Federal Bank has a strong presence in inward remittance from Gulf countries with 67 remittance tie ups with major exchange houses/banks, the biggest tally for any bank in India
For salaried individuals the fee starts as low as Rs 150
In talks for a joint venture as new route for foreign investors enhances role of custodians
Subbarao says aware of compliance, financing problems and regulator?s need to address these
Industry players to meet finance ministry officials next week
Srei plans exclusive $100-mn infrastructure fund in sub-Saharan nations
Chief operating officer too quits more expected as rate fixing scandal grips bank
Breaches the 55-level on increased demand for dollar from banks & importers
Still down 41 paise on good demand for dollar from banks & importers
Merges large corporate and mid-size corporate groups, leaves out infrastructure corporate group
Union Bank will offer crop loans, investment credit and loans for allied activities by up to Rs 50,000 at base rate only
The average AUM of the company reached Rs 47,200 crore by the end of the June quarter.
The ECB cut its main interest rate to a record low of 0.75%
RBI Governor D Subbarao chaired the meeting held at the Reserve Bank's Regional headquarters