May 28, 2011
State Bank of India (SBI) today said it will submit the revised proposal to the government for Rs 20,000 crore rights issue next month.
May 28, 2011
State-run Life Insurance Corporation of India (LIC) will seek licence from the Singapore government to set up a subsidiary to sell policies.
May 28, 2011
Did you know that identity theft claims a new victim somewhere in the world every two seconds? More alarmingly, mail theft continues to be a preferred route for fraudsters.
May 28, 2011
Public sector lender - Canara Bank has recorded a 34.48 % increase in its consolidated net profit to Rs 4,034.19 crore for the year-ended 31st March 2011.
May 27, 2011
Deutsche Bank commented on credit card companies in a report released today. In the report, Deutsche Bank was positive on Visa and MasterCard and mixed in its assessment of Global Payments.
May 27, 2011
Barclays Bank has been very particular about which of its businesses it wants to continue to invest in since the economic downturn.
May 26, 2011
Joint Home loan helps lift up more finance, bring extra tax benefits - High real estate prices and interest rates on home loans have pushed the so called dream home beyond the reach of many common people.
May 26, 2011
GE Capital, the financing unit of conglomerate General Electric, is betting on credit card business to drive growth in India where rising consumerism is leading to record cars, television and motorcycle sales.
May 25, 2011
HSBC India has announced a new home loan package offering to pay back part of the interest to borrowers. Yes, like the foreign bank claims, it is a first in the home loans business. But if one takes a careful look it might not be
May 25, 2011
Mergers and acquisitions, including those of associate banks, will be on the back burner as the nation's largest lender sets its house in order with higher provisions to smoothen out bumps in the form of bad loans and pension liabilities.