&ldquo;Just between us,&rdquo; it may be &ldquo;stupid&rdquo; to use certain words in email to &ldquo;discuss&rdquo; the &ldquo;big trouble&rdquo; you might face if you&rsquo;re ever investigated for financial wrongdoing or a subsequent cover-up.

'Stupid' Lehman emails didn't stay 'just between us'

Business Standard

Thrissur-based Dhanlaxmi Bank will enhance the number of employees to 3,800 during the current financial year.

Dhanlaxmi Bank to hire 500

India is likely to see more capital inflows as investors may find the Indian market an attractive destination, especially in the backdrop of uncertain global markets, Reserve Bank of India Deputy Governor Usha Thorat has said.

Euro crisis may trigger more capital flows into India: RBI

Press Trust of India

India will remain a focus area for multilateral lending institutions &mdash; like Asian Development Bank (ADB) and International Finance corporation (IFC), the private financing arm of World Bank &mdash; on expectation that the recovery in the Asian markets will be faster than the rest of the world.

ADB, IFC to infuse $1 billion each to fund development

The government today approved infusion of Rs 6,211 crore in five public sector banks &mdash; Bank of Maharashtra, Central Bank, UCO Bank, IDBI Bank and Union Bank. The Union Budget had announced infusion of Rs 16,500 crore in public sector banks to increase their capital.

Govt clears Rs 6,211 cr for 5 govt banks

The Reserve Bank of India (RBI) today asked troubled lender Bank of Rajasthan &mdash; set to be acquired by ICICI Bank &mdash; to remove Deputy Managing Director Deepak Saruparia, charging him with violation of norms in certain property transactions related to the bank.

RBI asks BoR to sack deputy managing director Saruparia

Private sector lender YES Bank says it will prefer multiple investors to replace Rabobank, which holds a 15.9 per cent stake in the bank, as it will result in more liquidity for the stock.

Multiple investors good for YES Bank: Rana Kapoor

As a part of its endeavour to educate the rural people on various banking services, Andhra Bank has proposed to set up a Financial Literacy and Credit Counselling Centre (FLCC) in south Orissa&rsquo;s Ganjam district.

Andhra Bank to set up financial literacy centre in Ganjam

State-owned UCO Bank today said it plans to come out with a follow-on public offer in July to raise around Rs 500 crore.

UCO Bank plans to raise Rs 500 cr through FPO in July

Private sector Dhanalaxmi Bank today said it has entered into an alliance with HDFC Mutual Fund for distributing the latter's financial products through its branches across the country.

Dhanalaxmi Bank in tie-up with HDFC MF

Public sector lender Vijaya Bank today said it has received Rs 700 crore from the government as part of the package to shore up capital of state-run lenders.

Vijaya Bank gets Rs 700 cr capital from govt

The Reserve Bank of India (RBI) has said that introduction of the new regime of base rate -- a benchmark rate below which banks will not be allowed to lend money -- is unlikely to raise the effective lending rates for corporates.

Base rate unlikely to raise lending rates for corporates: RBI

The State Building and other Construction Workers Welfare Board has decided to introduce a new pension scheme that envisages payment of Rs 1,000 a month for registered construction workers who have attained the age of 60 years.

New pension scheme for construction workers in Andhra

To ensure bank credit for housing in rural Madhya Pradesh, the state government has planned to provide title deed to house owners in rural areas. The bankers have denied housing loans under various schemes, including the Golden Jubilee Rural Housing Finance scheme, as rural residential areas are neither registered nor bear any title.

MP to give title deeds for rural housing

PMO&rsquo;s objection results in candidates needing 18 months of residual service.

North Block tweaks bank chief selection rules again

Loan defaulters will now find it difficult to rid themselves of all their liabilities through the one-time settlement (OTS) scheme. Public sector lenders plan to insert a clause that will bar them from withdrawing criminal cases against private persons, irrespective of a settlement.

Banks to tighten loan settlement norms

Even as India&rsquo;s annual inflation rate touched 10.16 per cent in May, Finance Minister Pranab Mukherjee today ruled out the possibility of interest rates rising in the short term. He said he expected inflation to be on the higher side till the middle of July.

Pranab rules out rise in near-term rates

Rupee rose the most in two weeks on speculation RBI would raise borrowing costs for a third time this year to curb inflation, making local assets more attractive to investors seeking higher yields.

Re rises on rate speculation

Opinion divided, but other sources of finance may also become dearer.

Companies may have to pay more under base rate system

Some of the large government banks are expected to announce their base rate this week.

Large govt banks to announce base rate this week

Despite quite a few catastrophes, reinsurance rates in the Indian market have remained stable. In contrast, global rates have softened.

Reinsurance rates remain stable despite catastrophes

Finance News: Latest investing news and finance headlines straight from Business Standard.

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