IBA has commissioned a study to evaluate the pros and cons of keeping banks shut on Saturdays.
Infra major GMR is hopeful of maintaining strong order book.
With the advent of new banks, IT firms will get boostto their businesses.
Most players will need to burn the midnight oil to meet the deadline for creating a bank as well as specific norms set by RBI.
It is also learnt that Deutche bank has initiated a search for a new head of its private wealth management business in India
According to sources, a few hundred have been issued to Indian businessmen, celebrities and brand experts.
The Central Vigilance Committee has sought loan data from United Bank
The Reserve Bank of india is likely to tell state-run United Bank of India (UBI), which has seen erosion of capital due to bad loans and higher provisioning to implement prompt corrective action.
Some lenders in talks with LIC for pvt placement
Lender had 5.12 mn cards - almost a third of the total number of credit cards in the industry - at the end of November, 2013.
Diageo, the world's largest distiller, has been focusing on compliance at United Spirits Ltd (USL) after its acquisition of a controlling stake in India's largest spirits maker.
Loan defaults and restructuring to limit profits.
Outbound deal count in the current calendar year fell to 100 from 154 in 2012.
The sale came when Mallya was trapped in a sea of debt, mainly as a result of the losses his now grounded carrier, Kingfisher Airlines, had been piling.
The company hires Accenture for financial re-engineering, including slashing of debt ratios; changes to be visible soon
Currently, foreign lenders are present in India only through branches or representative offices.
The government is somehow convinced that selective low-rate lending will stimulate demand and accelerate economic growth that plunged to a four-year low of 4.4 per cent in the first three months of 2013-14.
Soon after acquiring strategic management control of Vijay Mallya's crown jewel, United Spirits, Diageo has swung into action, making up for years of lost time in trying to figure out the Indian market.
The company is close to buying 1-million square foot office space for Rs 700 crore in Bengaluru.
Though Indian banks don't have large exposure to subprime mortgages, analysts are worried at the rise in their restructured loan portfolios and deterioration in credit quality.
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