Pak, Iran banks queue up to open branches in India

  Two banks from Pakistan, MCB Bank and United Bank, have sent proposals to the Reserve Bank of India for opening branches in the country. Three Iranian banks, Bank Pasargad, Saman Bank and......

2015: A year of downsizing for foreign banks

Slowdown in corporate lending and the high cost of doing business in India are forcing a rethinkLast month, HSBC announced it was shutting its private banking operations in India. It followed the......

India Inc happy with AAP's anti-graft plank, but...

A survey of CEOs shows corporate India is unsure about the party’s ideology, with some feeling its left-of-the-centre politics can be detrimental in the long run. There are a lot of takers......

Global forex probe ensnares a dozen large banks

At least a dozen large banks from the US and Europe have come under scanner in a global regulatory probe into suspected manipulations in forex markets, with some of them being investigated for......