Coimbatore, June 26
HDFC Bank has doubled its branch network in Tamil Nadu to 200 in five years.
Inaugurating its 200th branch at Peedampalli in Coimbatore district, Dhiraj Relli, Branch Bank...
Mumbai, June 19
The former CMD of Allahabad Bank, Shubhalakshmi Panse, has joined the board of directors of Federal Bank as an independent director. She was previously the executive director of Vijaya Bank. She w...
Mumbai, June 16
Banks do not heed to unions’ demands as their profitability is under pressure »
Mumbai, June 10
Rival promoters of YES Bank — Rana Kapoor and Madhu Kapur — have seen their investments in the bank multiply 55 times in the last 10 years. Rana and Madhu are also the largest shareholders in the...
Mumbai, June 5
ICICI Bank is well capitalised to meet Basel III capital requirements with a Tier-1 capital adequacy ratio of 12.78 per cent as against the current requirement of 6.50 per cent, according...
Mumbai, May 30
Kotak Mahindra Bank said that Kotak Trustee Company Private Limited, a promoter group entity, has sold approximately 2.5 crore shares amounting to around 3.24 per cent shareholding in the bank. <...
Mumbai, May 27
Currently, their shareholding stands at 43.58% »
Mumbai, May 21
ICICI Bank has launched its redesigned website to offer its customers better interface across devices such as desktops, mobiles and tablets.
Users of the website can now receive location...
New Delhi, May 12
The Foreign Investment Promotion Board (FIPB) will not take up HDFC Bank’s proposal for increasing foreign holding from 49 per cent to 67.55 per cent in its meeting scheduled on Tuesday.
New Delhi, May 8
For the first time, a commercial bank and a leading cricket franchise have come together to launch a co-branded cricket credit card.
RBL Bank (The Ratnakar Bank Ltd) a...
Mumbai, June 24
The Bombay High Court on Tuesday directed YES Bank to submit the video recording and documents related to its Annual General Meeting held on June 14.
The decision comes after Madhu Kapur’...
Mumbai, June 18
Moody’s Investors Service said the power sector would continue to be a source of asset quality risk for public and private-sector banks in India if the poor financial profiles of state electricity...
Mumbai, June 12
The “work culture” in some private sector banks was brought into sharp focus by a top central bank official on Thursday. According to Harun Rashid Khan, Deputy Governor,...
Coimbatore, June 6
Karur-headquartered Lakshmi Vilas Bank is gearing up to shift its corporate office to Chennai.“We will be shifting our corporate office by June-end. Our regional office and some back...
Mumbai, June 2
Kotak Bank, Axis Bank and YES Bank, among others, have promoter stakes above the 15% threshold
New Delhi, May 28
Amidst uncertainties over the HDFC Bank FDI proposal, the private sector bank’s Managing Director Aditya Puri said on Wednesday that the Government is yet to decide on the issue.
May 25, 2014
The bank’s vehicle financing business can zip ahead if there’s a turn in the economic cycle »
Chennai, May 12
Any recovery in the Indian economy will come from an improvement in consumer sentiment, says Shikha Sharma, Managing Director and CEO of Axis Bank, the country’s third largest private lende...
Mumbai, May 9
Former Reserve Bank Deputy Governor K C Chakrabarty today said private banks have been able to contain issues around asset quality plaguing the sector due to better corporate governance and hard w...
May 4, 2014
Need a chartered jet for a getaway to the Caribbean or a last-minute reservation at an exclusive restaurant? Call your bank