India government did not have any outstanding loans from the RBI in the week ended November 5, 2010, according to the weekly statistical supplement of the Reserve Bank of India on Friday. View full post on All Stories

The State Bank of India on Monday reported a flat growth in net profit for the July-September quarter due to higher provisioning on various fronts including gratuity and the burden of bad debt acquired from its merger with State Bank of Indore. View full post on All Stories

The Reserve Bank of India (RBI) Tuesday tightened the norms for home loans, asking banks to cap the loan amount at 80 percent of the cost of the house to check possible defaults and prevent an asset bubble. View full post on All Stories

Indian government did not have any outstanding loans from the Reserve Bank of India (RBI) in the week ended October 15, 2010, the RBI said on Friday. View full post on All Stories

Indian government did not have any outstanding loans from the Reserve Bank of India (RBI) in the week ended October 1, 2010, the RBI said on Friday. View full post on All Stories

Loans are set to be costlier with most banks raising their base rates, even as the Reserve Bank of India is trying to fight inflation by tightening the monetary policy. View full post on All Stories

In a year when India’s economy started shrugging off the negativity of the global financial crisis and companies began posting better profits, foreign banks in the country slashed their headcount and gave out fewer loans, according to the Reserve Bank of India (RBI). View full post on All Stories

In the preceding years, the banking domain of the country was not like as it is now. It has matured a lot in past 10 years or so and has gone through some important transformations over a period of time. The banking system has modified itself to satisfy the needs of its growing customers. At [...]