Banking

  • investor
    Nov 29, 2013 23:55 ISTFinancial literacy

    Is investor education in MFs a myth?

    Other mediums should be tried to educate investors apart from conducting camps and airing television advertisements.

  • Reserve Bank of India
    Nov 20, 2013 22:54 IST

    RBI may issue bank licences in phases

    The Reserve Bank of India (RBI) is likely to give out the much-awaited bank licenses in a phased manner, with public sector or quasi public sector enterprises getting the nod within January next year.

  • Jun 17, 2013 16:44 IST

    Timeline: Changes to India's cash reserve ratio since 1992

    The Reserve Bank of India kept interest rates unchanged on Monday after cutting them in each of its previous three policy reviews, warning of upward risks to inflation posed by a falling rupee and increases in food prices.

  • Jun 17, 2013 16:42 IST

    Timeline: Changes to India's repo rate since June 2000

    The Reserve Bank of India kept interest rates unchanged on Monday after cutting them in each of its previous three policy reviews, warning of upward risks to inflation posed by a falling rupee and increases in food prices.

  • Jun 18, 2013 21:37 IST

    Not an all-women bank after all

    The proposed all women’s bank, slated to be set up by this year, may not land up being a bank manned primarily by women staff or one having only female customers. The bank is likely to recruit eligible candidates in a gender-neutral manner and cater for all customers –men and women, sources said. Mahua Venkatesh reports.

  • HSBC
    Jun 19, 2013 22:39 IST

    Cobrapost stings HSBC, Standard Chartered

    Global banking behemoths HSBC and Standard Chartered, whose employees were today accused of participating in money laundering in the latest sting operation by investigative website Cobrapost, have launched probes into the allegations. HT reports.

  • first jobs
    Jun 20, 2013 22:01 IST

    Mushrooming banks set to fuel jobs boom

    With the RBI set to issue new licences to a host of private companies, around 50,000 jobs are likely to be created over the next two years in the sector, say analysts and headhunters. Mahua Venkatesh and Himani Chandna Gurtoo reports.

  • Jun 20, 2013 22:55 IST

    Sting survivors set to get govt praise

    It could be felicitation time for honest bank executives. The finance ministry has asked Cobrapost to provide details of banking executives who carried out their duty diligently, without compromise. Mahua Ventakesh writes.

  • Jun 20, 2013 23:03 IST

    Decision on RBS split soon: UK

    Britain will examine whether to break up Royal Bank of Scotland (RBS), finance minister George Osborne said on Wednesday, after acknowledging its re-privatisation remains a long way off.

  • UBS bank
    Jun 21, 2013 22:57 IST

    UBS to close sole India branch, to continue equities, i-banking

    Swiss banking major UBS has decided to surrender its banking licence in India

  • Jun 21, 2013 23:36 IST

    Indian ATM users get savvy, change PIN often for safety

    Bank customers in India are becoming security conscious with their ATM (automated teller machines) transactions. Instances of change in debit card PIN (personal identification number) numbers by bank customers has risen by more than 100% in the last one year. Sachin Kumar reports.

  • Pratip Chaudhuri
    Jun 23, 2013 12:04 IST

    SBI to hire 10,000 officers, employees in current fiscal

    State Bank of India plans to hire 10,000 officers and employees in the current fiscal to spruce up its operations.

  • Indian currency notes
    Jun 24, 2013 22:14 IST

    Government may step in to create mega state-run banks

    In a major shift in stance, the finance ministry has itself initiated discussions on mergers of public sector banks (PSBs) instead of leaving it to bank boards. Mahua Venkatesh reports.

  • Jun 25, 2013 21:28 IST

    SEBI eases norms for foreign portfolio funds to lure precious dollars

    Capital market regulator Securities and Exchange Board of India (SEBI) today announced a catalogue of measures including simplifying rules and registration procedures for foreign investors aimed at attracting dollars, vital to spin jobs and multiply income in a slowing economy.

  • Jun 26, 2013 22:30 IST

    Amex sheds upmarket obession

    Known traditionally for snob value in catering only to wealthy customers, American Express is now looking at the middle-income segment to expand its base in India.