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    1. Business News
    2. Authors
    3. bankingbureau

    Banking Bureau

    Reliance Life to infuse Rs 1,000 crore this yr

    Anil Dhirubhai Ambani Group?s Reliance Life Insurance will infuse at least Rs 1,000 crore capital this fiscal. It already has…

    By Banking Bureau
    September 10, 2008 00:04 IST
    DBS Bank to offer retail banking services

    DBS Bank, one of the largest financial services groups in Asia, will foray into full-fledged retail banking services by January…

    By Banking Bureau
    September 9, 2008 01:23 IST
    BCG tells banks to recast biz models

    State-owned banks must redesign their business models so as to become more customer-centric, says a Boston Consulting Group report.

    By Banking Bureau
    September 9, 2008 01:17 IST
    ING Vysya eyes 35% deposits growth

    ING Vysya Bank is aiming at 20-25% growth in advances and 30-35% growth in deposits this fiscal.

    By Banking Bureau
    September 6, 2008 02:34 IST
    PFC & Union Bank raise money

    State-run lender Power Finance Corp has raised around Rs 4,095 crore by selling bonds, a company official, on conditions of…

    By Banking Bureau
    September 6, 2008 02:32 IST
    Rock star welcome for new guv…

    A raucous crowd greeted the 22nd governor of the Reserve Bank of India, Duvvuri Subbarao, on his first day in…

    By Banking Bureau
    September 6, 2008 02:05 IST
    Majority govt holding may hinder growth of PSBs, says RBI report

    The ownership pattern of public sector banks may change in the medium to long term, said a central bank report…

    By Banking Bureau
    September 5, 2008 01:27 IST
    Credit card defaults may rise: Swaroop

    Standard Chartered Bank?s India CEO Neeraj Swaroop said that the banking sector is currently facing higher delinquencies in its credit…

    By Banking Bureau
    September 5, 2008 01:13 IST
    Banks need Rs 5.7 lakh crore more within 5 years: report

    The Reserve Bank of India, in its ?Report on Currency and Finance 2006-08?, said as banks will have to maintain…

    By Banking Bureau
    September 5, 2008 01:10 IST
    Growing economy to boost India?s banking system: RBI

    Raising the issue of capital convertibility, the RBI, in its report on currency and finance 2006-08, has said that as…

    By Banking Bureau
    September 5, 2008 00:08 IST
    Tech snag hits HDFC Bank retail operations

    A technical snag in one of the system applications of private sector lender HDFC Bank on Tuesday affected around 60…

    By Banking Bureau
    September 3, 2008 00:52 IST
    RBI unveils relief packages for Bihar flood affected

    The Reserve Bank of India has activated its relief package for the districts affected by severe floods in Bihar. At…

    By Banking Bureau
    September 3, 2008 00:45 IST
    RBI?s hawkish stance may continue, say experts

    Bankers and economists expect the continuity of the hawkish policy by the Reserve Bank of India in curbing double-digit inflation…

    By Banking Bureau
    September 3, 2008 00:44 IST
    Barclays to launch private banking arm by year-end

    To provide wealth services in India, UK-based Barclays Bank plans to launch its private banking business by the last quarter…

    By Banking Bureau
    September 2, 2008 22:48 IST
    Union Bank unveils new plans

    Union Bank of India has budgeted Rs 75 crore in the current fiscal towards advertising its newly changed identity as…

    By Banking Bureau
    September 2, 2008 22:47 IST
    LIC (South) eyes Rs 9,900 cr FPI

    The southern region of the Life Insurance Corporation of India has set a first premium income target of Rs 9,900…

    By Banking Bureau
    September 2, 2008 01:29 IST
    Bankers welcome Subbarao? s entry into RBI

    I believe he would play a very good role of being a regulator. He has got an excellent track record…

    By Banking Bureau
    September 2, 2008 00:18 IST
    Commerzbank to buy Allianz?s Dresdner Bank

    Even as Dresdner Bank, owned by Allianz, was about to begin its operation In India, it is being taken over…

    By Banking Bureau
    August 31, 2008 02:22 IST
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