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  3. bankingbureau

Banking Bureau

Parekh calls for strong corporate governance culture

In a bid to prevent corporate governance failure among India Inc in future, HDFC chairman Deepak Parekh, who is also…

By Banking Bureau
January 22, 2009 23:24 IST
Goldman Sachs pegs India?s revival on four factors

Goldman Sachs said that the Indian economy will go through a challenging time in 2009. “We expect GDP growth to…

By Banking Bureau
January 21, 2009 01:20 IST
Reliance Capital total income touches Rs 4k cr

Reliance Capital Ltd has recorded a net profit of Rs 131.5 crore in Q3 2008-09, against Rs 118.1 crore in…

By Banking Bureau
January 21, 2009 01:15 IST
Private sector banks to opt for aggressive retail rates

An aggressive rate cut across its retail loan segments by the leading private sector lender, HDFC Bank, is said to…

By Banking Bureau
January 20, 2009 23:37 IST
Falling rates to hit PSU banks? defined benefit pension schemes

Falling interest rates may not be good news for a few companies including public sector banks which are offering defined…

By Banking Bureau
January 20, 2009 23:06 IST
Federal Bank Q3 net profit up 98% at Rs 204 crore

Reducing the cost of deposits and increase in non-interest income has helped Federal Bank to almost double its net profit…

By Banking Bureau
January 17, 2009 00:37 IST
Chola MS nets record premium in 9 months, ups market share

Cholamandalam MS General Insurance Company Ltd. a joint venture of the Murugappa Group and Mitsui Sumitomo Insurance Group…

By Banking Bureau
January 17, 2009 00:36 IST
CitiFinancial?s future unclear as group splits on $8-bn loss

The subprime crisis-hit Citigroup, which ended its worst-ever year by posting an $8.29 billion fourth-quarter loss, gave up the universal…

By Banking Bureau
January 17, 2009 00:30 IST
IndusInd Bank net profit surges by 80%

The net profit of IndusInd Bank for the quarter ended December 31, 2008, increased by 80% at Rs 45.06 crore…

By Banking Bureau
January 16, 2009 00:15 IST
Auto industry?s condition worsens on dip in sales

Rating agency Crisil has said that commercial vehicle market conditions have turned out to be far worse than anticipated. This…

By Banking Bureau
January 15, 2009 21:38 IST
India Inc?s costs rise faster in first half on higher interest & inputs

The Reserve Bank of India in its report reviewing the performance of private corporate business sector has shown that the…

By Banking Bureau
January 15, 2009 21:36 IST
Reliance Cap gets nod for housing fin biz

Reliance Capital Ltd, the financial arm of the Reliance Anil Dhirubhai Ambani Group (ADAG), announced that the company has received…

By Banking Bureau
January 15, 2009 21:32 IST
Citigroup set to shrink by one third

Despite the ongoing speculation at the international level that Citigroup is speeding up the process to dismantle various parts of…

By Banking Bureau
January 15, 2009 21:31 IST
HDFC Bank net climbs 45% at Rs 622 crore

Bolstered by fee as well as interest income, the net profit of HDFC Bank, in Q2 2008-09 has increased by…

By Banking Bureau
January 15, 2009 21:29 IST
LIC employees? union demands 50% wage hike

Taking a cue from the Sixth Pay Commission, which was implemented for Central government employees last year, the All India…

By Banking Bureau
January 14, 2009 22:51 IST
?Many hurdles against fiscal policy initiatives?

Tightening credit conditions, the risk of higher non-performing assets, falling property prices and moderation in personal disposable incomes due to…

By Banking Bureau
January 13, 2009 22:06 IST
PFRDA fixes Rs 100-cr cap for PoPs

Pension Fund Regulatory & Development Authority has stipulated Rs 100-crore capital for any institution bidding for point(s) of presence…

By Banking Bureau
January 13, 2009 22:05 IST
ICICI Bank to keep focus on home, auto segments

ICICI Bank’s executive director V Vaidyanathan has said that retail as well as wholesale loan portfolios banks in India were…

By Banking Bureau
January 10, 2009 22:01 IST
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Latest News

Iran-US war LIVE updates

Iran demands full US climbdown before Hormuz can reopen: What are the key asks?

Western Railway special train service between Maharashtra and Tamil Nadu

Western Railway to run 2 special trains between Mumbai and Tamil Nadu for festive rush – Check dates, stops

Indian Railways passenger train connecting Itarsi and Jabalpur

Indian Railways to run daily Itarsi-Jabalpur passenger train; check timings, stops

New Zealand parent visa, New Zealand parent visa changes, New Zealand parent visa new rules, New Zealand Parent Resident Visa selection process, New Zealand Expressions of Interest, New Zealand Parent sponsorship

New Zealand announces parent resident visa changes, applicants to get priority under new system

Green Card update

Green Card Update: Married couples face key deadline in September

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