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Idbi Bank Cmd Yogesh Agarwal

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RBI prods banks to cut interest rates

 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......

Govt finalises nine bank chiefs

 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......

Govt to meet 9 bank chiefs next week

 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......

'BOI has Rs 215-cr exposure to Maytas'

 Bank of Indiasaid on Thursday it has a non-fund based exposure of Rs 215 crore (Rs 2.15 billion) to Raju-family owned Maytas Infra, but has not provisioned it 'as it was not needed'. "We have given......

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