State-owned bank, Bank of Maharashtra has asked for capital infusion of of Rs 1,500-1,800 crore from the government.
Leading bankers have started finalising modalities for the implementation of 1% interest rate subvention on home loans. The central government…
Financial institutions having a stake in Grasim Industries are planning to chalk out a joint strategy on the Grasim’s $2-billion…
State Bank of India has cut its deposit rates by 25 basis points across all tenures, effective from October 5.…
In a bid to improve the performance of the recently launched New Pension Scheme, the Pension Fund Regulatory & Development…
Life insurance business has paid out Rs 57,500 crore in 2008-09 as claims of which death claim is estimated at…
Even as 285 of the total 623 districts across 11 states have been hit by the drought, state-owned Agriculture Insurance…
Life insurance behemoth Life Insurance Corporation, now revamping its marketing strategies to regain its lost market share, has decided not…
The Centre has started the exercise of filling up the posts for the chairman and managing director of country?s second…
A move that would further delay the settlement of the ongoing wage negotiation, the United Forum of Bank Unions has…
Royal Bank of Scotland, which is looking out for a buyer for its Indian retail operations and still uses the…
The current economy slow down has hit the medium, small and micro enterprises sector most. Various authorities have taken a…
The state-owned lender, Bank of India, is seriously working towards making its foray into the mutual fund business. The bank…
HinDuja-owned Ashok Leyland is set to float a non-banking finance company, a vehicle financing arm, which will finance its commercial…
With the economy showing visible signs of recovery and the markets bouncing back, State Bank of India is planning to…
Bankers say that mobile banking platform in next six months will undergo a massive change . While the telecom operators…
The surging Sensex in last three months after plunging below 8,000 last year may not be an entirely positive experience…
The new finance minister Pranab Mukherjee, who have big plans for the banking sector including effecting further cut in the…
