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IANS
New Delhi, July 30, 2014
The government-run State Bank of India has five associates -- State Bank of Bikaner and Jaipur, State Bank of Travancore, State Bank of Patiala, State Bank of Mysore and State Bank of Hyderabad.


Anand Adhikari
August 4, 2014
\"I'm looking at bringing in a lot of technology in the areas of generating new business as well as improving the credit processes,\" says SBI chairwoman Arundhati Bhattacharya, . Thrust on data analytics - discovery and communication of meaningful patterns in data - is a key element of her strategy.


PTI
Mumbai, July 23, 2014
The bank's provisions nearly halved to Rs 386.60 crore in the reporting quarter from Rs 712.25 crore in the same period last year.


PTI
New Delhi, July 19, 2014
Finance minister Arun Jaitley said the capital would be raised by the banks without diluting public sector characteristics in them. So, the government stake in the banks would remain over 51 per cent.


Marina Lopes
Washington, July 16, 2014
The company also plans to develop cloud services optimized for Apple's mobile operating system, iOS.


PTI
Mumbai, July 14, 2014
The ICICI Bank MD and CEO, however, warned that the continuing stress on the corporate sector as a whole would still impact the cash flows and therefore the NPAs could still continue to rise, although at a slower rate than the last fiscal.


Anand Adhikari
July 11, 2014
The exemption from SLR and CRR will reduce the cost of funds of the banks. Today the banks end up deploying a major part of CASA deposits as SLR and CRR, which gives very low returns.


N Madhavan
July 11, 2014
Rajan said the banking regulator is looking at '525 loans' which funds infrastructure projects that take five years to build and are repaid over 25 years and will come out with the details in the next few days.


Sarika Malhotra
July 10, 2014
The biggest draw for the sector is Finance Minister Arun Jaitley facilitating private-sector participation by encouraging banks to extend long-term loans with flexible structuring options.


Anand Adhikari
New Delhi, July 10, 2014
The 2014/15 budget has laid out a clear road map to raise resources for public sector banks that control more than two-thirds of the Indian banking system.


Arpita Mukherjee
July 9, 2014
\"(The) current scenario expects start-up compliance to be on a par with a high-scale business set-up, often acting as a bottleneck to new entrepreneurs to focus on business,\" says Aprameya Radhakrishna, Co-founder, TaxiForSure, an online taxi booking platform.


Agencies
New Delhi, July 9, 2014
A day ahead of presenting his maiden Budget, Finance Minister Arun Jaitley tabled the Economic Survey in Lok Sabha. Here are the key highlights from the document.


www.businesstoday.in
July 7, 2014
The infrastructure sector should get a boost through more investments and increased public-private partnership models to overcome structural bottlenecks.


PTI
New Delhi, July 7, 2014
\"EPFO has settled 11.94 lakh claim in the month of June 2014 and 34 per cent of these claims were settled within three days and 67 per cent within 10 days,\" said an EPFO statement after a review meeting held by the Central Provident Fund Commissioner K K Jalan.


Goutam Das
July 2, 2014
Vishal Sikka inherits an Infosys where Narayana Murthy has cut costs and increased margins. He also has to deal with the rampant loss of top talent and the heartburn caused by an Executive Assistant's overarching role.


Anand Adhikari
July 15, 2014
The CDR mechanism was created in early 2000 to help distressed corporates with a loan exposure of over Rs 10 crore. If a CDR fails, the asset is classified as an NPA. Today, many corporates are going down despite huge debt restructuring packages.


PTI
Zurich/New Delhi, June 30, 2014
As Switzerland commits to cooperate in India's fight against black money, a new strategy of 'layering' through gold and diamond trade has come to light at Swiss banks to thwart any attempt for identification of real beneficiary owners of funds entrusted with them.


Tanvi Varma/Money Today
July 28, 2014
The uncertainty around interest rates is likely to continue in the foreseeable future. Experts in the industry expect these movements to be governed largely by inflation trends and advice you to plan investements on a medium-term basis.


Teena Jain Kaushal/Money Today
July 12, 2014
Did you know there is an insurance cover that comes with air tickets. It makes airlines liable to pay compensation for loss or damage to your luggage, besides injury or death, due to their fault. Here are some more covers you probably don't know about.


PTI
Mumbai, June 26, 2014
The report noted that the marginal improvement was due to sales of non-performing assets and an overall improvement in asset quality by banks during the March quarter.


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