Stuard Milne, CEO, HSBC India talks about the bank's gameplan in the country.
'With technology advancing rapidly, the need for branches is declining.'
British banking major HSBC on Thursday announced a consolidation exercise under which it will almost halve the number of branches in the country to 26, which will lead to 300 job losses.
CEOs of leading banks say third straight rate hike by RBI inevitable, though not desirable.
A revival in investment is likely to be a key near-term initiative.
Foreign banks were ahead in terms of technology, but that is no longer the case as Indian private banks steal the innovation march.
Royal Challengers Bangalore captain Virat Kohli remembered 'controversial' former franchise director Vijay Mallya for picking him in the team and providing an opportunity to rub shoulders with the world's best players. "My association with RCB has been special as it has been exciting from the first season. I was chosen to play for RCB by Mr Mallya. I have learnt so much and getting to play with the world's best players. "I am welcomed here warmly, I love this franchise, the city, fans, deep connection," he told reporters on the eve of his team's face-off with Sunrisers Hyderabad at Chinnaswamy stadium in Bengaluru. Mallya, who has defaulted in loans in excess of Rs 9000 crore, is facing probe by various investigative agencies. The 60-year-old bought RCB in 2008 but the popular franchise has not been able to win a single Indian Premier League title in eight attempts.
With an aim to stay relevant till the business end, a desperate Kings XI Punjab will be aiming a comprehensive victory against a down and out Royal Challengers Bangalore in an Indian Premier League, in Bengaluru, on Friday.
Kolkata Knight Riders will look to regain their momentum and remain in the hunt for the knockout stage when they clash with laggards Royal Challengers Bangalore in an Indian Premier League encounter, in Bengaluru, on Sunday.
List of players released by IPL teams ahead of next month's auction for 2020 season:
Pushed to the bottom of the heap after three successive losses, it will take an extraordinary effort from Royal Challengers Bangalore to overpower table-toppers Rajasthan Royals when the two sides clash in an Indian Premier League match in Ahmedabad on Friday.
Mumbai Indians will look to continue in similar vein when they lock horns with Rajasthan Royals in
Injury-hit RCB and Delhi look to outshine each other.
Desperate to break their title jinx, Virat Kohli-led Royal Challengers Bangalore will be hoping for a positive start to their campaign in the ninth edition of the Indian Premier League, when they take on Sunrisers Hyderabad, in Bengaluru, on Tuesday.
Having notched three straight victories after a string of losses, Mumbai Indians are looking to defeat Rajasthan Royals and inch closer to a play-offs berth when the two sides face each other in an Indian Premier League encounter in Mumbai on Sunday.
Misfiring Mumbai Indians, struggling to get their team combination right, will take on the formidable batting might of Royal Challengers Bangalore in a potentially explosive Indian Premier League clash at the Wankhede Stadium, in Mumbai. On Wednesday.
Only pride will be at stake when Delhi Daredevils host embattled Royal Challengers Bangalore in an inconsequential IPL game in New Delhi, on Sunday, with both teams seeking an end to their misfiring campaign on a positive note.
Dhoni has to ponder over both the batting and bowling departments of his team.
The 2015 ICC World Cup has thrown up a lot of exciting moments since it began last week on February 14. Rediff.com gives you a quick flashback of all the action-packed, intense moments that had us watch in awe.
RCB began their campaign without skipper and star batsman Virat Kohli as well as another key player A B de Villiers due to injuries and lost their opening match against defending champions Sunrisers Hyderabad.
Royal Challengers BangalorStruggling RCB face inconsistent Supergiant in must-win game will be striving to keep their IPL hopes alive when they meet an equally inconsistent Rising Pune Supergiant in an Indian Premier League encounter, in Pune on Saturday.
Royal Challengers Bangalore will be aiming for revival when they clash against out-of-sorts Gujarat Lions in an Indian Premier League match.
Kolkata Knight Riders will be looking to earn two valuable points and move up to second spot in the points-table when they take on struggling Royal Challengers Bangalore.
New Zealand's Tim Southee produced a brilliant spell of swing bowling for career best figures of 7-33 to dismiss England for 123 in their World Cup Pool A match at Wellington Regional Stadium on Friday.
Stung by a batting debacle, Royal Challengers Bangalore have the onerous task of picking up pieces when they face defending champion Sunrisers Hyderabad on Tuesday, with a singular aim of keeping their hopes alive in the Indian Premier League.
Through the book 'Make in India' authors Ranjini Manian and Joanne Grady Husky bring you the wisdom of twelve CEOS who walked the trail before them.
A demoralising defeat in their own den will certainly serve as a wake-up call for the Kolkata Knight Riders bowlers as they take on a menacing Royal Challengers Bangalore batting line-up in an Indian Premier League encounter, in Kolkata, on Sunday.
Virat Kohli and Steven Smith will be eager to stem the rot when Royal Challengers Bangalore square off with Rising Pune Supergiants in an Indian Premier League encounter.
Their winning momentum punctured after a loss to Rising Pune Supergiants, Sunrisers Hyderabad would look to get back to their winning ways when they take on a struggling Royal Challengers Bangalore in an Indian Premier League Twenty20 match, in Hyderabad, on Saturday.
Gujarat Lions would be looking to get back to winning ways when they lock horns with Royal Challengers Bangalore.
Team India has two members - MS Dhoni and Ishant Sharma - of that victorious 2009 side returning to New Zealand for the One-Day International series, which commences on Sunday. The hosts, however, are almost a completely overhauled unit. The teams may not appear equal on paper but the home advantage is something than should benefit New Zealand. Rajneesh Gupta presents a statistical lowdown of the teams ahead of tour opener in Napier.
Enjoying one of the best phases in his career so far, Royal Challengers Bangalore's inspirational leader Virat Kohli is ready to play through pain against Kings XI Punjab with multiple stitches in his split webbing in another must-win IPL encounter in Bengaluru on Wednesday. Kohli sustained split webbing in his left hand while fielding against Kolkata Knight Riders as he went for a diving catch. He left the field briefly to get medical assistance, got his webbing taped and was back in field. He then played another classy knock to keep RCB's play-off qualification hopes alive. "I might need 7-8 stitches," Kohli had said after the match but if KXIP thought that the opposition skipper will make himself unavailable, they would be in for disappointment as RCB's manager Avinash Vaidya said that India's No 1 batsman will be playing in this crucial encounter.
The International Cricket Council released the provisional squads of the 12 teams for next year's World Cup in Australia and New Zealand on Friday. However, co-hosts Australia and minnows Ireland decided against releasing the provisional list although they submitted 30 names to the parent body within the stipulated deadline.
'In the final analysis, all Budgets everywhere are like the schemes hatched by A A Milne's lovable Winnie-the-Pooh.' 'They may be well-intended, but often go awry.' 'Although Pooh and his friends agree that he 'has very little brain', he is occasionally acknowledged to have a clever idea, usually driven by common sense.' 'This Budget at a first glance does not appear to belong to that latter category,' says economist Shreekant Sambrani.
Royal Challengers Bangalore will stand in the way of two-time former champions Kolkata Knight Riders' bid to make it to the play-offs in a mouthwatering Indian Premier League encounter.
Ahead of the start of the ninth season of the IPL, Rajneesh Gupta presents a detailed statistical analysis of the players involved.
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