MONEY & BANKING
FINANCIAL SERVICES
Finance hub: London keen to help Mumbai
Chennai, April 14 The City of London is keen to assist Mumbai in its aspirations to becoming an international financial centre, the Lord Mayor of the City of London, Mr Alderman David Lewis, said on Monday. The Lord Mayor is here on a 11-day ...
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LIFE INSURANCE
Life insurance cos put in more money in stocks than MFs
New players and expansion in distribution network drive growth
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PUBLIC SECTOR BANKS
Corporation Bank focusing on tier-II, III cities
To set up 50-60 branches in next four months
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FOREIGN BANKS
German bank DEG plans to invest €100 m
DEG, the German development bank, has plans to invest €100 million in the current fiscal for projects in India. It aims to invest in at least seven projects, said Mr Josef Schnepper, Vice-President (German Corporates), DEG.He is a ...
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CREDIT MARKET
Banks offering discounts to BPLR; credit offtake subdued
Bangalore, April 14 With credit off take remaining subdued and headed to becoming worse in the lean season, banks have begun increasing the discounts to the benchmark prime lending rate.Currently the benchmark prime lending rate ranges ...
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CREDIT CARDS & DEBIT CARDS
PNB to go solo on credit card before November
Regulatory delays to derail plans for joint venture with HSBC
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