Search Results for 'India'

‘Banking, rail communications vital for Pakistan, India trad...

Karachi —Opening of bank branches, rail communication, and removal of non-tariff barriers are some of the important areas pointed out by trade and industry for normalization of trade between Pakistan and India. :President of India-P [...]

Posted On : Feb, 16 2012 | Comments : 0

India’s Puri Shunning Mobile Phone Wants HDFC Bank to Emulat...

Aditya Puri, the longest-serving head of an Indian bank, avoids e-mail and doesn’t carry a mobile phone. That hasn’t stopped HDFC Bank Ltd. (HDFCB) from becoming the country’s second-biggest lender by market value. &l [...]

Posted On : Dec, 05 2011 | Comments : 0

The next decade for Indian banking — opportunities galore

India is a land of great opportunity. The rapid changes of the last decade are a precursor to the much greater growth and prosperity that we can achieve in the coming years. The coming decade has the potential to take India’s econom [...]

Posted On : Dec, 01 2011 | Comments : 0

Indian banking sector to be third-largest by 2025

Riding on the back of an economic boom, the India banking industry is slated to become the third-largest in the world by 2025, after China and the US, a report released by Boston Consulting Group, Federation of Indian Chambers of Commerce [...]

Posted On : Aug, 23 2011 | Comments : 0

India banking on Rana trial to implicate ISI

Besides David Coleman Headley’s damning revelations, India is banking on Tahawwur Hussain Rana’s ongoing trial to help implicate the role of ISI in the 26/11 Mumbai carnage. Sources said they are confident that the trial court [...]

Posted On : May, 25 2011 | Comments : 0

Banking sector is the proxy to investing in India infra stor...

To a greater extent I think they have come more on the predicted lines for the HDFC and one was always looking at 30% plus kind of a growth coming into the profit and that has by and large come and is given because the model of this part [...]

Posted On : Apr, 19 2011 | Comments : 0

South Indian Bank opens 30 new branches in a day

THRISSUR: South Indian Bank , headquartered in this district of Kerala, Saturday opened 30 new branches at various locations in the country taking its network strength to 640. Azim Premji, chairman and MD of Wipro, inaugurated the renova [...]

Posted On : Mar, 06 2011 | Comments : 0

India seeks FSAP by IMF and World Bank

India has voluntarily sought a comprehensive Financial Sector Assessment Programme (FSAP) by IMF and World Bank, Union Finance Minister Pranab Mukherjee said here today asserting the country has been found to be compliant with such inter [...]

Posted On : Jan, 10 2011 | Comments : 0

HSBC says to buy RBS banking assets in India

Global bank HSBC announced on Friday that it had agreed to buy the Indian commercial and retail banking assets of British state-controlled Royal Bank of Scotland. "HSBC ... has agreed to acquire The Royal Bank of Scotland Grou [...]

Posted On : Jul, 02 2010 | Comments : 0

State Bank of India Profit Growth Slows on Investment Losses

State Bank of India, the nation’s largest, posted its weakest pace of profit growth in three years following losses on surplus funds invested in government bonds. Chairman Om Prakash Bhatt said excess funds held by the lender, [...]

Posted On : Jan, 26 2010 | Comments : 0

India's Sensex Declines; ICICI Bank Leads Lenders Lower on C...

India’s benchmark stock index fell, completing its steepest weekly slide in four. ICICI Bank Ltd. led lenders lower on concern they may have to raise more equity. ICICI Bank, the nation’s second-largest lender, lost 2 percent af [...]