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  1. Business News
  2. Authors
  3. hemang palan

Hemang Palan

Need faster investment in soft & hard infrastructure

The biggest lesson from the recent crisis is that managing the balance sheet and liquidity is critical. Our own monitoring…

By Hemang Palan
January 6, 2010 23:21 IST
SBI Goa brainstorming session to chart out future strategies

The country?s largest bank, State Bank of India (SBI), has organised a four-day conclave in Goa for its senior management,…

By Hemang Palan
December 16, 2009 21:48 IST
Crisil arm targets global mkt; to advise Gujarat on infra spending

Under the supervision of Crisil Risk and the banner of Infrastructure developmental programme titled Vision 2020, Gujarat Infrastructure Development Board…

By Hemang Palan
November 20, 2009 03:43 IST
Corporation Bank joins re-branding bandwagon

Corporation bank is the latest public sector bank to join the rebranding bandwagon, following state-owned lenders like Canara Bank, Jammu…

By Hemang Palan
November 10, 2009 21:43 IST
PNB to pay $25 m for 64% stake in Kazakh?s Dana Bank

Punjab National Bank is likely to pay $24-25 million towards buying 63.64% stake in Kazakhstan-based Dana Bank to form the…

By Hemang Palan
October 30, 2009 00:01 IST
SBI eyes second buy in Indonesia

State Bank of India, the country’s largest bank, is actively considering a buyout in Indonesia. The deal size is expected…

By Hemang Palan
October 22, 2009 03:03 IST
Central Bank to recruit 2,500 staff, revamp offices

In a bid to reposition itself among the techno-savvy customers, Mumbai-based Central Bank of India has unveiled a massive plan…

By Hemang Palan
October 7, 2009 04:07 IST
NPAs worth Rs 38,000 cr waiting to be restructured

The current overall low non-performing assets scenario in the Indian banking industry is changing. Hit by the economic slowdown, the…

By Hemang Palan
October 3, 2009 23:15 IST
After China, Wells Fargo scouts for ?permissible? stake in India

The severe financial crisis faced by the US banks hasn?t reduced their apetite for overseas opportunity, at least not of…

By Hemang Palan
September 24, 2009 22:05 IST
SBI sets sight on UK ?building society?

The State Bank of India is contemplating buying a ?building society? in the UK during the next financial year for…

By Hemang Palan
September 18, 2009 23:13 IST
PNB eyes bank in Kazakhstan, to expand UK ops

Punjab National Bank is scouting for an acquisition in Kazakhstan for an estimated $33 million by March next year. This…

By Hemang Palan
September 9, 2009 00:04 IST
BoI eyes entry into 14 foreign locations with Rs 600-cr investment

Bank of India has earmarked as much as Rs 600 crore in a bid to penetrate over 14 foreign locations…

By Hemang Palan
September 3, 2009 22:16 IST
Deloitte advises PSBs on takeover plans

Financial advisory firm Deloitte Touche Tohmatsu (India) is currently acting as an advisor to two state-owned banks to identify their…

By Hemang Palan
September 2, 2009 21:59 IST
BoB plans to acquire Malaysian bank

Government-owned Bank of Baroda plans to acquire a bank in Malaysia by the middle of next year. BoB is the…

By Hemang Palan
August 31, 2009 02:06 IST
?35% of our loans are given at below BPLR?

With improved performance, state-owned Bank of Baroda is moving up in rankings among the top five banks in the country.…

By Hemang Palan
August 24, 2009 22:38 IST
SBI takes retail route to expand business in overseas markets

Country?s largest lender, State Bank of India has prepared a blueprint to go retail in its international operations.

By Hemang Palan
August 6, 2009 23:57 IST
?Indian banks should find opportunities in overseas markets?

Present global economic scenario offers an excellent opportunity for Indian banks to expand their overseas presence, said Thomas P. McGrath,…

By Hemang Palan
August 4, 2009 00:34 IST
Banks to vie for Rs 50,000-crore infra funding in Maharashtra

The banks are getting ready to take large exposure in funding the infrastructure development of Maharastra. ?Over a period of…

By Hemang Palan
August 4, 2009 00:31 IST
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