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Banks asked to improve non-interest income MUMBAI, NOV. 17.The Reserve Bank of India today stated that the recent increase in profits of scheduled commercial banks emanates from trading incomes and warned banks against lapsing into a state of complacency due to high profitability emerging ... Open access in power transmission allowed NEW DELHI, NOV. 17.The Central Electricity Regulatory Commission (CERC) today introduced competition in the power sector by allowing open access in the transmission system to power generating and distributing companies with immediate effect. ... Indian Bank to raise Tier-II capital CHENNAI, NOV. 17. Indian Bank is proposing to raise its Tier-II capital through a bond issue in the form of subordinated debt. Addressing a press conference here today, Chairperson and Managing Director, Ranjana Kumur, said the proposal was to ... Other Stories
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