Friday, January 23, 2015

Insurance ordinance still uncertain: Ergo’s Kleiner

Deepa Nair | Mumbai, January 22  

German insurer Ergo, an arms of the world’s largest re-insurer Munich Re, is a leading player in the Indian insurance market through its joint venture (JV) with HDFC. It also has a JV with... »


Mumbai, January 22  

Antwerp Diamond Bank closure

The Antwerp Diamond Bank officers union has decided to observe a three-day strike from January 28 to protest the closure of the foreign bank... »

RBI to banks: put up loan details online

Our Bureau | Mumbai, January 22  

Fact-sheet, average interest rates for loans to individual borrowers to be on bank websites »

YES Bank to hire 1,500-2,000 people to push retail business; eyes MF foray

Beena Parmar | Mumbai, January 22  

In talks to acquire Deutsche Mutual Fund’s India assets worth Rs. 22,670 cr »

Foreign bank DBS may become local subsidiary

Beena Parmar | Mumbai, January 22  

First foreign bank to set up a subsidiary here following RBI’s guidelines released over a year ago »

SBM Q3 net up 13% at Rs. 96.16 cr

Our Bureau | Bengaluru, January 22  

Gross NPAs decline to 5.1% this quarter »

Muthoot Finance Q3 net down 10%

Our Bureau | Kochi, January 22  

Muthoot Finance on Thursday announced a net profit of Rs. 154 crore for the third quarter of 2014-15, down 10 per cent from Rs. 171 crore in the second quarter.Total income for the third... »

Vijaya Bank cuts deposit rates

Bengaluru, January 22  

Vijaya Bank has announced a reduction in interest rates of term deposits of different maturity periods. The reduction ranges from 0.10 per cent to 0.25 per cent and will come into effect from J... »

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