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Phaneesh case brings focus on India Inc's liability policy

25 May 2013

The policy premium ranges between Rs 4 lakh and Rs 10 lakh, based on the sum assured of Rs 6 cr and above

RBI to relax contract booking norms for exporters

25 May 2013

Will continue to manage exchange rate to curb excessive volatility

FM-LIC Board meet: LIC asked to open 1,800 new offices

25 May 2013

Increase in insurance penetration is top agenda

Fast-track court to deal chit fund fraud

25 May 2013

Acting tough on fraudulent financial entities duping innocent investors, the Odisha government has decided to get these cases settled by a fast ...

Sidbi targets Rs 45,000 cr disbursements in FY14

25 May 2013

Small Industries Development Bank of India (Sidbi) engaged in promotion and financing of micro, small and medium enterprises (MSMEs), is eyeing ...

Subbarao grilled over busting of Saradha

25 May 2013

Parliamentary panel asks him why no action was taken against the company among others when they offer fancy rates of returns

RBS to close 23 of 31 branches in India

25 May 2013

Move comes after bank's failure to close deal with HSBC

SBI signs MoU with Spanish bank

24 May 2013

The MoU will give SBI direct access to Latin American market

NPAs of 39 banks increased 0.8% in fourth quarter of 2012-13

24 May 2013

Net non-performing assets (NPAs) or bad loans of 39 banks increased by a negligible 0.8% or Rs 750 crore only in the fourth quarter of 2012-13. ...

RBI plans to ease hedging norms for exporters, importers

24 May 2013

The Reserve Bank of India plans to allow exporters and importers to rebook and cancel up to 50% of their total hedged exposure from the present ...

Rupee weakens on global cues

24 May 2013

This despite the strong inflows in domestic markets by foreign institutional investors

SBI tightens lending norms, goes after NPAs

24 May 2013

Steps up loan recovery to improve asset quality

Subbarao agreed with minority of advisors, show minutes

24 May 2013

RBI had cut the repo rate by 25 basis points on May 3 and now it stands at 7.25%

Insurers in operation for 3 years eligible to set up foreign office: Irda

24 May 2013

'Foreign insurance company' shall mean a company registered outside India whose paid-up capital is subscribed to by an Indian insurance firm

Insurance regulator meets brokers, assures steps to address concerns

24 May 2013

Brokers have demanded that there should be a reduction in penalties for them

Indian firms rush for cover as currency falls

24 May 2013

Since May 1, the rupee has fallen 3.31%, due to the increasing strength of the dollar against all currencies, as well as the country's high ...

SBI Q4 net profit falls 18.5%

24 May 2013

Higher loan loss provisions, rise in expenses led to lower profit

Canara Bank to raise up to $1 bn from overseas mkt next week

23 May 2013

The funds raised would be utilised for growth of overseas business of the bank

SBI to invest in high quality stocks only: Chaudhuri

23 May 2013

"We have decided to do trading in high quality stocks only, preferably the Nifty stocks which have good volumes and less volatility," Chaudhuri ...

Subbarao went against panel suggestion of no repo rate cut in May

23 May 2013

Reserve Bank of India Governor Duvvuri Subbarao went against the suggestion of a majority of external members of the central bank's monetary ...

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