India Opens Doors To Foreign Banks, But...

But selectively, with regulatory scrutiny and special approval, points out Tamal Bandyopadhyay. Illustration: Dominic Xavier/Rediff   In September 2006, the Union government had put the Satara......

Blackstone to invest Rs 6,200 crore for 9.99% stake in Federal Bank

Private-sector lender Federal Bank on Friday announced that New York-based Blackstone will invest Rs 6,196.51 crore in the bank through its affiliate Asia II Topco XIII Pte Ltd via a preferential......

Change of stance to neutral doesn't mean pause on rate cut: Economists

The change in stance to neutral from accommodative in the June monetary policy meeting does not necessarily signal that the Reserve Bank of India’s (RBI’s) rate setting body — monetary policy......

Why Are All Eyes on Nifty Bank?

India's banking sector is making headlines - and for good reason. As the heartbeat of the nation's economy, the Nifty Bank index has surged ahead, drawing attention from traders, analysts, and......