Shagun Kapur Gogia might not have convinced her uncle Rana Kapoor, managing director and chief executive of YES Bank, to appoint her as a board member of the bank, but it appears she has successfully carved out her own space in the financial world.
While the rupee depreciation in 2012 persuaded many companies in taking hedges against their foreign currency loans, industry analysts feel it might not be sufficient to counter the swift slide in the value of the local currency.
Application deadline may be extended but no leeway on priority-sector targets.
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
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.
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.
These companies may recall loans in extreme cases; loan-to-value ratio stands at 60% but scrap value at 75%.
Hongkong and Shanghai Banking Corporation (HSBC) is exploring opportunities beyond metro cities to expand its commercial banking business in India.
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.
Card fees likely to increase to offset replacement cost.
Aspirants banking on experience and domain knowledge of veterans
The first such interaction would be in Mumbai on Monday.
Banks will ask the banking regulator to defer the higher provisioning norms on standard restructured advances.
It appears the two banks are now convinced that increasing their credit card portfolios will not lead to significant erosion in asset quality.
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
Global experience in allowing corporate groups to set up banks reveals that stringent regulation is the best defence against malpractice.
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