Some leading private and foreign banks in the country have started checking scores of credit information companies such as Credit Information Bureau Ltd as part of their pre-employment screening process.
In the policy banks, the government can have 100 per cent stake, McKinsey said.
The meeting will be attended by all heads and EDs of public sector banks
2014 made a lot of promises; can the new year deliver?
The banking sector is set to move at a fast pace from hereon.
The EB-5 Programme has been in effect since 1990 as an opportunity for the immigrant and their family to obtain permanent residency to the US.
Experts hail 2014 as the worst year for banks.
The new Insurance Bill may take little time to see light of teh day.
The Directorate General of Civil Aviation has been asked to open up bookings of SpiceJet till March 31, 2015, while airport operators have been asked to provide 15 days to the airline company for making payments.
It has so far managed to raise only Rs 1,700 crore (Rs 17 billion), by divesting a 5% stake in Steel Authority of India.
For the first time in India, Swiss Learning, an educational body managed by the Heads of Swiss Educational Institutes, has brought representatives from various schools from the country to meet stakeholders, Indian schools and parents of potential students.
Insurance firms want more clarity before increasing foreign partner's stake.
The insurance brokerage had experience of settling claims in Jammu and Kashmir and Visakhapatnam in Andhra Pradesh during natural catastrophes earlier this year.
Jaitley has made it a habit of giving soundbytes to the media like his predecessors on why RBI should cut interest rates
The data show close to 72.5 million accounts have been opened till November 10 with an average 500,000 opened every day.
There are umpteen cases where travel websites and airlines advertise tickets for unbelievably low prices, without mentioning taxes and other charges.
RBI could opt for a 'deep cut' after winning inflation war, say experts.
A series of failed loan recast programmes continues to haunt banks.
Cost is not the only factor that one should look at. It's best to keep investment and insurance apart
Health insurance has almost 23 per cent market share in the general insurance space.