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Kotak-ING Vysya deal under union cloud shows M&A risks
Thu, Dec 11 2014. 06 32 PM

Kotak-ING Vysya deal under union cloud shows M&A risks

Unions representing about 35% of ING Vysya’s 10,591 workers may bog down the deal, according to Morgan Stanley
Thu, Dec 11 2014. 08 32 AM

RBI finds falling inflation a hard sell for Indian consumers

RBI faces a problem over public perceptions that price rises will return to double-digits even though forecasts show retail inflation fell to a record low
NBFC-MFIs are not what the future is: Vikram Akula
Thu, Dec 11 2014. 01 21 AM

NBFC-MFIs are not what the future is: Vikram Akula

Akula talks about his three-year hiatus and his comeback to financial inclusion as Vaya Finserv chairperson
Government a step closer to reducing holdings in public sector banks
Thu, Dec 11 2014. 12 19 AM

Government a step closer to reducing holdings in public sector banks

Banks allowed to raise additional capital to meet Basel-III norms by diluting government holdings up to 52% in phases
RBI continues to buy dollars as it keeps rupee in check
Wed, Dec 10 2014. 10 34 PM

RBI continues to buy dollars as it keeps rupee in check

The central bank bought $2.7 billion worth of foreign currency on a net basis in October, up from the $1.43 billion it bought in September
BIS warns on offshore debt of non-banking firms
Wed, Dec 10 2014. 09 41 PM

BIS warns on offshore debt of non-banking firms

International banking activity steadily expanded during April and June with cross-border claims increasing by 1.2% in the year to end-June 2014
RBI lures distressed debt experts for bad loan job
Wed, Dec 10 2014. 11 21 AM

RBI lures distressed debt experts for bad loan job

RBI is pushing new rules to empower lenders to recoup money from defaulters governor Rajan called ‘freeloaders’
SBI launches first homegrown economic indicator
Tue, Dec 09 2014. 11 13 PM

SBI launches first homegrown economic indicator

SBI Composite Index will track manufacturing activity to offer forward-looking economic trends
Jet Airways, American Express launch co-branded credit card
Tue, Dec 09 2014. 09 49 PM

Jet Airways, American Express launch co-branded credit card

Jet-American Express credit card is aimed at helping small and mid-sized firms and their executives save substantially on business travel
Lending rates will come down, says SBI chief
Tue, Dec 09 2014. 08 11 PM

Lending rates will come down, says SBI chief

Lending rates will come down but only after the bank is able to bring down its cost of funds and sees a pickup in credit growth, says SBI chief
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