Country?s largest lender, State Bank of India has finally increased its prime lending rate, referred to as SBAR, by 1%…
The Sebi is working on the variable load structure for distributors of mutual fund as suggested by the Association of…
The Reserve Bank of India has said FIIs may be allowed to take long position in the interest rate futures…
The country’s foreign-exchange reserves fell $1.13 billion to $305.5 billion in the week ended Aug 1. Foreign-currency assets declined $1.65…
Citigroup provides strong management and operational support to CitiFinancial. The ratings are also driven by CitiFinancial’s strong credit appraisal and…
After filling up four posts of chiefs in state-owned banks last week, the ministry of fianance has now initiated moves…
Canara bank has also decided not to effect the upward revision in interest rates for fresh individual housing loans up…
Even as banks are focussing on cleaning up their consumer finance portfolios, the major private and foreign banks are displaying…
The Reserve Bank of India asked commercial banks to ensure that loans for infrastructure projects are not used for financing…
International consultant, KPMG has estimated that money laundering flows into India are reported to be in excess of $1 trillion…
A major reform in the financial markets is set to become reality. After the RBI-Sebi standing technical committee submitted its…
The country?s largest foreign bank, Standard Chartered Bank has reported 89% jump in its operating profits, during the first half…
All the public sector banks have been asked by the ministry of finance to publish the details of the debt…
The turnaround in the financial performance of the public sector banks, pursuant to the banking sector reforms, has resulted in…
YES Bank has signed a 12-month agreement with Australia-based Windlab Systems for providing financial advisory services to foster the renewable…
Leading rating agency Moody’s Investors Service says that the risks confronting India’s economy have grown, but not yet to the…
With the UPA government speeding up the reforms process, public sector banks have also stepped on the gas.
On the basis of the order, Albert Tauro, executive director, Central Bank of India has taken over as the chairman…
