Banks general
RBI grants permission to Paytm for payments bank
04 Jan 2017
GST rollout to be delayed as states put up fresh demands
04 Jan 2017
With coastal states demanding rights to levy GST on trade in goods within 12 nautical miles off shore holding law on Integrated-GST (IGST) and non-BJP states demanding higher compensation for post-demonetisation revenue fall, GST roll-out looks unlikely in the near term
Home, auto loans to be cheaper as SBI cuts MCLR by 90 bps to 8%
02 Jan 2017
Other lenders such as Punjab national Bank and Union Bank of India also reduced their marginal cost of funds-based lending rates effective today, while IDBI Bank and SBI associate State bank of Travancore had already reduced their lending rates
Daily limit for ATM withdrawals raised to Rs4,500
31 Dec 2016
While the daily withdrawal limit at ATMS has gone up, there is no change in the weekly withdrawal cap, which stays at Rs24,000
IDBI Bank, SBT cut lending rates
31 Dec 2016
IDBI Bank, SBT cut lending rates
31 Dec 2016
Banks' stressed loans increase from 7.8% to 9.1% in March-Sept: RBI
30 Dec 2016
The gross non-performing advances ratio of scheduled commercial banks increased to 9.1 per cent from 7.8 per cent between March and September 2016, pushing the overall stressed advances ratio to 12.3 per cent from 11.5 per cent
SBI partners AISECT for nationwide roll-out of electronic toll collection
29 Dec 2016
The project will use SBI’s rechargeable FASTag that allows automatic deduction of toll charges to allow people to pass through the toll plaza without waiting for cash transaction across 370 toll plazas on the national highways
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