Page 1431 - Finance News

Kotak Mahindra launches savings account for children, recurring deposit

Under Kotak Junior account, if parents make continuous payments towards RD or SIP, bank offers rewards in form of free movie tickets or book vouchers

RBI may soon start overnight sale of govt cash surplus

Move would take pressure off the RBI to buy bonds through open market operations, which are inflationary

ICICI Bank UK launches online account for remittance

Account holders will aslo earn 1.50% interest on any balance maintained in the account

RBI again seen selling dollars via state-run banks: dealers

The suspected intervention pulled back the rupee to 59.80/81 to the dollar

RBI unlikely to cancel Friday's bond auction for now: officials

Officials to wait for outcome of the underwriting auction to gauge demand for these bonds

India has no plan to increase H1 inflation-linked bond issuance: source

RBI is scheduled to sell Rs 1,000 crore of 1.44% 2023 inflation-indexed government bonds on June 25

Bond auction: RBI goes for uniform price method to curb volatility

But weakening rupee might continue to be a dampener

Rupee decline casts shadow over PE exits

Indian industry had witnessed the largest size of PE investments during years 2006-2008

Cobrapost shows brighter side of Indian banking

In its latest expose, portal reveals 'ethical bankers' who refused to launder money in addition to charges on foreign banks

Tourism Fin Corp to submit application for setting up bank

RBI to auction inflation-indexed government stock on June 25

Of private equity funds and their ties with promoters

Short-term, unrealistic expectations could lead to sour relationships, charges of corporate governance failures

Co-investment model gaining popularity in the country

Oriental Bank of Commerce to sale NPAs worth Rs 1,000 cr

In all 59 accounts of small, medium size and some large companies are up for sale

Kotak revises premium banking offer

The revamped Privy League consists 3 new tiers - Prima, Magna and Optima - which will offer more banking options, exclusive service

ICICI Bank raises 650-mn Chinese yuan via bonds

Reg S bonds are offered to non-US residents and qualified institutional buyers under an exception to US securities laws

Commercial vehicle loans of 2012 vintage see sharp rise in defaults

The securitised paper, backed by construction equipment loans, tractor loans and mortgage loans, continued to exhibit a stable performance

More action from IMF needed to reduce Euro zone spillover, says RBI

Stresses need for action to stop further deterioration in the global economy

As deadline looms, banking licence aspirants scramble to meet RBI norms

Religare promoters to pare stake in the company; IDFC board gives go-ahead to apply

Now, mid-income segment to be offered Amex cards

American Express Banking Corp offering fabled 'black card' to world's wealthiest plans to introduce credit card for mid-income groups in India by end of this week