India's plan to increase voting rights for shareholders in banks would improve management and corporate governance and draw more investment, but it falls short of lifting ownership restrictions or rel

Capital market regulator Sebi has decided to park its surplus funds in fixed deposits of PSU banks, even if the returns offered by them are lower than that of private banks by up to 10 basis points (0

In a bid to revive investment across the board, Finance Minister P. Chidambaram on Saturday asked banks to cut interest rates and keep EMIs at affordable levels to encourage sale of consumer durabl

The country's largest lender State Bank of India (SBI) is hopeful of maintaining its impressive performance on the treasury income front in the second quarter as well, a top bank official said.

The government has backtracked from a directive issued to state-run banks that put a cap on holdings of bulk deposits and certificates of deposit (CDs) saying the rules were not final, banking sources

Amid concerns over moderation in economic growth and rising bad loans, Finance Minister Pranab Mukherjee will meet on Tuesday with heads of public sector banks to discuss credit flow to productive sec

The nation's banks will continue to witness a compression in their critical net interest margins even during the current fiscal, due to slowing credit growth and inability to raise deposits at low

Earnings of banks are likely to come under pressure due to the higher capital requirements for the implementation of Basel-III norms, Reserve Bank of India Deputy Governor Anand Sinha said here.

The state-owned Life Insurance Corporation (LIC) has pumped in Rs2,137 crore in four public sector banks through the preference share route.

Life insurance monolith LIC, according to separate filing

Led by SBI, bank stocks on Monday rallied on the bourses in the morning trade following the cash reserve ratio cut by the Reserve Bank on Friday.

Cheering the rate cut, financial stocks attracted inv