The Dubai Financial Services Authority has upgraded the Hinduja Bank's licence, a move that will allow it to provide a whole range of financial services to clients in Europe, Middle

The Indian rupee appreciated by 15 paise to 45. 43 a dollar in the early trade today amid increased capital inflows by foreign funds into equities

Public sector banks Bank of India (BoI) and Central Bank of India have raised interest rates paid on deposits suggesting liquidity tightening is on the horizon, but bankers say excess

The mutual funds industry says the new regulation from the Securities and Exchange Board of India (Sebi) asking them to allot units of new funds within five working days from

State-owned Power Finance Corp today said it would sanction loans to the tune of Rs 68,000 crore in the next financial year.

Religare Enterprises on Tuesday announced that it is going to set up a sales and distribution outfit in Japan to sell its financial products. The company has hired a

Mahindra & Mahindra Financial Services, a non-banking financial company focused on the semi-urban and rural markets, has over Rs 10,000 core of assets under management, and 440 branches spread across

Royal Bank of Scotland is planning to restructure its balance sheet through a programme which may involve buying back of around 10 billion pound of the British bank's debt, a

Private sector insurance firms have more than three times the outstanding number of death claims on individual insurance policies compared to state-owned LIC, Finance Minister Pranab Mukherjee told the Rajya Sabha today.

There is no proposal for government-run State Bank of India to take over any other state bank, minister of state for finance said on Tuesday. "