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ET SMALLBIZ BANKING
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Highlights of the Week
| Thu, Apr 27, 2017 | 12:17 AM IST |
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| Bank credit demand inches up 5.5 per cent in first fortnight of FY18 It can be noted that the credit growth in FY17 was the lowest since fiscal 1954 when it had inched up by a paltry 1.7 per cent, according to the ap... |
| IDFC Bank appoints Avtar Monga as its executive director With over 35 years of experience in the banking and financial services industry, Monga brings significant strategic insight and knowledge to the ba... |
| YES Bank to become more vigilant on micro loans through business correspondents The Rana Kapoor-led bank is instead trying to be self sufficient in originating micro loans and to improve monitoring over the existing partner fir... |
| Banks finalise interchange fee for Micro ATM transactions These charges, which are mostly agreeable to the bigger banks, were decided after almost a month-long debate.... |
| Banks levy numerous fees on customers for services. Is it cost cover or easy money? In the battle for fees, banks should realise that maximising profits is a short-term game and a fair game could sow the seeds of long-term profits.... |
| Government giving top priority to addressing bad loans: Arun Jaitley It's not a problem spread over hundreds of thousands of accounts...And it's not impossible for a large economy like India to resolve 20 to 30 accou... |
| RBI’s tighter norms may not hit PSU banks immediately RBI can also use its discretionary powers to sack the bank management, supersede the board, restrict access to deposits, staff expansion, capital e... |
| RBI Governor Urjit Patel suggests merging public sector banks Do we need so many public sector banks, Patel asked while delivering the Kotak Family Distinguished Lecture at Columbia University in New York on M... |
| Maharashtra to get 50,000 new mini bank branches At the peak of the demonetization exercise last year, the government had announced that it will equip all 5.58 lakh ration shops across the country... |
| Banks may have to swallow losses to resolve NPA issue: Arun Jaitley Jaitley said the issue was confined to 20 to 30 big accounts and "it is not a problem spread over hundreds or thousands of accounts".... |
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| HDFC Bank reduces staff count by 7% in March quarter |
| RBI Governor Urjit Patel suggests merging public sector banks |
| ATMs go dry on demand-supply mismatch |
| Banks may have to swallow losses to resolve NPA issue: Arun Jaitley |
| At least 3 small finance banks yet to start operations |
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