No violation of banks' exposure limits, says RBI deputy governor
RBI's deputy governor, YV Reddy, on Thursday said that banks' capital market exposure, including lending to broking firms, is within the regulatory norm of 5% of outstanding loans.

StanChart, Royal Sundaram tie up for bancassurance
The Standard Chartered Group has tied up with Royal Sundaram Alliance Insurance Company Ltd for the distribution and marketing of general insurance products.

VRS lures 1.25 lakh PSU bank employees
The response to the VRS for employees of public sector banks has been overwhelming with 1.25 lakh staff and officers applying for the scheme, vice-chairman of IBA, Dalbir Singh said on Thursday.


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