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Netravati
bank earns Rs 1.51-cr operating profit
Kochi: Netravati Grameena Bank, one of the 10 regional
rural banks sponsored by Syndicate Bank, has achieved
a business level of Rs 101.73 crore as on March 31 registering
a 16 per cent growth in business over the previous year.
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Stanchart
unveils unique home loan for twin cities
Hyderabad: Standard Chartered Bank, the country's
leading foreign bank, has announced a unique home loan
product - HomeSaver - for the residents of twin cities
of Hyderabad and Secunderabad here on Saturday.
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Loan
conversion into shares — Banks get more leeway against
defaulters
New Delhi: The Government has allowed all scheduled
banks to convert debentures or loans of a company into
shares without having to go through a special resolution.
Earlier, the facility was available only to public financial
institutions (PFIs).
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