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3 HDFC Bank staffers arrested for trying to rob NRI account

The Delhi Police Cyber Cell has arrested 12 people, including three HDFC Bank employees, for allegedly trying to withdraw money from the account of an NRI, officials said on Tuesday. The bank had......

6 merchant bankers in fray for govt's HZL stake sale

As many as six merchant bankers are vying to handle and manage the sale of the government's 29.53 per cent residual stake in Hindustan Zinc Ltd (HZL), according to an official notice.......

Battered by three decades of controversy, TMB looks back to the future

June was a memorable month for the 101-year-old Tamilnad Mercantile Bank (TMB). Last month, the Thoothukudi-based bank witnessed two new landmarks in a history in which the last three decades could......

India's forex reserves decline by $4.6 bn as RBI sells dollars

The fall in total reserves was mainly because of a decline in foreign currency assets worth $4.5 billion, the data showed. India’s foreign exchange reserves declined $4.6 billion to $596......

Loans to get more expensive as banks hike lending rates

A day after the Reserve Bank of India’s (RBI’s) Monetary Policy Committee hiked the policy repo rate by 50 basis points (bps), several commercial banks, including ICICI Bank and Bank of......

India Inc's profits rise 28% in March quarter, banks contribute the most

A strong performance by sectors including banking raised the profits of Indian companies by 28 per cent in the three months ended March 2022. Illustration: Uttam Ghosh/Rediff.com The rate of......

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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