The latest news from India's most respected business daily.
- Barclays opts for sharper focus
After enduring the brunt of the economic downturn as a new entrant in the consumer banking space, Barclays Corporate, the loss-making retail and corporate banking unit of UK-based Barclays Bank Plc, is opting for a sharper focus. - Future Generali to roll out seven new products
Future Generali India Life Insurance Company Ltd, a joint venture between Future Group and the Italy-based Generali Group, would roll out seven new products by March 2011. These products would be a mix of traditional insurance products and Unit-Linked Insurance Products (ULIPs). - Indian Bank signs MoU with UIDAI
Indian Bank has signed a Memorandum of Understanding (MoU) with Unique Identification Authority of India (UIDAI), to act as registrar for Aadhaar project. The MoU was signed in the presence of CMD T M Bhasin and Chairman of UIDAI Nandan Nilekani. - New heads at Canara, Corporation banks
S Raman, a banker for 36 years, has assumed charge as the new chairman & managing director (CMD) of Canara Bank, Indias third largest public sector lender. Raman succeeds A C Mahajan who retired after serving as CMD for over two years. Raman will have a tenure of two years up to September, 2012 as CMD in the Canara bank.
- Auction of Government of India Dated Securities
- Auction for Sale (Re-issue ) of ‘7.46 per cent Government Stock, 2017’
- Auction for Sale (Re-issue ) of ‘8.08 per cent Government Stock, 2022’
- Auction for Sale (Re-issue ) of ‘8.30 per cent Government Stock, 2040’
- RRBs - List of Terrorist Individuals / Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban / Al-Qaida Organisation
State Bank of India on Thursday opened an exclusive branch — the first-of-its-kind in the country– for the ultra high [...]
Volatility in WPI inflation due to supply shocks makes it less effective. A study by Reserve Bank of India staffers [...]
ICICI Venture Funds Management Company Ltd, the private equity arm of private sector lender ICICI Bank, plans to deploy its [...]
The Reserve Bank of India (RBI) is set to have a new deputy governor in November, when the present term [...]
The government is likely to appoint State Bank of India as the clearing bank for the proposed Goods and Services [...]
SBM to raise over Rs 583 crore through a rights issue After completing the amalgamation of state Bank of Saurashtra [...]
Economists say RBI likely to raise rates by 25 bps in mid-September.Even as the Reserve Bank of India sounded caution [...]
The Reserve Bank of India (RBI) on Tuesday said the supervisory regime of non-banking finance companies (NBFCs) needed to be [...]
