Anita Bhoir And Rajendra Palande In Mumbai

All stories by Anita Bhoir And Rajendra Palande In Mumbai

Report forex exposures, govt tells PSU banks
Rediff.com1 May 2008

The move comes even as Bank of India on Wednesday said its corporate clients will...

RBI eases norms for bank subsidiaries
Rediff.com29 Apr 2008

Earlier norms on para-banking activities stated that investment by a bank in a...

More fund-raising options for co-op banks
Rediff.com28 Apr 2008

In order to offer a level playing field to co-operative banks, the Reserve Bank of...

Banks face Rs 800 cr bill to train recovery staff
Rediff.com10 Apr 2008

Banks may have to spend up to Rs 800 crore (Rs 8 billion) in training close to one...

Citibank puts another property on sale
Rediff.com4 Apr 2008

Citibank has put on sale yet another residential property on Altamount Road in south...

Realty tops savings tool for Indian households
Rediff.com27 Mar 2008

The household sector's savings in physical assets increased by 16.12 per cent to Rs...

Banks see 41% rise in international claims
Rediff.com15 Mar 2008

International claims of Indian banks have risen by 41.15 per cent to Rs 1,49,167 crore...

ABN Amro, Royal Bank of Scotland to merge
Rediff.com14 Mar 2008

Meera Sanyal, Country Executive, ABN Amro Bank, revealed the bank's merger plans with...

Citi India arms feel sub-prime pinch
Rediff.com29 Feb 2008

The sub-prime loss-hit Citigroup is on a cost-cutting exercise in its Indian...

Amex gets limited licence for card, travel biz
Rediff.com21 Feb 2008

The Reserve Bank of India (RBI) has issued a restricted banking licence to American...

StanChart AMC's valuation soars
Rediff.com9 Feb 2008

The Reserve Bank of India's (RBI) denial of permission to Swiss bank UBS to acquire...

Loan rates: MRTPC asks banks to clarify
Rediff.com8 Feb 2008

The Monopolies and Restrictive Trade Practices Commission (MRTPC) had sent a letter to...

Lower loan rates for only new borrowers
Rediff.com7 Feb 2008

Banks had raised the interest rates on loans by as much as 350 basis points although...

Foreign banks pitch for 2009 road map
Rediff.com11 Jan 2008

Foreign banks operating in India want the Reserve Bank of India to prepare a vision...

No policy rate hikes likely in 2008
Rediff.com31 Dec 2007

Policy rates are not likely to increase in 2008 but a cut in repo rate too is uncertain.

Citibank card holders get free air tickets
Rediff.com29 Dec 2007

About 35,000 credit card customers of Citibank received free tickets worth Rs 23 crore...

A few banks refuse to join the rate race
Rediff.com28 Dec 2007

At the start of April, State Bank of India (SBI) and ICICI Bank, the country's two...

HDFC Bank files police case on 'money mules'
Rediff.com19 Dec 2007

The money mule scam has reached Indian shores. Banks have noticed instances of...

RBI norms may spell bad news for ICICI, SBI
Rediff.com8 Nov 2007

The Reserve Bank of India (RBI) is likely to reiterate its view that it would be...

Banks panic, squeeze small loan tap
Rediff.com7 Nov 2007

ICICI Bank, the country's second-largest bank, has stopped lending to borrowers from...