Banking Simplified : Unified Payment Interface
The Indian banking sector has seen unprecedented growth along with remarkable improvement in its quality of assets and efficiency. Ten of the country's biggest banks along with the Reserve Bank of...
View ArticleGood monsoon to help agriculture GDP grow by 7-8% in FY17: SBI
Mumbai: Country's agricultural GDP is most likely to witness a robust performance in 2016-17 and may even touch 7-8 percent if Met's prediction of a good monsoon comes true, says a SBI report.The India...
View ArticleVijay Mallya takes Rs 1.7-crore pay package from US brewery firm
London: Beleaguered liquor baron Vijay Mallya got a pay package of over Rs 1.7 crore last year from his US-based brewery firm that itself is struggling for funds and has been served 'default' notices...
View ArticleNetaji's driver Col Nizammudin - the oldest man alive - opens joint bank...
New Delhi: Colonel Nizammudin - the man who had played a pivotal role in forming the Azad Hind Fauj and a close aide of late freedom fighter Subhash Chandra Bose - has created a history of sorts by...
View ArticleSBI chief flays over-focus on retail, ignoring infra lending
Mumbai: Speaking out against banks being "goaded" to focus only on the retail segment, SBI Chairperson Arundhati Bhattacharya on Monday wondered who will do the job of infrastructure financing in the...
View ArticlePayments banks do not have a viable business model: SBI chief Arundhati...
Mumbai: Small and payments banks have not yet devised a business model which can be termed viable, SBI Chairperson Arundhati Bhattacharya said Monday."Neither the payments banks nor small finance banks...
View ArticleSBI may close some foreign branches after review
Mumbai: The nation's largest lender State Bank of India Monday said it will undertake a detailed review of its international operations and may close some non-lucrative branches."We do a yearly review...
View ArticleDRT to resume hearing on banks' plea countering UBHL'S claims
Zee Media BureauNew Delhi: The Debt Recovery Tribunal (DRT) on Thursday will resume hearing on counter objections filed by SBI-led consortium of banks against Vijay Mallya-controlled UBHL's claim of Rs...
View ArticleWe have received request from ED regarding deportation of Vijay Mallya: MEA
Zee Media BureauNew Delhi: In the latest, Ministry of External Affairs (MEA) has said on Friday that it has received request from the Enforcement Directorate (ED) regarding deportation of Vijay Mallya...
View ArticleShocking! 10 most influential brands in India are hardly Indian
Gallery Data: Image: http://ste.india.com/sites/default/files/airtel.jpgCaption: 9. AirtelImage: http://ste.india.com/sites/default/files/amazon.jpgCaption: 8. AmazonImage:...
View ArticleShocking! Some of most influential brands in India are hardly Indian
Gallery Data: Image: http://ste.india.com/sites/default/files/amazon.jpgCaption: AmazonImage: http://ste.india.com/sites/default/files/whatsapp_0.jpgCaption: WhatsAppImage:...
View ArticleApplying for job in SBI? Check you credit history
Hyderabad: If you want to apply for a job at State Bank of India (SBI), any default on loans or credit card payment will render your ineligible.SBI, which is in the process of recruiting Junior...
View ArticleVijay Mallya not cooperating in investigation process: Banks tell SC
New Delhi: The consortium of banks today alleged in the Supreme Court that Vijay Mallya, who has been in United Kingdom, is not cooperating in the investigation of cases lodged against him and was...
View ArticleBanks want to see Vijay Mallya in jail, not recover money: Lawyer
Zee Media BureauNew Delhi: With the consortium of banks refusing Vijay Mallya's proposal to pay over Rs 6000 crore in the IDBI Bank loan default case, his lawyers on Tuesday said the banks' intention...
View ArticleMore trouble for Vijay Mallya as India seeks his deportation from the UK
New Delhi: India has asked the UK to deport Vijay Mallya, whose Kingfisher Airlines has been accused of defaulting bank loans of over Rs 9,400 crore, citing the revocation of his passport and a...
View ArticleDRT likely to rule on Vijay Mallya’s Diageo package today
Zee Media BureauNew Delhi: The Debt Recovery Tribunal will resume hearing on bankers' plea for securing the first right on the USD 75 million severance package that Mallya had already received for...
View ArticleCongress criticises Centre for not inquiring Vijay Mallya's transactions
Bengaluru: Congress today made a scathing attack on the Centre "for not inquiring" various transactions of money paid to Vijay Mallya by Diageo Plc, including the USD 40 million Sweetheart deal."Why is...
View ArticleCanara Bank revises lending rates based on MCLR
New Delhi: Public sector Canara Bank on Wednesday said it has revised the lending rates based on the marginal cost of funds (MCLR) for May to 8.80-9.35 percent."All rupee loans sanctioned and credit...
View ArticleAfter Adani Group, Alok Industries now owe banks Rs 20,000 crore: Report
Zee Media BureauNew Delhi: Even as a recent report revealed that Gautam Adani's firms owe about Rs 72,000 crore to India banks, the latest revelation comes that Alok Industries owes banks a hefty Rs...
View ArticleVijay Mallya's Rs 90 crore Kingfisher Villa in Goa seized by SBI
Zee Media BureauPanaji: In the latest, bankers led by SBICAP Trustee have taken possession of Vijay Mallya’s villa in Goa.Revenue officials in Goa on Wednesday allowed the lenders to Kingfisher...
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