As the USCP holders shall be paid directly by Fortis Bank on the maturity dates, they bear the credit risk…
The Reserve Bank of India has said that the available information on the finances of the Centre, during April-May 2008,…
The balance of payments position remained comfortable during 2007-08. The merchandise trade deficit, on a balance of payments basis, widened…
Vijaya Bank recorded a net loss of Rs 76.64 crore for the first quarter ended June as against a net…
Despite huge provisioning of Rs 1,656.61 crore, the country’s largest lender, the SBI, has registered a jump of 15.08% in…
Provisioning on account of treasury portfolio and retail bad loans have pulled down ICICI Bank?s first quarter net profit to…
IDBI Bank is in talks with few foreign companies to form a joint venture to foray into the mutual fund…
Dented by mark-to-market provisioning, Mumbai-based Union Bank of India registered almost a flat net profit of Rs 228 crore for…
After scrapping the memorandum of understanding that it signed with GE Money for entering into the credit card business, Life…
State Bank of India chairman OP Bhatt anticipates Reserve Bank of India to hike cash reserve ratio or the repo…
Tightening its credit card regulations, the Reserve Bank of India on Thursday issued a set of detailed norms on credit…
Crisil, which has recorded a PAT of Rs 35.55 crore, up by 120.6% in Q1 2009, declared an interim dividend…
Sundaram Finance Ltd expects the growth to be modest in the current fiscal and will continue to focus on profitable…
A marginal fall in inflation numbers which touched 11.89% on July 12, after gaining 11.91% in the previous week has…
Bankers have hailed the Cabinet decision to approve the proposed merger of State Bank of India with one of its…
Artha Money, India?s first money management and end-to-end solutions provider, has set a target of Rs 500 crore business in…
Pin pointing various deficiencies in the current regulatory structures laid to promote micro insurance products across the globe, principal administrator…
Private general insurance players will continue to capture market share at the expense of public enterprises its a mix of…
