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MUMBAI, Thursday, January 29, 2015

Not ready for full capital account convertibility: RBI Deputy Governor

India is not ready for full capital account convertibility, Reserve Bank of India Deputy Governor H. R. Khan said here on Thursday.“The pros and cons of full capital account openness is a... »
NEW DELHI, Thursday, January 29, 2015

SC allows creditor banks to decide NPA norms

Serving a blow to borrowers, especially in the industrial sector, the Supreme Court upheld a 2004 amendment in law enabling banks to follow different guidelines for declaring bad loans as 'non-pe... »
More on financial and business service AND: bankingloans
New Delhi, Tuesday, January 27, 2015

Union Bank Q3 net dips 13%

Impacted by higher provision towards bad loans, Union Bank of India’s net profit dipped by 13.2 per cent at Rs. 302 crore for the quarter ended December 31, 2013 compared to Rs. 348 crore in the c... »
More on financial and business service AND: bankingquarterly or semiannual financial statement
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