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.
The public-sector lenders were yet to get a formal proposal on sale from HSBC.
Reserve Bank of India lens on mutual fund, insurance, gold coin sale by branch's non-sales staff
The Goa villa, Mumbai office could be put on the block.
Aspirants banking on experience and domain knowledge of veterans
The first such interaction would be in Mumbai on Monday.
Inability of stocks to return to their highest levels is one of the reasons why retail investors have been reluctant to return to the market.
Banks will ask the banking regulator to defer the higher provisioning norms on standard restructured advances.
To recover dues from 50 top defaulters; finance ministry wants proceedings fast-tracked.
Set to be allowed to apply for bank licences in the final guidelines expected by the end of the month
The Reserve Bank of India is widely expected to reduce the repo rate for the first time in nine months when it announces its third quarter policy review.
Also on the cards could be the first interest rate reduction in nine months.
FinMin advice to include brokers & realty firms, debate over entry of industrial houses slow the process.
A person familiar with the matter said the deal could be finalised in a month.
The sale will help the government to meet disinvestment target.
In an interview with Business Standard, Sebi Chairman U K Sinha discusses investment advisory rules and how regulators are coming together to resolve issues.
Lower returns seen drying up investor demand this financial year
Thomas Mathew T, managing director, tells Manojit Saha and M Saraswathy about the LIC's strategy and growth plans.
Tagged as a sleepy, regional lender till a few years earlier, the bank's stock was not much talked about in the investors' community.
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