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PTI
New Delhi, September 20, 2012
The government has been encouraging transactions through e-payment channels to reduce the number of transactions through cheques and other expensive modes.


BT Online Bureau
New Delhi, August 23, 2012
Services including cheque clearances and fund transfers were hampered due to the stir called to protest against reforms in the sector and outsourcing of non-core services to private sector.


PTI
New Delhi, August 18, 2012
Finance Minister P Chidambaram will meet heads of PSU banks to discuss issues related non-performing assets of PSBs, private sector banks and measures for prevention of new accretion of NPAs.


Mint
July 9, 2012



Tanvi Varma/Money Today
May 17, 2012
That bank stocks are on a comeback path is clear. What is not so clear is which of the two - public sector banks or private sector banks - will give better returns. Experts, however, say PSU banks have many things going for them.


BT Online Bureau
New Delhi, March 13, 2012
Kingfisher Airlines has a debt of Rs 7,057.08 crore. Tax authorities have added to its woes by freezing its bank accounts for non-payment of taxes.


SPS Pannu
New Delhi, October 24, 2011
As the finance ministry prepares to pump Rs 10,000 to Rs 20,000 crore to strengthen the country's public sector banks (PSBs) it also wants them to revamp their working style and achieve higher levels of efficiency in return.


PTI
Mumbai, October 22, 2011
Fearing credit turning bad assets in the wake of high interest rates, a number of state-run banks, led by SBI, have decided to raise home loan tenors to 25-30 years or till the borrower touches 70.


PTI
New Delhi, September 6, 2011
Floating rate loans pass on the interest rate risk from banks, which are much better placed to manage it, to borrowers and, thus, banks only substitute interest rate risk with potential credit risk, the Ombudsmen noted.


Tanvi Varma
July 21, 2011
The banking sector may not be the hottest spot at present, but watch out for cues on when to invest in it.


Tanvi Varma/Money Today
July 2, 2011
The banking sector may not be the hot spot to be in right now, but watch out for cues on when to get in.


Anuradha Shukla
New Delhi, June 9, 2011
According to an estimate by the Indian Banks' Association (IBA),public sector banks alone require at least four lakh new employees in the nexttwo years.


PTI
Mumbai, April 1, 2011
Bhatt's indelible legacy would be his special home loan rates or teaser rates, which helped SBI dislodge HDFC from its No 1 position in mortgage market.


PTI
Mumbai, March 10, 2011
HSBC India revises its minimum lending rate by 50 basis points to 8.5 per cent. The new rate will be effective from Thursday.


Shalini S. Dagar and K.R. Balasubramanyam
December 24, 2010
Public sector banks dominate the best banks rankings, with a clutch of them making big gains.


PTI
Mumbai, December 6, 2010
The Prime Minister's economic panel on Sunday cautioned banks against heavy dependence on mutual funds for meeting funding requirements, saying that the money from that source is volatile.


Mail Today Bureau
Mumbai , September 8, 2010
Duvvuri Subbarao pitches for higher compensation for public sector bank (PSB) employees, for they have to compete with private sector banks on a level-playing field.


Anand Adhikari
May 26, 2010
Punjab National Bank, with K.R. Kamath at the helm, has come from behind to dethrone ICICI Bank from the #2 spot in Indian banking in terms of total business. The latter, however, claims it hasn't been displaced if you compare the two banks' total assets.


Shalini S. Dagar
December 3, 2009
In a year credit was tight, public sector banks made merry, with three of them vaulting into the top six.


Anand Adhikari
November 26, 2009
The 16th BT-KPMG study on Indian banks throws up a new winner as well as a pack of surprise climbers, and highlights the shifting trends in Indian banking.


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