Apart from special services from banks for their wealth management needs, HNIs are now getting offers from insurance companies, too.
Ananthasubramanian, 55, started her career in 1982 at Bank of Baroda as a specialist officer in the planning stream.
Arundhati Bhattacharya is a strong contender for chairperson post, after Pratip Chaudhuri retires in September.
Entities reluctant to get into new segment till settlement and margin issues are addressed
In a letter addressed to Gogia's mother, Madhu Kapur, who holds a 12 per cent stake in YES Bank, the private lender said its board of directors, after extensive deliberations, had unanimously agreed not to accept her recommendation to appoint her daughter on the board.
Reserve Bank of India (RBI) Governor D Subbarao, often criticised for being "behind the curve", took market players and his critics by surprise.
The central bank is of the view that rise in external debt a concern but rating outlook revision reassuring.
In the wake of the natural disaster in Uttarakhand, the proposal for 'catastrophe insurance' is in spotlight.
India's top private banks might soon exit from the gold coin business.
Public general insurance companies to collaborate for speedy settlement of claims
Cyber crimes caused by the insured's employees also get covered under the policy but would exclude the actual perpetrator.
The sharp fall in rupee since the beginning of May will make things difficult for the central bank which is on the path of easing the monetary policy to revive growth.
Application deadline may be extended but no leeway on priority-sector targets.
While new business schools come up, industry experts said the quality issue was crucial for them to survive.
RBI Governor D Subbarao says banks' response to RBI's monetary intervention is asymmetric.
Street expects RBI to keep CRR unchanged, opt for open-market operations to ease liquidity
Tata Motors, Mahindra & Mahindra and Bajaj Auto have noted a rise in these incidents.
Four days ahead of RBI's monetary policy review, SBI Chairman Pratip Chaudhuri says a cut of one percentage point in CRR will allow the bank to lower lending rates 20 basis points.
In the April 2012-February 2013 period, the life sector's industry's new business premium collections fell 6.1 per cent, compared to the corresponding period of the previous financial year.
Most major corporate houses, such as the Tata group, Birla group and Reliance Industries, besides non-banking financial companies like L&T Finance, M&M Financial Services and the Shriram group, are said to be interested in setting up new banks.
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