SBI's merger plan may lead to a banking meltdown

'SBI is already too big. Too big to fail.''It already is a moral hazard. What will it do with 20,000 branches that it cannot do with 14,000, especially in these days of online and mobile banking?'......

Bank mergers: Changes that customers can expect

  In a merger, all assets and liabilities are taken over by the acquiring bank. The country's largest bank, the State Bank of India, is considering merging its five associate banks and Bharat......

2014-15 a year of financial sector reforms

Capital infusion, infra financing, FDI in insurance etc among the many noteworthy changes. The year 2014-15 could well go as one of long-pending financial sector reforms, expected to have a lasting......

'Budget is growth-oriented, part populist & investment friendly'

Finance Minister Arun Jaitley on Saturday announced a budget aimed at high growth, saying the pace of cutting the fiscal deficit would slow as he seeks to boost investment and ensure that ordinary......

Life insurance for PHL players

Private life insurance firm ING Vysya Life has signed on as the official insurer of the Premier Hockey League, it was announced on Thursday.The Bangalore-based company will provide a life insurance......