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Indian Banks Association News


Pvt banks detect maximum fake notes: Finance Ministry 11:20 Feb 25 2013 from IBN Live

...highlighted," the agency's report stated. A senior official said financial enforcement agencies in coordination with the Indian Banks' Association (IBA) have devised certain red-flag indicators to detect such currencies and ensure a hundred per cent compliance...

http://ibnlive.in.com/news/private-banks-detect-maximum-fake-notes-finance-ministry/375274-7.html

Indian banks will have to innovate to succeed: an expert says 11:24 Nov 24 2012 from Topnews.in

...competitive environment over the coming years, Jatin Pant, Partner at McKinsey & Co, said. Speaking on the first day of Indian Banks' Association's two-day conference (Bancon 2012) on Friday, Mr. Pant said that the current decade would present Indian banks...

http://topnews.in/indian-banks-will-have-innovate-succeed-expert-says-2367524

PNB's Kamath to be chairman of Indian Banks' Association 07:12 Sep 23 2012 from Business Standard

...2006. K R Kamath, chairman and managing director (CMD) of Punjab National Bank, will become the new chairman of the India Banks’ Association (IBA) for 2012-13. He will take charge on October 1, after present Chairman Alok Misra, CMD of Bank of India (BOI),...

http://www.business-standard.com/india/news/pnb\\s-kamath-to-be-chairmanindian-banks\\-association/487386/

Draghi move to help Indian firms raise foreign debt at lower cost 07:40 Sep 07 2012 from Sify

...India (FEDAI), believes it is a positive development, as the pace of deleveraging (shedding debt - loans and bonds - of Indian companies) will moderate. Another indirect benefit, albeit in the long term, will be lending opportunities for banks as the real...

http://www.sify.com/finance/draghi-move-to-help-indian-firms-raise-foreign-debt-at-lower-cost-news-banking-mjiaOMbdgac.html

Public sector banks strike enters 2nd day 12:37 Aug 23 2012 from New Kerala

...decided to go ahead with the strike following failure of reconciliation talks between their representatives and the Indian Banks Association (IBA). "We are on the streets not for our own demands but for saving the Indian economy. In 2008 when the world was...

http://www.newkerala.com/news/newsplus/worldnews-70576.html

Public sector banks begin 2-day strike 06:04 Aug 22 2012 from New Kerala

...decided to go ahead with the strike following failure of reconciliation talks between their representatives and the Indian Banks Association (IBA). "We are on the streets not for our own demands but for saving the Indian economy. In 2008 when the world was...

http://www.newkerala.com/news/newsplus/worldnews-69592.html

SLR cut will release Rs 66000cr: Indian Banks' Association 09:55 Jul 31 2012 from Moneycontrol.com

...at ensuring free flow of credit growth through enough liquidity in the system. Lauding the central bank's latest move, Indian Banksâ Associtaion (IBA) says that the SLR cut will release Rs 66000 crore in the system and will lead to increased lending. However,...

http://www.moneycontrol.com/news/economy/slr-cut-will-release-rs-66000cr-indian-banks-association_737874.html

Fitch lowers rating outlook of 3 Indian banks 10:35 Jun 20 2012 from Rediff

...them more at risk during times of increased market volatility, it said. Fitch also said sovereign support for both the large banks and 'policy-type institutions' is expected to remain strong, with the former benefiting from their large share of system assets...

http://www.rediff.com/business/slide-show/slide-show-1-fitch-lowers-rating-outlook-of-3-indian-banks/20120620.htm

Fitch downgrades Indian banks 08:26 Jun 20 2012 from Deccan Herald

...raise the cost of overseas borrowings for such institutions. The rating agency also said sovereign support for both the large banks and ‘policy-type institutions’ is expected to remain strong, with the former benefiting from their large share of system assets...

http://www.deccanherald.com/content/258346/fitch-downgrades-indian-banks.html