Grameen Capital India Ltd, formed by Grameen Foundation in collaboration with IFMR Trust and Citi Bank?s NBFC arm, Citicorp Finance…
Following SBI?s recent announcement of issuing employee stock options, private bank IDBI has similar plans on the anvil. The move…
A Reserve Bank of India study on municipal finances has projected an investment of about Rs 63,000 crore per annum…
Peerless General Finance & Investment Co Ltd, the Kolkata-based residuary non-banking finance company, expects to launch its own mutual funds…
The ongoing US subprime crisis may not have a direct impact for the time being, but is likely to hit…
The full detarrification in the domestic general insurance industry, which began since January 1, has put the country?s official reinsurer…
Following the recent suggestion made by the finance minister, P Chidambaram to banks on lowering interest rates, the assets and…
Private-owned Axis Bank, on Wednesday, announced a net profit of Rs 306.83 crore for its third quarter ending December. The…
The recent controversies reported over the aggressive recovery mechanisms adopted by a few banks, especially private banks, have significantly impacted…
The gross non-performing assets in retail loans would rise to 4% over the next two years from 2.7% as of…
Pricing and long-term funds are major issues banks are facing in infrastructure finance, KC Chakrabarty, chairman and managing director, Punjab…
Finance Minister P Chidambaram said public sector banks should try to cut deposit and lending rates by 50 basis points…
YV Reddy, governor, Reserve Bank of India has said that though sometimes it is suggested that encouraging outflows would be…
Soon after reducing deposit rates, State Bank of India, has revised upwards its rates in certain segments of its domestic…
A delegation headed by the Canara Bank chairman and managing director, MBN Rao representing the Indian Banks’ Association will be…
The Government of India has constituted a high powered committee on ?Estimation of Savings and Investments? under the chairmanship of…
Standard Life Assurance has paid Rs 201 crore for acquiring 7.15% in HDFC Standard Life from Housing Development Finance Corporation…
Current-account deficit in the three months through September widened to $5.5 billion from the previous quarter?s $5.2 billion due to…
