Credit rating agency Crisil, in its detailed explanation of its ratings round-up for FY2007-08 has said large debt-funded acquisitions and…
State Bank of India has reduced rates on loans across varied segments in retail including loans for transport operators and…
Kerala-based South Indian Bank declared on Wednesday a 94% growth in net profit for the first half of FY 2007-08.…
State Bank of India has shortlisted 5-6 private companies for its foray into general insurance.
RBI?s cup of woes on account of foreign capital inflows and consequent pressure on the rupee is set to brim…
The rupee that was trading in a narrow range till about 2.00 pm on Tuesday, appreciated sharply to 39.40 a…
In a first of its kind initiative, the lead bankers along with Andhra Pradesh government and NABARD have together established…
The Reserve Bank of India governor, YV Reddy, acknowledged the fact that the country was ??vulnerable?? to fluctuations stemming from…
UK-based Barclays, after losing its bid to take over ABN AMRO, which would have facilitated expansion of its operations in…
Lack of ?bank? status is pushing all state agri co-ops in the country to acute resource crunch, while commecial banks…
India?s foreign exchange reserves rose to a record $247.762 billion on September 28, from $235.891 billion a week earlier, the…
The Insurance Regulatory & Development Authority has suggested risk-based capital system for the health insurers. CS Rao, chairman, Irda while…
Bankers feel that credit growth, which had been sluggish during the first quarter of the current fiscal, has improved during…
In a bid to give fire-power to rein in the rupee, the government of India, in consultation with the Reserve…
The rupee extended its gains, creating a new nine-year high of 39.48 to a dollar at close on Thursday in…
Huge capital inflows coupled with uncertainty over interest rates and the impact of US subprime mortgage crisis on the market…
An American Express expense management study conducted among over 500 Indian companies this year has concluded that travel and entertainment…
Financial regulators across the world, including the Reserve Bank of India, need to go beyond monitoring inflation and be vigilant…
