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Indian Banks Association News

  • 'Benign inflaton needed for sustained growth' Thursday, July 14, 2011 @ 3:04PMState Bank of India (SBI) Chairman Pratip Chaudhuri today said some benign inflation was needed for sustained growth and a high interest rate regime was not conducive in the long run.
  • Students' degrees could soon brand them defaulters Wednesday, July 13, 2011 @ 12:21PMIf you've defaulted on repaying an education loan, soon that fact could be stamped on the back of your degree or diploma certificate. The Indian Banks' Association (IBA) is said to be considering such a proposal to bring down non-performing assets (NPAs) in education loans.
  • Banks against deregulation of savings rate, write to RBI Wednesday, July 13, 2011 @ 8:22AMBanks against deregulation of savings rate, write to RBIBanks against deregulation of savings rate, write to RBI
  • Banks oppose savings rate deregulation Wednesday, July 13, 2011 @ 8:10AMThe RBI's recent moves to calculate interest rate on a daily basis and increase the interest rate on savings accounts to 4 per cent is already hurting the banks, he said, adding that the IBA recently wrote to the RBI about its reservations on the subject.
  • Education loan growth in public sector banks dips Thursday, July 7, 2011 @ 1:35PMThe education loan growth rate in public sector banks (PSBs) is witnessing a continuous declining trend.
  • India, in real time: 4th July 2011 Sunday, July 3, 2011 @ 10:30PMIndia is a country on the go; at any given moment in time, there is much happening in the fields of politics and governance, of finance, of development; there is constant churning in society, considerable activity in sports and in the arts... It's almost too much to keep track of. And hence, this effort: a real-time, constantly updated look at the events that matter.
  • Getting away is not all it's cracked up to be Thursday, June 30, 2011 @ 9:26AMThe article ''When it all gets too much, take $7000 to escape the rat race'' (June 29) is misleading and gives a false hope to city slickers who want to escape the car park called Parramatta Road or Victoria Road. Wanting to do the same, I spent a year in a sea resort town where the pleasure of living had been advertised.
  • Dewan Bahasa Dan Pustaka's Role In Promoting Malay Wednesday, June 29, 2011 @ 11:25PMThis is the last of a seven-part series that dwells on critical issues relating to the fate of the Malay language. Part 7 discusses Dewan Bahasa dan Pustaka's (DBP) role in upholding the status of, and advancing the national language.
  • Census numbers show Gifford, historically black, now mostly white Tuesday, June 28, 2011 @ 7:38AMGIFFORD — Corrine Frost is proud to tell anyone where she lives.
  • Ameriprise Financial Awards $1.1 Million in Grants to Nonprofits Monday, June 27, 2011 @ 1:30PMMINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial, Inc. recently awarded 77 grants, totaling more than $1.1 million, to nonprofit organizations.
  • NUTS: Hackers Run Amok, Patent Wars Continue Sunday, June 26, 2011 @ 11:05AMHackers are hitting governments agencies worldwide, while the build-up for Nortel?s bankruptcy
  • Treasure Coast Food Bank's Judith Cruz named to food advocacy boards Thursday, June 23, 2011 @ 1:34PMTreasure Coast
  • Government To Pay Interest For Study Loans Wednesday, June 22, 2011 @ 12:11PMNew Delhi, Jun 22 : Students pursuing professional or technical studies with loans from banks were advised today about a year old government scheme to provide full interest subsidy on educational loans during moratorium period.
  • Bank unions at it again, call for strike on July 7 Tuesday, June 21, 2011 @ 9:28AMMumbai, Jun 21 (PTI) Bank employees across the country will strike work on July 7 to protest against the government decision to dilute its equity in the banks and giving foreign investors additional voting rights."We are against any such activities being carried out under the garb of banking reforms. Over 10 lakh employees across the banking system will be going on a single-day strike," All ...
  • Exporters seek interest rate discount scheme Sunday, June 19, 2011 @ 4:11PMExporters have raised the pitch for re-introduction of interest rate discount scheme following the recent hike in key lending rates.
  • RBI raises repo rate by 25 bps, signals more increases Thursday, June 16, 2011 @ 6:45AMMUMBAI (Reuters) - The Reserve Bank of India (RBI) raised interest rates on Thursday for the 10th time in just over a year to combat stubbornly high inflation and signalled more increases to come even as growth in Asia's third-largest economy is slowing down.
  • Health calendar Tuesday, June 14, 2011 @ 2:05PMStroke law aims to imp
  • New US tax rule worrying overseas bankers Monday, June 13, 2011 @ 6:37PMOverseas banks have begun a big campaign against sweeping US tax law reforms. The reforms, that will force overseas institutions to report on the holdings of American clients, were passed by Congress last year.
  • Small surge in May homes prices Monday, June 13, 2011 @ 11:12AMExisting-homes prices in the Orlando area made their regular spring uptick from April to May, rising 4 percent to a median of $110,000, according to a new report by the Orlando Regional Realtor Association.
