The Reserve Bank of India (RBI) on Thursday paved the way for niche banking by issuing draft guidelines for setting up payment banks and small banks.
Banks get bonds boost to raise funds for core sector; up to Rs 50 lakh of home loans in metros and Rs 40 lakh in other cities not to have CRR, SLR requirements
We saw the finance minister in a new avatar, donning the priest's mantle at his ancestral home on Friday and Saturday. Here are some glimpses. . .
In the Anti Money Laundering (AML) Basel Index 2013 India has been ranked 93rd and 70th in 2012 and 2013 respectively out of 140 countries.
Goldman's relationship with ICBC was similar to that of other big global financial institutions that purchased stakes in Chinese banks and insurers.
The actress returns to the limelight with 100 Percent De Dhana Dhan, a wrestling reality show where she is the host.
A feeder fund makes most of its investments through a 'master fund'.
Keeping his defenders fit is the key to Manchester United's hopes of avoiding a repeat of last season's costly group-stage exit in the Champions League, manager Alex Ferguson said.
Chelsea's rollercoaster of a season could yet end with another night of European glory after they knocked FC Basel out of the semi-finals on Thursday to set up a Europa League final against Benfica.
Manchester United defender Nemanja Vidic will miss the rest of the season after rupturing his cruciate knee ligament in the Champions League defeat by Basel, manager Alex Ferguson said on Friday.
Rafa Benitez will continue to rotate his Chelsea players as they bid to deal with a fixture pile-up and rebound from two consecutive defeats, the club's interim manager said on Tuesday.
Over the short to medium term, valuations are more likely to move down than up.
In first half of year, firms raise more than banks on low US treasury rates.
The men's tour must look after the welfare of top players like Novak Djokovic rather than expect them to turn up injured at tournaments so they do not lose out on bonus payments, former British number one Greg Rusedski said.
Says licensing of new banks should be a continuous process instead of the current stop-go system
Barcelona and Atletico Madrid led a Spanish Armada into the Champions League last 16 with home wins on Wednesday and in-form Aaron Ramsey steadied Arsenal's boat with a battling win against rocky Borussia Dortmund.
Once these banks start showing losses, they will not be able to pay dividends to the government nor pay taxes, which will further aggravate the situation for the government as its return on investment as an investor would be very negligible for the next few years, says M V Subramanian.
Lionel Messi's penalty earned Argentina a 2-1 win over Croatia after a fortunate equaliser that stood despite an unintentional handball by Sergio Aguero in a friendly at West Ham United's Upton Park ground on Wednesday.
Luxemburg's FC Dudelange produced a stunning upset in the Champions League qualifiers with a 1-0 home win over Austrian double winners Salzburg on Tuesday.
RBI governor on the stress in public sector bank due to NPAs, and what is needed to be done to get the system back on track.
Ace Indian shuttlers Saina Nehwal and Parupalli Kashyap reached the pre-quarterfinals of the Swiss Open Grand Prix Gold after notching up contrasting victories in the women's and men's singles competitions in Basel.
Real Madrid host Olympique Lyon aiming to continue their perfect start in the Champions League on Tuesday but some of the other heavyweights are still playing catch-up.
HSBC is likely to raise up to Rs 2,450 crore (Rs 24.50 billion) by selling its stake in Axis Bank and YES Bank, said senior bankers familiar with the development.
Andy Murray heralded in the changing of the guard in British tennis when he upset the sixth seed in the first round of the Swiss Indoors.
Saina Nehwal continued to gain in confidence ahead of Olympics as the top-seeded Indian entered the Thailand Open Grand Prix Gold final after outlasting local favourite Porntip Buranaprasertsuk with a straight-game win in Bangkok on Saturday.
Ace Indian shuttler Saina Nehwal remained on course for her second title of the season as she reached the semi-finals of the Thailand Open Grand Prix Gold with a straight-games victory over Sapsiree Taerattanachai in Bangkok on Friday.
Investors booked profits at higher levels despite the growth oriented Budget.
The Supreme Court on Monday refused to grant controversial US ship Oriental Nicety, earlier known as 'Exxon Valdez' and involved in one of the worst US oil spills off Alaska in 1986, an immediate permission to anchor off the Gujarat coast.
Manchester United captain Nemanja Vidic should be fit to make his long-awaited return from injury in time for the new season in August, manager Alex Ferguson said on Sunday.
Reader Kedar Muzumdar has sent us few photographs.
Sevilla's La Liga match at home to Levante was briefly suspended on Saturday when fans threw scores of tennis balls onto the pitch in protest over the kick-off time.
Ironically, bad loans and non-performing assets are on the rise in public sector banks in India, say sector watchers.
Five-times European champions Liverpool survived a late scare to move into the last 32 of the Europa League with a 1-0 win over Italian side Udinese on Thursday.
Banks need to raise capital to comply with Basel III norms. This mode of raising money gives all shareholders equal investment opportunity.
Saina Nehwal won her first title of the season when she retained the Swiss Open Grand Prix Gold trophy with a straight-game victory over China's Shixian Wang in the summit clash at Basel, Switzerland.
Indian challenge ended in the men's singles competition with Ajay Jayaram, P Kashyap and Sourabh Verma losing their second round matches at the Swiss Open Grand Prix Gold in Basel.
India ace shuttler Saina Nehwal started her title defense on a positive note, thrashing Japan's Sayaka Sato in straight-games in the first round of the Swiss Open Grand Prix Gold at Basel, Switzerland.
Pranab Mukherjee proposed a separate entity for bank recapitalization.
Real Madrid earned their first-ever win over Liverpool with a wondrous Cristiano Ronaldo goal spearheading a 3-0 Champions League victory at Anfield on Wednesday which appeared as classy as it was dominant.
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