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Why private bankers prefer giving top jobs at public banks a miss

One of the reasons why private bankers don't head a public sector bank is the lack of autonomy, according to banking industry experts. Earlier this year, a large public sector bank (PSB) with a......

Two IDBI Bank entities lose chief executives

IDBI Federal Life Insurance managing director (MD) & chief executive officer (CEO) G V Nageswara Rao is leaving at the end of this month.  Sanjay Sharma, chief executive and managing director......

IDBI Bank waives all service charges

Paying for facilities like issuance of demand drafts, cheque books, credit or debit cards and ATM interchange may soon become passe as public sector lender IDBI Bank on Wednesday waived-off all......

FinMin list ready for CMDs, EDs at 11 banks

M V Tanksale of Punjab National Bank may head Punjab & Sind Bank and R M Malla of the Small Industries Development Bank of India may take charge at IDBI Bank if the Central Vigilance Commission and......

IDBI Bank gets variable pay surprise

Ignoring a government advisory, IDBI Bank has moved to a variable pay structure for its officers, who will now have a 70 per cent fixed salary component.In the process, it has become the first......

'It is time to liberate our minds'

'We have won our political freedom, we have liberalised our economy and now it’s time to liberate our minds also. That is why this film.' Director Ketan Mehta lists his reasons for making......
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FIIs continue to cut holdings in public sector banks

Barring the occasional spike, holdings in 10 banks analysed have mostly been on the decline since Q1 FY15 Ami ShahRavindra Sonavane The... ...
Sensex closes 147 points higher, Nifty above 8,150

3:15pm: The S&P BSE Sensex is trading 0.51%, or 135.34 points, higher at 26,920.89, while the CNX Nifty is up 0.34%, or 27.35 points, at 8,146.65.... ...
Why investors are going for perpetual bonds in rate-cut season

MUMBAI: Perpetual bonds, a product category long ignored by sophisticated investors, are in vogue these days. The well-heeled have been lapping up... ...
Jay Thakkar

Jay Thakkar, senior technical analyst at Sharekhan Jay Thakkar , senior technical analyst at Sharekhan, expects the Nifty to rally till 8,100 as... ...
Jaitley hints at cutting govt stake in IDBI Bank below 50%

Arun Jaitley | Photo: Suryakant Niwate Finance Minister Arun Jaitley today pitched for giving freedom to public sector banks from political... ...

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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