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Lakshmi Vilas Bank Ltd

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Citi joins list of foreign banks scaling down India ops

Citibank on Wednesday joined the list of foreign banks that have exited retail banking business in India. Photograph: Chris Helgren/Reuters Mumbai-based Axis Bank completed acquisition of......

'Let public, not foreigners, own public sector banks'

'What we have to think about is, how to improve the efficiency of public sector banks.''You have to make decision-making more prudent, and free from government intervention.' Kindly note the image......

Axis Bank buys Citi's India retail business for Rs 12,325 cr

Axis Bank on Wednesday said it will acquire US-based Citi's consumer business in India for Rs 12,325 crore in one of the largest deals in the Indian financial services space which will help it......

Why are foreign banks marching out of retail banking?

Foreign banks set the template in consumer banking in its infancy, but have almost vacated this booming space. Raghu Mohan reports. Illustration: Dominic Xavier/Rediff.com On March 8, Axis Bank......

RBL's chief tries to allay concerns on bank's health

RBL Bank’s interim chief executive officer (CEO) and managing director (MD) Rajeev Ahuja on Sunday tried to allay concerns around the health of the bank. He said events during the weekend......

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