Swati Pandey And Suvashree Dey Choudhury

Stories by Swati Pandey And Suvashree Dey Choudhury

RBI fines Axis, HDFC, ICICI banks for rule violations

RBI fines Axis, HDFC, ICICI banks for rule violations

Rediff.com   10 Jun 2013

The RBI said it had not found initial evidence of money laundering against the three banks.

Competition in SUVs bound to hit market share: Mahindra

Competition in SUVs bound to hit market share: Mahindra

Rediff.com   30 May 2013

The market shares has already tumbled to 48 per cent from the earlier 56 per cent.

RBI may sweeten rate cut with lower cash reserve ratio

RBI may sweeten rate cut with lower cash reserve ratio

Rediff.com   2 May 2013

The majority view remains for the central bank to leave the cash reserve ratio unchanged at 4 per cent.

Unilever to raise stake in HUL in $5.4 billion offer

Unilever to raise stake in HUL in $5.4 billion offer

Rediff.com   30 Apr 2013

There will be more incentive for the parent company to share technology with the Indian unit.

ICICI Bank net profit up 21%, meets forecasts

ICICI Bank net profit up 21%, meets forecasts

Rediff.com   26 Apr 2013

The bank posted a net profit of about Rs 2,300 crore.

HDFC Bank net profit up 30%

HDFC Bank net profit up 30%

Rediff.com   23 Apr 2013

HDFC Bank met forecasts with a 30 per cent rise in quarterly profit led by higher loan growth, fee income and stable asset quality.

SBI doesn't expect to recover much from KFA asset sale

SBI doesn't expect to recover much from KFA asset sale

Rediff.com   14 Feb 2013

The consortium might get about Rs 1,000.

Despite concerns, India to let corporates into banking

Despite concerns, India to let corporates into banking

Rediff.com   11 Feb 2013

India will soon allow corporate houses to open banks despite misgivings within the RBI.

State Bank of India cuts base rate by 5 basis points

State Bank of India cuts base rate by 5 basis points

Rediff.com   30 Jan 2013

The key lending rate is now 9.7 per cent.

Yes Bank denies rumour of stake buy in JM Financial

Yes Bank denies rumour of stake buy in JM Financial

Rediff.com   2 Jan 2013

CEO Rana Kapoor said no such discussion or proposition has ever transpired.

Politics, laws weigh on Islamic finance in India

Politics, laws weigh on Islamic finance in India

Rediff.com   20 Dec 2012

An estimated 177 million Muslims in India, the largest Muslim minority population in the world, are unable to use Islamic banks because laws covering the sector require banking to be based on interest, which is forbidden in Islam.

« Prev  |