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Bank of Rajasthan promoters banned
Posted: March 8th, 2010, 10:22pm EST
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Stock market regulator Sebi has banned 100 entities related to the Bank of Rajasthan (BoR), including several members from the Tayal family, the promoters of the bank, from all stock market-related activities. -
Govt looks to cut stake to let SBI hit D-Street
Posted: March 8th, 2010, 6:29pm EST
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With Govt's holding at 51%, the bank can raise up to Rs 20,000 crore. Financial Performance of Sugar Cos | Top 5 picks I Mid-term picks I Top gainers and losers
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Cost-cutting: ICICI sells Prabhadevi property
Posted: March 8th, 2010, 6:24pm EST
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ICICI has sold a 13-storey residential building at Prabhadevi in Central Mumbai occupied by the bank’s top brass as part of a cost-cutting exercise. -
ET in the classroom: Interbank liabilities
Posted: March 8th, 2010, 3:11pm EST
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ET helps you know about interbank liabilities. -
Rating cos may upgrade govt banks on capital support
Posted: March 8th, 2010, 2:59pm EST
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Indian banks may be upgraded by international rating agencies, following the government’s decision to recapitalise public sector banks. An upgrade will make it easier for them to raise funds in international markets. -
Govt seeks to cut stake in State Bank to 51 pct
Posted: March 8th, 2010, 2:28am EST
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Govt on Monday sought parliament's approval to cut the government's stake in top lender State Bank of India to 51 percent from 55 percent. -
SBI shortlists Visa, RBS, Global Payments for POS partnership
Posted: March 5th, 2010, 7:57pm EST
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The country’s largest lender State Bank of India (SBI) has shortlisted three candidates as potential partners for a joint venture that will install five lakh swipe machines for credit and debit cards across the country. -
Bankers want flexibility in short-term loan pricing
Posted: March 4th, 2010, 2:29pm EST
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Several banks have decided to come together to tell RBI that they should be given more flexibility in pricing short-term loans once the new system of base rate comes into effect. -
ANZ bank gets RBI okay to open account in India again
Posted: March 4th, 2010, 2:25pm EST
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Ten years after selling off its business in India, Middle East and other parts of South Asia, Australia and New Zealand (ANZ) Banking Group received an in-principle approval from RBI to open a branch in India. -
Australia's ANZ to re-enter India after 10 years
Posted: March 4th, 2010, 1:52am EST
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Australia and New Zealand Banking Group received approval to set up operations in India, the second fastest growing major economy, and targets a A$100 million ($90.50 million) pretax profit from India in three to four years.