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  1. Business News
  2. Authors
  3. hemang palan

Hemang Palan

McKinsey to re-engineer advisory services for BoB

Leading state-owned lender, Bank of Baroda has appointed global management consulting firm McKinsey & Company for getting business process &…

By Hemang Palan
July 22, 2009 23:16 IST
?Disinvestment is in the interest of the banking sector in India?

The 2009-10 Budget, though having disappointed the domestic banking and finance industry on many fronts, has also elements for their…

By Hemang Palan
July 13, 2009 23:19 IST
Swat war to bleed Pak, fiscal deficit to soar: top banker

Though Pakistan?s economy is poised to recover following the installation of the democratically elected Asif Ali Zardari government, but the…

By Hemang Palan
June 25, 2009 00:15 IST
?We are likely to see more difficult times?

The whole dimension of the Indian economy, which was on a high growth path for past couple of years, changed…

By Hemang Palan
June 1, 2009 02:18 IST
Rise in NPAs to spoil revival: Crisil

While the euphoria that India Inc is making a comeback is gathering momemtum due the bull run on the stock…

By Hemang Palan
June 1, 2009 01:39 IST
PNB to acquire bank in Kazakhstan

Punjab National Bank, the country?s second largest state-owned bank, is likely to acquire a bank in Kazakhstan this year.

By Hemang Palan
May 26, 2009 01:01 IST
Top 15 banks restructure Rs 40,000-crore assets

Despite recording average profitability where some banks have recorded a higher growth while others have seen their profit nosedived for…

By Hemang Palan
May 19, 2009 00:17 IST
PSU banks eye growth overseas

In a scenario when most foreign banks have shelved their branch expansion plans across the globe mainly due to capital…

By Hemang Palan
May 5, 2009 00:22 IST
IndusInd likely to be renamed Hinduja Bank, sport new look

In a bid to completely overhaul its brand image, 15-year-old IndusInd Bank, the Hinduja-owned private lender, is going for a…

By Hemang Palan
April 29, 2009 21:47 IST
Technical snag hits RBI?s no- fee ATM scheme

Although the Reserve Bank of India has now facilitated cash withdrawals at no transaction fee from ATM networks across the…

By Hemang Palan
April 3, 2009 01:05 IST
IndusInd Bank plans to spend Rs 100 cr for network revamp

The Hinduja-owned private lender, IndusInd Bank, is expected to spend about Rs 90-100 crore in the next couple of years…

By Hemang Palan
March 27, 2009 00:42 IST
PNB looks for buyouts in foreign mkts

In a scenario, where many global banks have shelved their expansion plans due to mounting losses and capital constraints, Indian…

By Hemang Palan
March 20, 2009 00:34 IST
Foreign banks to go slow in India, says IFC official

International Finance Corporation’s principal banking sector specialist Michael J Higgins has said that although India will continue to attract the…

By Hemang Palan
March 14, 2009 22:27 IST
Private sector banks downsize workforce

Hit by the economic slowdown and rising non-performing assets, leading private sector banks are downsizing their workforce, balancesheet, offering lower…

By Hemang Palan
February 11, 2009 00:57 IST
RBI unveils new norms for UCB restructuring

The Reserve Bank of India has formulated new norms to facilitate restructuring of ailing urban cooperative banks RBI…

By Hemang Palan
January 24, 2009 21:57 IST
HDFC Bank to expand mobile banking services

HDFC Bank is likely to expand its offer of comprehensive mobile banking services to its customers.

By Hemang Palan
January 10, 2009 22:00 IST
Cibil to launch credit score in Jan

Come January, along with a mortgage depository and fraud repository, the Credit Information Bureau India Limited plans to launch a…

By Hemang Palan
December 16, 2008 00:31 IST
RBI measures not to have any immediate effect, say banks

Two major private sector banks, HDFC Bank and Axis Bank, are not expecting any immediate positive impact of the recent…

By Hemang Palan
December 13, 2008 23:11 IST
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