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Hsbc Group General Manager And Country Head N

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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......

India's $400-billion forex reserves comes at a cost

 What the reserves offer for now is improved import coverage of about 13 months, almost double the 2013 level of less than seven months. And, ammunition to arrest a rapid rupee slide, says Anup Roy.......

India is proficient in making laws but lax in enforcing them

 The loudest criticism of the new black money law is that while it is meant to prosecute and punish Indians with illegal foreign incomes and assets, the much bigger problem of black money in the......

RBS to close 23 of 31 branches in India

 Royal Bank of Scotland said it had started the process of consolidating its retail and commercial banking business in India and would close 23 of its 31 branches across the country. The process is......

HSBC hasn't done anything that Mr Kejriwal has alleged: Stuart Milne

 HSBC appointed group veteran Stuart Milne as chief executive of its India operations in April last year. The period has been extraordinarily tough as the bank came under a cloud because of money......

'Investing in girls is about the smartest thing you can do'

 Over Dosas in Mumbai, Oscar winner Megan Mylan tells Vaihayasi Pande Daniel why she chose India and girl empowerment as the subject of her new documentary. Image: Megan Mylan (centre) with her......

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