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

AHN News Staff New Delhi, India (AHN) – For the sixth time in 2010, the Reserve Bank of India (RBI) increased the interest rates by another 25 basis points (bps) just to check the inflation rate, which has shown no signs of reduction for the past more than one year. The repo rate at which [...]

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 [...]