The public sector banks are facing a Catch-22 situation. The current situation, where the private sector and foreign banks are…
The United Progressive Alliance in its previous stint among other issues had an important unfinished agenda: Of banking consolidation with…
The Reserve Bank of India is expected to appoint Mercer Investment to prepare an investment framework for the country?s $251.7-billion…
Time-worn and dog-eared life insurance polices will soon be a thing of the past. If a proposal of life insurers…
The domestic private equity market currently might have seen loss of momentum because of the economic slowdown, but the country?s…
The Pension Fund & Regulatory & Development Authority which has rolled out the new pension scheme on Friday to the…
UTI Asset Management Company, expects to offload a 26% stake in the company within three months. UK Sinha, chairman and…
Axis Bank has always steered clear of controversies. The bank has been the epitome of some of the best practices…
Life Insurance Corporation, the country’s largest institutional investor, which has over 4% stake in fraud-hit Satyam Computer Services, has carved…
State Bank of India, SBI, is planning to raise Rs 41,000 crore through equities and debt in the next couple…
Though India has largely remained unaffected by the ongoing financial crisis, the country is experiencing the knock-on effects, through monetary,…
Stuart Fraser, chairman, City of London, has cautioned that British banks like Lloyds, Barclays and Royal Bank of Scotland…
With Satyam founder and former chairman B Ramalinga Raju along with his brother and former chief financial officer behind bars,…
The Pension Fund & Regulatory Development Authority has received a overwhelming responses from the various financial sector players for its…
Even as markets across the segments are eagerly looking for improvement in the global financial crisis conditions, international reinsurance market,…
State Bank of India and Bank of India have dropped their plans to revive their branch operations in Pakistan. While…
The banking industry has fared better than its regulator, RBI, in adopting standards of transparency and accountability
Woken up to the magnitude of recent terror attacks in Mumbai and possible huge claims, some international reinsurers have started…
