News Updates

/News Updates

Local authorities in Gurgaon and Noida lend an ear to home buyers, crack down on errant builders

By |2018-06-27T13:58:10+00:00July 15th, 2016|News Updates|

Local development authorities in Gurgaon and Noida and other cities including Mumbai are cracking down on errant builders after constant prodding by agitating home buyers over the last few years. The Greater Noida authority recently [...]

PSU banks lost at least Rs 30,873.86 crore to frauds in 4 years

By |2018-06-27T13:58:09+00:00July 15th, 2016|News Updates|

BENGALURU: The 26 nationalised banks, which are expecting a Rs 25,000 crore government bailout in the coming financial year have lost at least Rs 30,873.86 crore to frauds in four years -- 2011-12 to 2014-15. [...]

Expect reduction in bank lending rates before next monetary policy reduction: Chanda Kochhar

By |2018-06-27T13:58:09+00:00July 15th, 2016|News Updates|

By ET Now | 16 Nov, 2015, 11.16AM IST In an interaction with ET Now, Chanda Kochhar, MD & CEO, ICICI Bank, shares her views on the government's FDI reforms and about the Indian [...]

Retail customers need not lose sleep over new base rate norms: Ashish Parthasarthy, HDFC Bank

By |2018-06-27T13:58:09+00:00July 15th, 2016|News Updates|

ET Now Dec 18, 2015, 01.02PM IST In a chat with ET Now, Ashish Parthasarthy, Hd-Treasurer, HDFC Bank, talks about the new base rate methodology for banks. Excerpts: ET Now: What do the new base rate norms mean [...]

Base rate to be based on marginal cost of funds from April 1: RBI

By |2018-06-27T13:58:09+00:00July 15th, 2016|News Updates|

Saloni Shukla, ET Bureau Dec 17, 2015, 07.29PM IST MUMBAI: The Reserve Bank of India has directed banks to set five benchmark rates for different tenure ranging from overnight rates to one year, which will [...]