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RBI relaxes leverage ratio in a boost to bank lending

MUMBAI: The Reserve Bank of India (RBI) on Thursday relaxed the leverage ratio (LR) for banks in a bid to help them expand their lending activities. The leverage ratio stands reduced to 4% for Domestic Systemically Important Banks (DSIBs) and 3.5% for other banks. The relaxation was announced in the accompanying...
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Bank of America ML sole bidder for SBI’s Essar Steel debt

On Monday, the Supreme Court declined a plea of Essar Steel’s operational creditors for a stay against the tribunal’s order, paving the way for ArcelorMittal to take over the company. MUMBAI | KOLKATA: Bank of America Merrill Lynch emerged as the sole bidder in State Bank of India’s auction of...
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Bank Of Baroda Recruitment 2017: Apply For 428 Posts

Bank of Baroda has released notification for recruitment of 427 Specialist Officer in deifferent categories like Sale, Finance/ Credit, Head, IT Security, Treasury – Dealers/ Traders, Treasury -Relationship Managers, Treasury – Product Sales, Trade Finance and Security on contractual basis. Interested candidates can apply till December 8, 2017....
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