  • Donate, receive blood in Pune by sending an SMS Monday, June 13, 2011 @ 5:04AMNow, a text message on the mobile phone is all that a blood bank needs to do to find a donor. At the same time, voluntary donors too can register themselves using the same service.
  • Indian Activists Fight Corruption Sunday, June 12, 2011 @ 8:37PMAs corruption runs amok in India, a colorful cast of activists takes on the politicians.
  • China: Stop oil search in Spratlys Thursday, June 9, 2011 @ 8:23AMChina warned Asian neighbors on Thursday to stop searching for oil near the disputed Spratly Islands and vowed to assert its sovereignty over the potentially petroleum-rich territory in the South China Sea despite rival claims. At the same time, however, China gave assurances Beijing would assert its right over the disputed region diplomatically. “We will never use force, unless we are attacked ...
  • U.S. Recreational Boating Industry Announces Top Ten States for Boating Wednesday, June 8, 2011 @ 1:00PMDiscover Boating identifies the best spots for getting off the dock this summer
  • Kanpur doctors on day-long hunger strike Wednesday, June 8, 2011 @ 4:24AMKanpur, Jun 8 (PTI) City doctors today went on a day-long hunger strike to demand return of black money stashed in banks abroad and criticised the police action against yoga guru Baba Ramdev.
  • IDCA Hosts Pete Zegarac of the US Postal Inspection Service, Transguardian and the Diamond Dealers Club of NY at 27th ... Monday, June 6, 2011 @ 2:05AMThe Indian Diamond and Colorstone Association (IDCA) held its 27th Annual Dinner and Awards Ceremony at the Mandalay Bay Hotel, Las Vegas, on Saturday, June 04. Special guests were Pete Zegarac, Inspector in Charge of the US Postal Inspection Service, Phoenix Division, Lou Rohde, Director of Member Services of the Diamond Dealers Club of NY (DDC), and Jim and Madlene Moseley, principals of ...
  • PSBs to hire over 4 lakh in two yrs Tuesday, May 31, 2011 @ 7:11PMHiring by public sector banks is expected to cross the four lakh mark in the next couple of years as lenders prepare for a huge wave of retirement of employees.
  • Mike Hogan to public officials, family, friends: Newspaper wasn't fair, balanced Tuesday, May 31, 2011 @ 3:22PMDefeated Republican mayoral candidate Mike Hogan complained Sunday to public officials, family and others that The Times-Union's coverage of his campaign was unfair, while Democrat Alvin Brown got an undefined "pass" on his road to victory, according to an email obtained by the newspaper today. read more
  • Public sector banks will recruit big-time this year too Tuesday, May 31, 2011 @ 1:04PMBusiness Line (from left) Mr K. Ramakrishnan, Chief Executive, Indian Banks’ Association, along with Dr K. C. Chakrabarty, Deputy Governor, RBI,and Mr M. Balachandran, Director, Institute of Banking Personnel Selection, at a seminar in Mumbai on Tuesday.
  • Asset quality of banks is a matter of concern: Pranab Saturday, May 21, 2011 @ 6:03PMMumbai, May 21 (PTI) In the backdrop of banks', including State Bank of India's, rising non-performing assets, Finance Minister Pranab Mukherjee today said their asset quality is a matter of concern. "The asset quality of the banks is a matter of concern.
  • FM asks banks to bring down bad assets Saturday, May 21, 2011 @ 5:02PMMumbai, May 21: Finance minister Pranab Mukherjee today expressed concern over rising non-performing assets (NPAs) of banks.
  • Rising bank loan defaults a cause for concern, says Pranab Saturday, May 21, 2011 @ 12:26PMThe rise in the default of loans disbursed by state-owned banks appears to have set the alarm bells ringing in the Finance Ministry. The Finance Minister, Mr Pranab Mukherjee, on Saturday said the asset quality of banks' is a cause for concern.
  • Major challenge in short term is inflation: Mukherjee Saturday, May 21, 2011 @ 12:08PMMumbai, May 21 : Union Finance Minister Pranab Mukherjee today said the major challenge in the short-term is inflation as inflationary pressures persist both from higher global commodity prices and domestic structural demand-supply imbalances in several commodities.
  • Air India to join Star Alliance by July Thursday, May 19, 2011 @ 12:52PMNational carrier Air India Thursday said its induction process into global airline association Star Alliance would be achieved in July.
  • FAPCCI seminar on MSMEs US opportunities Thursday, May 19, 2011 @ 12:19PMHyderbad, May 19:The Federation of Andhra Pradesh Chambers of Commerce and Industry (FAPCCI) in association with Indo-American Chamber of Commerce and Indian Society for Public and International Affairs, Pune organised a seminar on ‘Indo- American Trade-Business Opportunities for MSMEs’ at Federation House here today.
  • Research and Markets: Renewable Energy Certificate: Push to Renewable Energy Development Thursday, May 19, 2011 @ 11:56AMResearch and Markets has announced the addition of the "Renewable Energy Certificate: Push to Renewable Energy Development" report to their offering.
