The Reserve Bank of India, in a discussion paper released on Monday, said the overall supervisory responsibility for holding companies…
The All India Bank Employees Association and the All India Bank Officers Association are planning to stage a dharna on…
State Bank of India has finally kicked off the much-awaited consolidation process among the public sector banks by proposing to…
The country?s foreign exchange reserves for the week ended August 17, 2007 has decreased by $2.551 billion to end at…
K V Kamath, the managing director and CEO of the second largest bank, ICICI Bank, on Friday said that there…
The problem of attrition seems to be very high in public sector banks. On an average 1000 people leave the…
The credit ratings of 10 Asia-Pacific collateralised debt obligations were cut by Standard & Poor’s because the US credit crisis…
Standard Chartered, the country?s largest foreign bank has acquired 49% stake in UTI Securities from State Trading Corporation of India…
A Reserve Bank of India working group report has suggested that the compulsory crop insurance schemes for farmers may be…
The Development Bank of Singapore on Thursday has said that it has no plans to enter the retail banking business…
The Reserve Bank of India has re-emphasised before banks and financial institutions the need for furnishing the copy of loan…
Standard Chartered Bank will now pick up 49% stake in UTI Securities, the broking firm that was acquired by the…
The rupee gained sharply against the dollar on talks that the US Federal Reserve could cut rates. Dealers said there…
The return on assets is much greater for India at 0.9% whilst for China, the figures stand at 0.6%. While…
Principal PNB Asset Management Co Pvt Ltd, a joint venture between Principal Financial Group, Punjab National Bank and Vijaya Bank,…
ICICI Bank, has secured a credit line of up to $ 200 million from the Export-Import Bank of Korea. The…
Though Indian financial institutions have little exposure to sub-prime credits, the global developments would have impact the country on three…
The state-owned Bank of India has adopted new strategies aimed at boosting growth in fiscal 2008. The bank plans to…
