sector lenders State Bank of India (SBI) and Punjab National Bank (PNB) have put their 15 non-performing assets worth Rs 1,063 crore for sale. Both the banks said they will conduct the e-auction on 20th of this month.....»»

What we need to do is to fix responsibility for any laxity and undue favours in the process of sanctioning such loans - essentially looking for possible frauds.....»»

The CBI has not named any other board-level executive of public sector banks in the case so far, but sources said the roles of other PNB CEOs and a few officials of the RBI were being investigated.....»»

The results have made analysts cautious on public sector banks (PSBs) that are saddled with a large quantum of non-performing assets (NPAs).....»»

Under the first tranche of recapitalisation, the government infused Rs 800 bn through bonds in public sector banks last financial year.....»»

Under the first tranche of recapitalisation, the government infused Rs 800 bn through bonds in public sector banks last financial year.....»»

Corporate governance in public sector banks requires more attention, said Rajiv Kumar.....»»

At present, 11 out of 21 PSBs, which constitute about 20% of the market share, are already under the PCA framework.....»»

Consequently, banking activities in public sector banks across the country have been interrupted.....»»

Banking operations across the public sector banks have come to a halt as a result of two-day strike on May 30-31 organised by the employees against a wage increment offered by IBA......»»

In a 5-4 ruling Tuesday, The Supreme Court ruled that public sector unions for state and local employees can't force no.....»»

A landmark Supreme Court decision Wednesday could deal a financial blow to public-sector unions and public pensions, h.....»»

German lender NordLB's chairman Reinhold Hilbers said on Friday the German state of Lower Saxony was reviewing how it could strengthen the public sector lender's balance sheet after it scored worst among German banks in European stress tests......»»