Page 983 - Finance News

IndusInd Bank opens international banking unit at GIFT City

Bank will be able to actively offer products such as ECBs to customers in an area where it had limited capabilities so far

IndusInd Bank Q1 net up 26% at Rs 661.38 cr

Higher net interest income at Rs 1,356.42 cr contributes to the rise

Citi India FY16 net down 5% at Rs 3,233 cr

Capital adequacy at 15.8% up from 15.3% a year ago; net NPA at 0.5% compared to 0.4% as on March 31, 2015

Decision on capital infusion in select PSBs likely this week

The government has made Budget provision of Rs 25,000-crore capital infusion in PSBs for the current financial year

HC prevents bank staff from going on strike

Unions had planned two-day strike to protest merger of SBI associates, IDBI privatisation; matter to be heard on July 20

Bankers unsure of success of joint review

Corporate sector continues to face headwinds

Delhi High Court issues restraining orders on bank strike

From going on strike against the proposed merger of associate banks with State Bank of India

Govt to sell 4 securities for Rs 15,000 cr on Jul 15: RBI

Both competitive and non-competitive bids for the auction has to be submitted in an electronic format

IndusInd Bank Q1 net rises 26% to Rs 661 cr

Total income of the company increased to Rs 4,264.66 crore in the quarter under review

Strike in SBI associate banks on Tuesday

CH Venkatachalam said the government was trying to divert the people's attention from the mounting bad loans in the banking sector

Aditya Puri named best banking CEO in Asia

He is the chief executive and managing director of the second largest private sector lender HDFC Bank

IL&FS to rework investment manager model

IIML will offer structured products in infrastructure and real estate in the Middle East and Africa

HDFC Bank to focus on digital platform for sustained growth

The bank is well positioned to continue to grow faster than the banking sector both in retail and wholesale segments, HDFC Bank said

PSU bank employees to go on strike

All India Bank Officers' Association and State Sector Bank Employees' Association will also participate in the strike

Paytm Payments Bank looking at a pre-Diwali take-off

The Paytm Payments Bank will be headquartered in Noida and kick off its services from east and north to begin with

Financial services defy IT trend

Drive to simplify customer experience lifts tech spends by firms

Banks' profitability to remain subdued; margin pressure likely

Bad loans to stay at elevated levels

Bank employees to go on strike on July 12-13

Friday's conciliation meeting on issue of merger of associate banks with SBI, privatisation of IDBI Bank fails to yield results

Arun Jaitley questions high interest rates on savings

India, he said, has 'peculiar' characteristics of having quite high percentage of domestic savings

RBI allows foreign investors to buy PNB shares