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RBI norms to float co-operative banks 2012-03-24 11:42:30
The new guidelines will also include a provision under which well-managed cooperative credit societies can turn into co-operative banks, Karuppasamy said. “Well-managed credit societies and financially sound credit societies will be converted into co-operative banks provided they satisfy certain norms...
Keywords: banking infrastructure, banking infrastructure, Reserve Bank, NPAs
Read MoreState Bank of India Shares Decline as Bad Loans Increase 2012-02-13 13:15:12
State Bank of India, the nation’s largest lender, dropped in Mumbai trading as bad loans expanded and capital buffers shrank in the third quarter. Net income climbed 15 percent to a record 32.6 billion rupees ($664 million) for the three...
Keywords: State Bank Of India, SBI, Shares Decline, SBI
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