In an attempt to mitigate losses on its credit card portfolio, India's largest private sector bank, ICICI has informed its customers that if a person is carrying more than one ICICI credit card, the bank will block all the credit

Fresh capital worth Rs 10,000 crore is expected for the public sector banks. Official sources said that Credit amounting to $2 billion is likely to come by November end and thereafter disbursal to individual banks will start depending on the

Property owners in Bangalore can now avail loans to pay huge penalty charges. The Bruhat Bengaluru Mahanagar Palike (BBMP) has allied with some nationalized banks to fund the regularization penalty amount, which might be thousands or lakh of rupees. The

National bank for agriculture and rural development, NABARD, has framed a farmer- friendly scheme. It has been designed to protect the small and marginal farmers against exploitation by moneylenders and middlemen.All the listed commercial banks, regional rural banks (RRBs), state

With a surprising recovery in the realty sector, the banking regulator, RBI has issued circular asking banks to look for loopholes while lending to developers.The circular said "It has been observed that some of the companies operating in the real

Federal, a private sector bank based in Kerala has resumed talks of merger with Thrissur based, Catholic Syrian Bank (CSB).Federal bank had initiated the talks a year ago after acquiring a 5% stake in CSB from the Chawlas, an NRI