UTI Bank is planning to offer
30 to 33 per cent stake to private equity players in this fiscal
and has kept options open for inclusion of a strategic partner
and merger with another bank after some years.
Citibank on Friday announced
Citibank Suraksha, a twin benefit insurance plan offering its
card members a ‘credit shield’ and ‘personal accident insurance’
from Tata AIG Life and Royal Sundaram Alliance.
Credit Rating Information
Services of India has said that none of its ‘AAA’ rated long-term
and fixed deposit instruments have ever been downgraded to the
default (D) catergory.
