Time is running out for Lakshmi Vilas Bank

'It's a toss-up between a fire sale of equity or merger with a strong bank,' points out Tamal Bandyopadhyay.   After the Reserve Bank of India rejected Indiabulls Housing Finance Ltd's plan......

Bankers see rates falling by 25-40 bps more before Mar

Of the six-member rate-setting monetary policy committee, five members voted for a 25 bps cut while one by 40 bps, the RBI said. Illustration: Uttam Ghosh/Rediff.com Welcoming the 25 basis points......

Biggest bank frauds in the past 11 years

Of the total 53,334 cases of frauds reported during 2008-09 and 2018-19 fiscal years, involving a whopping Rs 2.05 lakh crore, ICICI Bank's 6,811 cases were the highest. Illustration: Dominic......

Markets end flat; SBI gains over 2% as banking stocks rally

Nifty saw the biggest weekly gain since the first week of September and comfortably maintained its crucial 8250 levels in today's session Benchmark indices settled on a flat note tracking mixed......