  • Wagon trains roll this weekend across Route 40 Thursday, May 19, 2011 @ 10:22AMWagon trains will roll along Route 40 in Somerset, Fayette and Washington counties Friday through Sunday as communities along the way celebrate the 38th annual National Road Festival.
  • Weekend Guide Wednesday, May 18, 2011 @ 11:46PMRAY MANZAREK & THE ROY ROGERS BAND Diesel, Thurs. 8 p.m. $25-$35. 1-877-435-9849. KRISTOFF KRANE Garfield Artworks, Thurs. 8 p.m. $7. 412-361-2262. FAREWELL CONTINENTAL/GOLD MOTEL Club Cafe, Fri. 7 p.m. $12. 1-866-468-3401.
  • Indian Farmers to Boost Oilseed Output, Cutting Palm Oil Imports Wednesday, May 18, 2011 @ 10:19PMIndia, the world’s biggest user of cooking oil after China, will assure higher oilseeds prices for farmers, helping them boost output of soybeans and peanuts and potentially reducing imports of palm oil.
  • India, in real time: 18th May 2010 Tuesday, May 17, 2011 @ 10:02PMIndia is a country on the go; at any given moment in time, there is much happening in the fields of politics and governance, of finance, of development; there is constant churning in society, considerable activity in sports and in the arts... It's almost too much to keep track of. And hence, this effort: a real-time, constantly updated look at the events that matter.
  • TENN. SENATE OKS REVERSAL OF 'GENDER IDENTITY' LAW Friday, May 13, 2011 @ 3:53PMBaptist Press Stories for May. 13 2011 --------------------------------------- Mo. flood destroys church, but pastor sees silver lining http://www.bpnews.net/BPnews.asp?ID=35292 8,400 S. Baptists volunteer for Ala. DR http://www.bpnews.net/BPnews.asp?ID=35293 Miss. Baptists step out to help http://www.bpnews.net/BPnews[[[SHIFTIN ...
  • Treasure Coast Golf Scores: May 12, 2011 Wednesday, May 11, 2011 @ 10:26PMHere are the latest area scores
  • SBI lifts prime lending rate 75 basis points to 14%; demand for homes, cars to fall Tuesday, May 10, 2011 @ 7:22PMSBI lifts prime lending rate 75 basis points to 14%; demand for homes, cars to fallSBI lifts prime lending rate 75 basis points to 14%; demand for homes, cars to fall
  • SBI raises benchmark prime lending rate 75 basis points to 14% Tuesday, May 10, 2011 @ 7:07PMSBI raises benchmark prime lending rate 75 basis points to 14%SBI raises benchmark prime lending rate 75 basis points to 14%
  • Remember When: A community review Tuesday, May 10, 2011 @ 5:22PMTonganoxie city council members, originally poised to discuss the merits of a casino Monday night, instead tabled the issue indefinitely.
  • Check out seminars, stamp and coin expo, student exhibits and other events Tuesday, May 10, 2011 @ 1:06PMTimes staff Tuesday, May 10, 2011 ST. PETERSBURG Event focuses on good customer service Ed Horrell, founder of the Memphis-based "Kindness Revolution," will be the guest speaker on Thursday at a reception sponsored by the Keefe Law Group at Hotel Indigo, 234 Third Ave. N. "A Celebration of Kindness" runs from 5:30 to 7 p.m. The program will focus on businesses that excel in customer service. $15 ...
  • Guidelines for banks, HFIs on property valuation in a month Saturday, May 7, 2011 @ 1:36PMReal estate valuation guidelines, which would serve as a benchmark for banks and housing finance institutions (HFIs) to determine the property loan amount, are likely to be in place by the end of this month.
  • Foolish trivia Thursday, May 5, 2011 @ 2:40AMFounded in 1966 by several banks as the Interbank Card Association, today I'm a global payment giant. I process more than 23 billion transactions annually, totaling $2.7 trillion in 2010. Mine was the first payment card issued in China. Some think I'm priceless, but the market values me as a company around $35 billion. Who am I?
  • Comment on The Migrant’s Eye by boh-liao Wednesday, May 4, 2011 @ 11:31PMWell written, though d facts r well known Yes, smart Malays bcome Umnoputras, n smart nonMalays either transform themselves 2 Malays 2 join UmnoB or willingly bcome boh hood K 9 licking their UmnoB bosses
  • Comment on The Migrant’s Eye by DAP man Wednesday, May 4, 2011 @ 11:31PMThis is like a university thesis but if presented in a Malaysian University, this writer will fail his exam. Why? Because his professors are all Malays who don't understand a thing he is writing.
  • Comment on The Migrant’s Eye by tak tahan Wednesday, May 4, 2011 @ 11:31PMSure failed 1 la.I don't even understand half of it albeit i'm one of the brain drain in no speaking english country...so never mind..no worry...i'll read more 'kuai loh' after i'd touched down the KLIA air port in no time from Manchester United to help spawn new innovative rescue plans and better developments for our nation to not currently towards gradually plunging into gutter.