On March 19, 2008, Crisil had announced that it was re-examining its ratings on 27 institutions in the Indian financial…
The country?s largest bank, SBI, is making a provision of Rs 40 crore towards potential losses owing to the meltdown…
Max New York Life Insurance, today announced it First Year Premium income for financial year ended March 2008. During the…
Bank of America Corporation said that its first-quarter 2008 net income declined to $1.21 billion from $5.26 billion a year…
Leading private sector lender Axis Bank, which recorded a 70.56% jump in net profit to Rs 361.40 crore in Q4…
Axis Bank has registered a 70.56% rise in its net profit at Rs 361.40 crore for the quarter ended March…
The Reserve Bank of India announced a hike in banks? cash reserve ratio by 50 basis points to 8%. The…
The Reserve Bank of India, as the regulator and supervisor of the banking system, would continue to play a supportive…
The country’s leading bankers are optimistic that India’s growth story would remain high despite tight monetary policies by the Reserve…
Standard Chartered Bank, the largest international bank in India, will invest $250 million in its Indian operations, raising the total…
A reversal in fiscal consolidation and deterioration in the balance of payments situation could put pressure on India?s credit standing,…
The annual contribution by way of remittances by the NRIs is about three per cent of GDP now.
Corporation Bank became the first public sector bank to launch National Electronic Funds Transfer through ATMs.
The RBI is now looking at strengthening local institutions like co-operatives, RRBs, UCBs, small banks and SHGs in a bid…
SBI and Australia-based Macquarie Capital Group will jointly float a $2 billion private equity fund that will invest directly in…
It would be a long winter before the island city, Mumbai, transforms to an IFC, Narsee Munjee, chairman of DCB,…
To meet the growing developmental needs of the country, particularly of the infrastructure sector, a step in the direction of…
Though FM P Chidambaram is not yet ready for an Indian SWF, RBI governor YV Reddy has said for the…
