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FEE ON CASH TRANSACTIONS

HDFC Bank and Axis Bank have come out with the revised charges structure on Cash Transactions.  How will this affect a common man?  Let us see here. An individual, prior to demonetisation,  had not visited his bank branch for over a year.  Thanks to the comforts provided through ATMs, internet banking and debit cards,  which

FEE ON CASH TRANSACTIONS

HDFC Bank and Axis Bank have come out with the revised charges structure on Cash Transactions.  How will this affect a common man?  Let us see here. An individual, prior to demonetisation,  had not visited his bank branch for over a year.  Thanks to the comforts provided through ATMs, internet banking and debit cards,  which

SBI’s Extension to immediate neighbourhood

The largest PSU Bank of India is State Bank of India, more so now with its expanded wing through merger of its subsidiaries. The CMD of the Bank has said that the bank proposes to expand its operations in India’s immediate neighbourhood.  The bank has recently opened its branch in Myanmar and also upgraded its

SBI’s Extension to immediate neighbourhood

The largest PSU Bank of India is State Bank of India, more so now with its expanded wing through merger of its subsidiaries. The CMD of the Bank has said that the bank proposes to expand its operations in India’s immediate neighbourhood.  The bank has recently opened its branch in Myanmar and also upgraded its

Resolving bad loans

It requires empowering bankers, not more institutions. Last week, Reserve Bank of India (RBI) Deputy Governor Viral V Acharya suggested yet another way of resolving the bad debt problem stifling the banking sector. He proposed the creation of two asset management companies — one private and another quasi-government — instead of a single “bad bank”.

Resolving bad loans

It requires empowering bankers, not more institutions. Last week, Reserve Bank of India (RBI) Deputy Governor Viral V Acharya suggested yet another way of resolving the bad debt problem stifling the banking sector. He proposed the creation of two asset management companies — one private and another quasi-government — instead of a single “bad bank”.

BAD BANK

What has the Economic Survey recommended?  A Public Asset Rehabilitation Company (PARA) –also known as “BAD BANK” which would control the bad loans in the Indian banking system.   In India, there are many Asset Reconstruction Companies (ARCs).  So what is the difference with this introduction?  It is interesting indeed.  Let us see below: PARA will

BAD BANK

What has the Economic Survey recommended?  A Public Asset Rehabilitation Company (PARA) –also known as “BAD BANK” which would control the bad loans in the Indian banking system.   In India, there are many Asset Reconstruction Companies (ARCs).  So what is the difference with this introduction?  It is interesting indeed.  Let us see below: PARA will

SOLVENCY POSITION OF GOVERNMENT BANKS

On analyzing the 23 Government Banks of the country, it is observed, that the solvency ratio (which is the ratio of the banks’ net non performing assets or NPA to that of their Net worth) has now gone upto 63.1 per cent at the end of last quarter which was at 60.9 per cent at

SOLVENCY POSITION OF GOVERNMENT BANKS

On analyzing the 23 Government Banks of the country, it is observed, that the solvency ratio (which is the ratio of the banks’ net non performing assets or NPA to that of their Net worth) has now gone upto 63.1 per cent at the end of last quarter which was at 60.9 per cent at