The drought conditions in Himachal this year have led to an increase in non performing assets (NPAs) in Agricultural loans of all banks. The bad loans touched a record high of 30 percent in June 2009.The NPA in agriculture sector

The All India Regional Rural Bank Employees' Association (AIRRBEA) demanded greater autonomy of the regional rural banks (RRBs) by separating them from the commercial banks sponsoring them.The association has also pushed the proposal of setting up of National Rural Bank

Following the arrest of over 100 farmers in Jalandhar for delay in loan repayment, the opposition leader Rajinder Kaur Bhattal has demanded a complete waiver of such loans.Bhattal said, "It is highly deplorable that Shiromani Akali Dal (SAD), which claims

The Reserve Bank of India (RBI) is reluctant to accept a request from banks regarding greater exposure in a single corporate group. Banks led by SBI, country's largest lender, had approached RBI to relax group exposure norms for infrastructure sectors,

The main branch of Allahabad Bank has opened up a special counter in Bhagalpur for senior citizens, women and physically challenged.Customers preferred to visit the bank's main branch on Sundays. Branch Manager, Rai Upendra Bahadur said, "The special counter has

The All-India State Bank Officers Federation (AISBOF) has rejected the proposal of wage hike and pension benefits for bank employees and demanded a separate wage revision. The AISOF is an organisation of about 3 lakh employees of SBI.The Indian Banks'

The wage hike would be effective from November, 2007 and would result in an additional outflow of Rs. 4,816 crore annually. This includes a sum of Rs. 2,239 crore for officers and Rs. 2,577 crore for workmen employees for five