Public-sector banks, including Canara Bank and Bank of India, are tapping the infrastructure bond market. Illustration: Uttam Ghosh/Rediff.com Canara Bank on Tuesday raised Rs 10,000 crore at a......
For over a decade, HDFC Bank consistently outperformed industry growth rates in both deposits and advances, maintaining impeccable asset quality. IMAGE: Sashidhar Jagdishan, managing director and......
State Bank of India chairman Dinesh Kumar Khara has pitched for tax relief on interest income, saying it would help banks to garner savings that could be used for funding long-term infra projects.......
'We may see little softness in liquidity position after stabilisation of the government.' Illustration: Dominic Xavier/Rediff.com The robust credit demand is giving an opportunity to lend at......
Banks are preferring instruments with higher premium over government securities for their held-till-maturity (HTM) portfolio, following the new investment norms, which came into effect from April......