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  1. Business News
  2. Authors
  3. hemang palan

Hemang Palan

Bankers bid farewell to YES Bank head

The last rites of YES Bank chairman Ashok Kapur, who succumbed to the terrorist attack while dining with his wife…

By Hemang Palan
November 30, 2008 22:29 IST
Slow down puts brakes on banks? auto loan business

The slowing of import-export activities at the port of Kandla and at the country?s largest private port, Mundra, has severely…

By Hemang Palan
November 27, 2008 03:37 IST
BoB to asses the mkt value of its Vadodara headquarters

Bank of Baroda has undertaken an exercise to asses the market value of its Vadodara-based headquarters Baroda House, fuelling the…

By Hemang Palan
November 26, 2008 23:42 IST
Max New York ups paid-up capital by Rs 350 cr

At a time when much of India Inc is grappling with a credit crunch, the fourth largest private insurer in…

By Hemang Palan
November 25, 2008 23:14 IST
Sri Lanka lender awaits RBI nod to acquire bank in SouthHemang Palan

The largest private lender of Sri Lanka, Hatton National Bank is likely to acquire an Indian bank that has a…

By Hemang Palan
November 20, 2008 23:29 IST
SAARC central banks to work together to manage crisis

The SAARC finance outfit, comprising central banks of SAARC countries, will meet twice a year, said deputy governor of Central…

By Hemang Palan
November 8, 2008 22:00 IST
Banks from the Middle East plan foray into India

A few foreign banks from the Middle East are keen to set up operations in the country, in a bid…

By Hemang Palan
November 8, 2008 21:59 IST
Bank slump may go on for 2 yrs: ICICI Bank ED

ICICI Bank executive director V Vaidyanathan has said that the current slowdown witnessed in the Indian banking space could continue…

By Hemang Palan
September 27, 2008 01:27 IST
Indage eyes stake in NPA-hit GICB

On behalf of Mumbai-based industrial house Indage Group, investment banking firm Prime Securities has approached the Reserve Bank of India…

By Hemang Palan
September 24, 2008 00:15 IST
SBI plans aggressive foreign expansion, buyout on agenda

The country?s largest lender, State Bank in India, has drawn up an aggressive blueprint, which marks possible acquisitions, to expand…

By Hemang Palan
September 23, 2008 01:33 IST
SBI & BoI set to apply for licences in Pak and 2 Pak banks in India

Finally, after a long wait, the exchange programme between India and Pakistan in financial sector services is set to begin.

By Hemang Palan
September 13, 2008 02:19 IST
ICICI to invest more in municipal bonds

With low appetite for debt and volatility in equities, banks are targeting to buy municipal bonds. ICICI Bank and State…

By Hemang Palan
September 2, 2008 01:07 IST
Arcil acquires Rs 1,200 cr of retail consumer loans

Arms, a pioneering initiative of Asset Reconstruction Company of India Ltd, has recently acquires over Rs 1,200 crore worth of…

By Hemang Palan
August 26, 2008 01:03 IST
Bank stress: rating agencies warn of likely downgrades

After braving RBI?s tight monetary regime to curb double-digit inflation, domestic banks now face possible downgrades by rating agencies. S&P…

By Hemang Palan
August 19, 2008 01:29 IST
Sued banks seek their day in court

Recent judicial rulings in favour of ICICI Bank, which was taken to court by six companies over losses that arose…

By Hemang Palan
August 13, 2008 01:23 IST
ABN Amro eyes acquisition in India

ABN Amro , India which will be soon rechristened as Royal Bank of Scotland is actively considering an acquisition in…

By Hemang Palan
August 13, 2008 00:45 IST
Reprieve for ICICI on forex derivative row

Indian banks which were dragged to courts by corporates, on the allegation thatbanks mis-sold them forex derivative products leaving holes…

By Hemang Palan
July 28, 2008 23:39 IST
Inflation, rates will take time to moderate: Kamath

ICICI Bank managing director and CEO KV Kamath does not foresee inflation and interest rates to moderate in the immediate…

By Hemang Palan
July 27, 2008 03:22 IST
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