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Small banks hold on to upgrade plans

New Delhi, June 22 -- The recent statements of the chiefs of Ujjivan Small Finance Bank and Jana Small Finance Bank give the impression that they are keeping their eyes firmly on the prize. The RBI r... Read More


FCNR (B) deposits: Banks' may face a tricky situation

New Delhi, June 15 -- Banks may face a tricky situation in their bid to attract fresh Foreign Currency Non-Resident (Bank) deposits under the Reserve Bank of India's recent measures to attract foreign... Read More


Attractive short-term interest rates trigger demand for short-term funds from banks and India Inc

New Delhi, June 11 -- There is no let up in demand for short-term funds of up to one year tenor from banks and India Inc despite the economy facing external headwinds due to the West Asia conflict as ... Read More


ARCs seek review of SARFAESI Act and their functioning

New Delhi, June 8 -- Lenders such as banks and financial institutions clean up their balance sheets through the sale of stressed assets to ARC Asset Reconstruction Companies (ARCs) have sought a re... Read More