Both Allahabad Bank and Canara Bank are in the race to acquire United Western Bank, UWB. C Mahajan, CMD of Allahabad Bank and MBN Rao, CMD of Canara Bank extrapolate on the benefits of taking over......
Enthused by signs of a strong economic recovery, bankssaid on Monday they expect a credit growth of 20-22 per cent in FY 11 and would wait for further policy cues prior to taking a call on hiking......
The government is finalising appointment of at least nine public sector bank chiefs and a dozen executive directors who would replace them or fill existing vacancies. RM Malla is set to move as......
The government has summoned nine public sector bank chiefs to discuss the liquidity and interest rate scenario and credit flow to seven sectors and for export refinance. Banking sources said that......
The Reserve Bank of Indiaon Friday prodded banks to reduce interest rates after the monetary policy measures announced by it over the last five months have failed to result in lower cost of funds......