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Citi joins list of foreign banks scaling down India ops

Citibank on Wednesday joined the list of foreign banks that have exited retail banking business in India. Photograph: Chris Helgren/Reuters Mumbai-based Axis Bank completed acquisition of......

How RBI can prevent frauds

Historically, the RBI has tried to keep the crooks at bay by issuing a circular a day.What it needs is more onsite supervision.Merely checking high-frequency data with the help of technology is......

SBI, 25 other major Indian banks figure in suspicious transactions list

Banks say they themselves red-flagged the transactions to RBI. It must be noted that these transactions are not outright evidence of fraud or proof of nefarious activities. Illustration: Uttam......

How best to restore India's toxic banks to health

The government must set up a Bank Investment Company to shrink its role in PSBs, if we are serious about tackling the two persistent issues -- lax corporate governance practices and......

Markets end lower on caution ahead of Yellen speech

Tata Motors was the top gainer on better-than-expected June quarter revenues Benchmark indices ended flat on caution ahead of the US Federal Reserve's stance on key policy rates at a meeting......

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Rbs See Reserve Bank

News for Rbs See Reserve Bank

Citi joins list of foreign banks scaling down India ops

How RBI can prevent frauds

SBI, 25 other major Indian banks figure in suspicious transactions list

How best to restore India's toxic banks to health

Markets end lower on caution ahead of Yellen speech

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