IBA seeks to sort out issues plaguing MFIs
Dec 31, 2010
Bankers discuss restructuring of MFI loans with RBI
Dec 22, 2010
Bankers seek easier infra financing, tax incentives
Feb 23, 2010
IBA asks banks to introduce uniform floating rates
Dec 11, 2009
Sunday February 16, 2014
State-run banks hired nearly 3 lakh personnel, including over 94,000 officers, in the last four years, according to data released by Indian Banks Association (IBA).
South | Indo-Asian News Service | Monday February 10, 2014
About 50,000 employees of state-run banks went on a two-day strike Monday, halting transactions in about 10,000 branches across Karnataka.
Thursday January 16, 2014
To make operations of automated teller machines (ATMs) viable, the National Payments Corporation on Wednesday convened a committee of six banks to come up with suggestions around cost and charges for use of the ubiquitous machines.
Sunday January 12, 2014
The Reserve Bank of India (RBI) will consider reducing the number of free ATM withdrawals, as recommended by Indian Banks' Association, in an effort to cut down on cash transactions in the economy.
Tuesday January 7, 2014
ransactions from other banks' ATMs may also attract a higher fee, as the bankers' body has proposed to increase the inter-bank fee from the sixth transaction to Rs 18 from Rs 15.
Monday January 6, 2014
He said banks have already resorted to activities like shutting some ATMs in odd-hours, and added IBA has made a representation to RBI for increasing the inter-bank fee from Rs 15 to Rs 18 per transaction and also to scale down the monthly free trans...
Sunday January 5, 2014
National Convener of UFBU M V Murali told PTI today that the Centre and the Indian Banks Association (IBA) have failed to settle the 14-month long pending demand of 32 per cent wage revision for about a million strong staff in the banking sector.
India | Press Trust of India | Thursday August 29, 2013
Customers complaining about failed ATM transactions may be entitled to request for CCTV footage which will facilitate fast resolution of complaints, Banking Ombudsman said today.
Friday June 7, 2013
To restrict the use of loan restructuring mechanism only to deserving cases, the Finance Ministry on Thursday asked bankers to have an independent oversight committee that will vet the corporate debt restructuring (CDR) applications.
Thursday June 6, 2013
The Indian Banks' Association (IBA) announced on Thursday that it has re-elected K R Kamath, chairman and managing director of Punjab National Bank (PNB), as its chairman for 2013-14.
Thursday March 28, 2013
The deadline mandating Indian banks sign agreements to settle FX forward trades via Clearing Corporation of India Ltd (CCIL) has been removed for now, two sources with direct knowledge of the development told Reuters on Thursday.
Wednesday February 20, 2013
Indias gross domestic product (GDP) will take a hit of Rs 15,000 crore to Rs 20,000 crore should the central trade unions proceed with their two-day strike starting on Wednesday, industry body Associated Chambers of Commerce and Industry (Assocham) h...
Wednesday February 6, 2013
An RBI panel has revived the proposal of setting up a gold bank, or Bullion Corporation of India, to reduce imports of the metal- an idea mooted over two decades ago by Manmohan Singh, the Minister of Finance at the time.
Wednesday January 16, 2013
To streamline flow of credit to small enterprises and ensure that rightful company gets the credit, bankers and RBI today discussed introducing a transparent system for MSME loan proposals.
Tuesday January 15, 2013
Bankers today asked the RBI to reduce the key policy rates by 50 basis points and slash cash reserve ratio (CRR) by 25-50 basis points in the credit policy review scheduled for January 29.
Thursday December 20, 2012
Seven lakh employees from various banks will strike work all over India today to protest the Banking Laws (Amendment) Bill after a conciliatory meeting of the Indian Banks' Association with the chief labour commissioner failed to arrive at a solution...
Friday October 5, 2012
Indian banks will reduce their interest rates if the Reserve Bank of India cuts its key lending rate at its mid-term policy review on October 30, K.R. Kamath, chairman of the Indian Banks' Association, assured the Reserve Bank of India (RBI) Governor...
Press Trust of India | Tuesday September 4, 2012
RBI Deputy governor KC Chakrabarty today ruled out classifying banks' advances to infrastructure sector as priority sector lending (PSL) saying there is enough credit flow to this critical sector to even make the central bank worried.
South | Indo-Asian News Service | Friday July 20, 2012
Kerala Chief Minister Oommen Chandy on Friday urged Prime Minister Manmohan Singh, who holds the finance portfolio, to direct commercial banks to sanction educational loans to students who have secured admission to professional courses in the state.
Sunday February 19, 2012
Worried over a rise in default on repayment of education loans, the Indian Banks' Association (IBA) asked lenders to impose stricter terms on loans given to students getting admission under the management quota.