Page 33 - Somasroy Chakraborty

Agents struck by commission-refund policy

Private life insurers take step to improve persistency ratio and arrest policy lapses

ICICI Bank plans to repatriate part of capital from its UK arm

ICICI Bank is of the view that the UK arm would have more than adequate capital even after the repatriation move

Banks set up play area for kids, conference rooms for HNIs

For instance, Federal Bank's new branch in Thiruvalla, Kochi, has a 'play area' for children

Banks may get more time to shed bulk deposits

Finance ministry may extend deadline on case-to-case basis

Private lenders wary on home loan rates

Even as their PSB counterparts begin pre-festive season discounts, they say cost of funds high, still rising

Moneylenders back in AP with jumbo lending rates

Micro-borrowers pay as much as 225% interest

BS People: Ravneet Gill

Veteran banker gets top job at Deutsche India

Current account deposits shrink in Q1

Cash for Casa: Banks reward staff to boost low-cost deposits

These were all good faith mistakes, not malfeasance: Peter Sands

Interview with Group CEO, Standard Chartered

BS People: Shantanu Ambedkar

Ambedkar is HSBC's banker to India's wealthy

Credit card spend touches record high in first quarter

Rs 28,465 cr spent on credit cards across point of sale terminals

We are looking to leverage technology by introducing innovative products: Mahendren Moodley

Interview with CEO & Country Manager, FirstRand Bank, India

Barclays India faces valuation hurdle

The British lender is now likely to recover the money on its own, instead of selling the loans at hefty discounts

Deccan Chargers' fate hangs in balance

Seek more time to repay corporate loans: SBI

State Bank of India (SBI) is advising its corporate borrowers to seek more repayment time while applying for loans

HSBC to finally get 23 Royal Bank of Scotland branches

The Reserve Bank of India's approval for staggered takeover, branch allocation to be outside annual allotment exercise

India profits for small foreign banks plunge

Lower revenue, rise in costs, higher provisions hit earnings in a subdued growth environment

Agents struck by commission-refund policy

Private life insurers take step to improve persistency ratio and arrest policy lapses

HDFC & 'recession-proof' formula

The home financier is able to report the same loan growth Q-o-Q