Somasroy Chakraborty And Nupur Anand

Stories by Somasroy Chakraborty And Nupur Anand

YES Bank shareholders 'approve' Rana Kapoor as MD & CEO

YES Bank shareholders 'approve' Rana Kapoor as MD & CEO

Rediff.com   16 Jun 2014

The voting results were concluded on Sunday and will be sent to the exchanges on Monday morning. YES Bank could not be reached for comment.

Aditya Puri is India's highest-paid bank CEO

Aditya Puri is India's highest-paid bank CEO

Rediff.com   7 Jun 2014

However, the remuneration of Puri and Kochhar are not strictly comparable as the two banks follow different accounting practices.

'Except one, no pvt banks have issued RuPay cards'

'Except one, no pvt banks have issued RuPay cards'

Rediff.com   6 Jun 2014

In the domestic market, the cost is a third but in the international market, we are finding it difficult to price it accordingly.

YES Bank terms Madhu Kapur's allegations as baseless

YES Bank terms Madhu Kapur's allegations as baseless

Rediff.com   6 Jun 2014

Writes to shareholders highlighting its performance, governance practices.

Small pvt banks to opt for white-label ATM to reduce cost

Small pvt banks to opt for white-label ATM to reduce cost

Rediff.com   28 May 2014

A white-label ATM is similar to a normal bank ATM but is not owned by a bank, instead by a private ATM service provider.

Govt banks lure customers away from private lenders

Govt banks lure customers away from private lenders

Rediff.com   8 May 2014

Apart from streamlining loan processing, most public sector banks charge lower interest rate, an aspect which seems to be game changer.

Beware! Your mobile banking apps may not really be safe

Beware! Your mobile banking apps may not really be safe

Rediff.com   3 May 2014

Apart from mobile apps, 611 websites with the .in domain in the country were also found to be vulnerable, the Trend Micro survey reveals.

Top-3 pvt banks live up to expectations

Top-3 pvt banks live up to expectations

Rediff.com   28 Apr 2014

ICICI Bank, HDFC Bank and Axis Bank reported healthy loan growth and asset quality.

PSU banks to work 5 days a week soon?

PSU banks to work 5 days a week soon?

Rediff.com   21 Apr 2014

IBA has commissioned a study to evaluate the pros and cons of keeping banks shut on Saturdays.

New banks will open up fresh opportunities for tech firms

New banks will open up fresh opportunities for tech firms

Rediff.com   4 Apr 2014

With the advent of new banks, IT firms will get boostto their businesses.

For new banks, it's a race against time

For new banks, it's a race against time

Rediff.com   3 Apr 2014

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.

Deutsche Bank's Bagga quits

Deutsche Bank's Bagga quits

Rediff.com   19 Mar 2014

It is also learnt that Deutche bank has initiated a search for a new head of its private wealth management business in India

Amex's elusive black card now in Indian pockets

Amex's elusive black card now in Indian pockets

Rediff.com   10 Mar 2014

According to sources, a few hundred have been issued to Indian businessmen, celebrities and brand experts.

CVC meets United Bank, warns of strict action if found guilty

CVC meets United Bank, warns of strict action if found guilty

Rediff.com   28 Feb 2014

The Central Vigilance Committee has sought loan data from United Bank

Reserve Bank to enforce strict regime on United Bank

Reserve Bank to enforce strict regime on United Bank

Rediff.com   21 Feb 2014

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.

Govt banks develop cold feet on QIPs

Govt banks develop cold feet on QIPs

Rediff.com   4 Feb 2014

Some lenders in talks with LIC for pvt placement

HDFC Bank aims to offer 1 mn credit cards in 2014

HDFC Bank aims to offer 1 mn credit cards in 2014

Rediff.com   14 Jan 2014

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.

Muted growth likely for banks

Muted growth likely for banks

Rediff.com   8 Jan 2014

Loan defaults and restructuring to limit profits.

M&A deals continue to shrink in 2013

M&A deals continue to shrink in 2013

Rediff.com   27 Dec 2013

Outbound deal count in the current calendar year fell to 100 from 154 in 2012.

Foreign banks wait for norms on fully-owned subsidiaries

Foreign banks wait for norms on fully-owned subsidiaries

Rediff.com   31 Oct 2013

Currently, foreign lenders are present in India only through branches or representative offices.