Moody's Investors Service today upgraded its outlook for India's banking system to 'stable' from 'negative' on expectation that a gradual improvement in the operating environment for lenders will lead to lesser growth in bad loans in future.
Private sector lender Yes Bank, said that two of its directors - M R Srinivasan and Diwan Arun Nanda, will assume office from today.
In a filing to the BSE,
State-run Bank of India today opened its bond issue to raise $750 million (about Rs 4,750 crore) under its medium-term notes (MTN) programme.
"Bank of India (BoI) is opening its
Private sector lender IndusInd Bank has registered a 25. 1 per cent rise in its net profit for the fourth quarter to Rs 495
Public sector lender Bank of India (BOI) today said it has raised over Rs 641. 99 crore by issuing shares on preferential basis to LIC and New India Assurance
At the centre of a probe into black money allegedly stashed by Indians in Swiss banks, global banking giant HSBC increased its headcount in India by 1,000 last year to
Shares of finance companies which provide loans against gold rally after the RBI on Tuesday allowed banks to engage non-deposit-taking non-banking finance companies as banking correspondents for financial inclusion.
The banking sector may create up to 20 lakh new jobs in the next 5-10 years, helped by issuance of new licenses and efforts being made by RBI and government
Stay informed on our latest news!
William D. Green
Chairman & CEO, Accenture