Finance, Forex and Investments

Indian Banks Association News

'Benign inflaton needed for sustained growth'Thursday, July 14, 2011 @ 3:04PMState Bank of India (SBI) Chairman Pratip Chaudhuri today said some benign inflation was needed for sustained growth and a high interest rate regime was not conducive in the long run.

Students' degrees could soon brand them defaultersWednesday, July 13, 2011 @ 12:21PMIf you've defaulted on repaying an education loan, soon that fact could be stamped on the back of your degree or diploma certificate. The Indian Banks' Association (IBA) is said to be considering such a proposal to bring down non-performing assets (NPAs) in education loans.

Banks against deregulation of savings rate, write to RBIWednesday, July 13, 2011 @ 8:22AMBanks against deregulation of savings rate, write to RBIBanks against deregulation of savings rate, write to RBI

Banks oppose savings rate deregulationWednesday, July 13, 2011 @ 8:10AMThe RBI's recent moves to calculate interest rate on a daily basis and increase the interest rate on savings accounts to 4 per cent is already hurting the banks, he said, adding that the IBA recently wrote to the RBI about its reservations on the subject.

Education loan growth in public sector banks dipsThursday, July 7, 2011 @ 1:35PMThe education loan growth rate in public sector banks (PSBs) is witnessing a continuous declining trend.

India, in real time: 4th July 2011Sunday, July 3, 2011 @ 10:30PMIndia is a country on the go; at any given moment in time, there is much happening in the fields of politics and governance, of finance, of development; there is constant churning in society, considerable activity in sports and in the arts... It's almost too much to keep track of. And hence, this effort: a real-time, constantly updated look at the events that matter.

Getting away is not all it's cracked up to beThursday, June 30, 2011 @ 9:26AMThe article ''When it all gets too much, take $7000 to escape the rat race'' (June 29) is misleading and gives a false hope to city slickers who want to escape the car park called Parramatta Road or Victoria Road. Wanting to do the same, I spent a year in a sea resort town where the pleasure of living had been advertised.

Dewan Bahasa Dan Pustaka's Role In Promoting MalayWednesday, June 29, 2011 @ 11:25PMThis is the last of a seven-part series that dwells on critical issues relating to the fate of the Malay language. Part 7 discusses Dewan Bahasa dan Pustaka's (DBP) role in upholding the status of, and advancing the national language.

Census numbers show Gifford, historically black, now mostly whiteTuesday, June 28, 2011 @ 7:38AMGIFFORD — Corrine Frost is proud to tell anyone where she lives.