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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 banking AND: loans
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 banking AND: quarterly or semiannual financial statement
Davos, Monday, January 26, 2015

RBI may ease rates further: Chief Economic Advisor

Lauding RBI’s role in helping bring down inflation, Chief Economic Advisor Arvind Subramanian said the central bank may further ease the interest rates as improvement on price front has opened the... »
More on banking AND: central bankinflation and deflation
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