Senior citizens go big on small savings scheme
The collections under the government's small savings scheme for senior citizens more than tripled in April, as those eligible scrambled ...
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Tag: banks
Credit card spends in foreign currency to attract 20% TCS
New Delhi: Foreign currency payments such as digital subscriptions to publications or goods bought on foreign ecommerce sites through international ...
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Vedanta Resources Ltd taps global banks for $500-600 million loan
Anil Agarwal-promoted Vedanta Resources Ltd (VRL) is in discussions with Deutsche Bank and other global lenders including JPMorgan and Barclays ...
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Bank of Baroda ‘well protected’ for switch to RBI’s new loan-loss proposal, says CEO Chadha
Bank of Baroda does not foresee any challenges in adhering to the central bank's proposed loan-loss mechanism given its improved ...
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Russian companies investing rupee surplus in Indian government bonds: IBA chief
Russian banks and companies who have trade surpluses with Indian lenders are using those rupee funds to invest in domestic ...
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Banks flag high overnight rates, liquidity terms
Banks have conveyed their concerns about persistently high overnight rates and liquidity conditions to the Reserve Bank of India (RBI) ...
Read moreBank of Baroda made provision of Rs 500 cr against GoFirst exposure
Indian state-owned lender Bank of Baroda's MD & CEO on Tuesday said that a provisioning of Rs 500 cr was ...
Read moreBanks play safe on lending to airlines after Go Air bump
Indian airlines may find it harder to take loans as banks have become cautious to lend to the sector after ...
Read morePSU banks raising stakes in interest rate derivatives to diversify risk management
Mumbai: The Reserve Bank of India has often exhorted banks to utilise the domestic derivatives infrastructure to mitigate risk from ...
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Govt panel may ready new list of public sector banks for privatisation
New Delhi: The government may set up a panel to draw up a fresh list of public sector banks that ...
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