mydigitalfc.com - Banking

Union Bank hikes deposit rates by up to 0.50%

Sat, 03 Apr 2010 15:28:53 +0530

Public sector lender Union Bank of India today announced hiking deposit rates by up to 0. 50 per cent across various maturities with effect from April 5

Ashok Leyland Fin gets RBI go-ahead

Thu, 01 Apr 2010 22:09:36 +0530

Commercial vehicle (CV) major Ashok Leyland has received the Reserve Bank of India (RBI) approval for its vehicle financing non-banking financial company (NBFC), Hinduja Leyland Finance (HLF). The venture

Swiss government drops bank disclosure objection

Thu, 01 Apr 2010 21:58:10 +0530

The Swiss cabinet says it no longer supports rulings by two Swiss courts that have prevented a planned handing over of more than 4,000 names of UBS clients suspected of

ICICI expects lending rates to go up with higher credit growth

Thu, 01 Apr 2010 15:19:48 +0530

The country's largest private sector lender, ICICI Bank, today said credit offtake will pick from July putting pressure on lending rates.

"From the second quarter of this financial year you

For Rothschild banking dynasty, all is no longer in the family

Tue, 30 Mar 2010 22:22:31 +0530

More than 200 years ago, a German banker, Mayer Amschel Rothschild, sent his five sons to different European cities to guarantee the survival of what became one of the most

SBI to kick off Doha, Jeddah operations soon

Tue, 30 Mar 2010 15:19:56 +0530

Moving a step closer to consolidating its position among foreign financial institutions in the Gulf region, the country's largest lender State Bank of India today said it is in advanced

Credit Suisse gets RBI approvals for banking foray

Mon, 29 Mar 2010 22:44:36 +0530

Credit Suisse, a major Switzerland-based bank, has received the Reserve Bank of India (RBI) approval to establish its maiden branch in India. The branch in Mumbai will allow the

Credit Suisse gets in-principle nod to establish bank branch

Mon, 29 Mar 2010 14:31:11 +0530

Switzerland-based bank Credit Suisse today said it has received an in-principle approval to establish a branch in Mumbai, enabling it to substantially expand the range of services it offers in

RBI asks bank body to set a framework for charges

Sun, 28 Mar 2010 22:07:09 +0530

Faced with a rising number of customer complaints on excessive charges levied by different banks, the Reserve Bank of India (RBI) has asked the Indian Banks’ Association (IBA) to come

India is hugely under-penetrated, this justifies premium in valuations

Sun, 28 Mar 2010 13:16:46 +0530

Madhabi Puri Buch, MD and CEO of ICICI Securities, is one of those die-hard optimists on Dalal Street who believe firmly on the India growth story. In fact, she

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