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Federal Bank seeks FIPB nod to raise shareholding limit 27 Aug 2013 | 08:55 am
After Axis Bank, Kerala-based old private lender Federal Bank has approached the Foreign Investment Promotion Board (FIPB) to increase its foreign shareholding limit to 65 per cent. The bank had cros...
Canara Bank sees 17-18% growth in loan 27 Aug 2013 | 08:54 am
Canara Bank is confident of seeing better credit off-take than the national average during the current fiscal. R.K. Dubey, CMD of Canara Bank, told Business Line that the bank may see 17-18 per cent ...
Syndicate Bank branch shifted 27 Aug 2013 | 08:51 am
Syndicate Bank’s Marine House branch in Kolkata has shifted to a new spacious premise in the same building on Monday. According to a press release, the new premise of the branch was inaugurated by Rav...
Post-offices in makeover mode to woo youth 27 Aug 2013 | 08:48 am
“This almost looks like a plush branch of a private bank.” This is how Yellapragada Rajasekhar, a 24-year-old techie with TCS, reacted on entering a new-generation post-office inaugurated recently her...
SBI, PNB among five PSU banks charging customers for SMS alerts 25 Aug 2013 | 08:27 am
Five public sector banks, including SBI and PNB, charge customers for SMS alerts even though the Reserve Bank of India (RBI) hasn't issued any guidelines in this regard. "As per information received ...
United Bank of India to open 1,000 ATMs in FY'14 25 Aug 2013 | 08:26 am
State-owned United Bank of India said it plans to open 1,000 ATMs and about 250 branches in the current fiscal to increase its delivery channel. "We intend to open 1,000 ATMs and 270 branches during ...
Your bank charges you for SMS alerts 25 Aug 2013 | 08:20 am
Did you know that your bank is debiting money from your account for providing SMS alerts? If you didn't, it's time you checked the last bank statement or the passbook. Banks, led by State Bank of Ind...
Lakshmi Vilas Bank hikes lending rates by 25 bps 24 Aug 2013 | 07:22 am
Lakshmi Vilas Bank has increased its base rate or the minimum lending rate by 25 basis points (bps) to 11.25 per cent (from 11 per cent). The private sector bank also hiked its fixed deposit rates fr...
V. Kannan to head Vijaya Bank 24 Aug 2013 | 07:12 am
The Centre has appointed V. Kannan as Chairman and Managing Director of Vijaya Bank. Kannan, who is currently an Executive Director at Oriental Bank of Commerce, is expected to assume charge of his ne...
Exim Bank to open Myanmar office in September 24 Aug 2013 | 07:10 am
The Export Import Bank of India will open its eighth overseas office in Yangon, the capital of Myanmar, next month, a senior official said on Friday. This is being done as a follow up to Prime Minist...
