Why are foreign banks marching out of retail banking?

Foreign banks set the template in consumer banking in its infancy, but have almost vacated this booming space. Raghu Mohan reports. Illustration: Dominic Xavier/Rediff.com On March 8, Axis Bank......

Covid impact: Economy unlikely to see double-digit growth in FY22

Barclays has pegged growth at 7.7 per cent in a bear-case scenario, if the country is hit by a third wave of the pandemic. India’s economy is unlikely to see double-digit growth and may grow......

IndiGo's Rs 3,018 cr IPO over-subscribed

IndiGo has a fleet of 98 aircraft and about 75 of them are on operating lease. IMAGE: IndiGo's IPO, the biggest in three years. Photograph: Amit Dave/Reuters     IndiGo's parent......

RIL among Barclays' top 133 stock picks for 2015

Other Indian firms in the list include HDFC Bank, homegrown pharma major Lupin and Voltas. Image: A man walks past a Reliance Industries Limited sign board installed on a road divider in......

ICC CEO Manu Sawhney sent on 'leave' after internal probe

'There have been testimonies from multiple ICC staff about his 'abrasive behaviour'.' IMAGE: International Cricket Council CEO Manu Sawhney, who replaced Dave Richardson after the ICC World Cup in......

Pakistan doesn't want next ICC chairman from India, Aus or England

'The politics introduced by Australia, England and India in 2014 to protect their positions - now they are struggling to unwind it because it doesn't suit them anymore.' IMAGE: Pakistan Cricket......

Shashank Manohar steps down as ICC chairman

Photograph: Hitesh Harisinghani/Rediff.com Shashank Manohar, on Wednesday, stepped down as the International Cricket Council's first independent chairman, ending a stint which coincided with......

Cricket Buzz: Pakistan's Akmal fined for late night outing

IMAGE: Umar Akmal. Photograph: Michael Steele/Getty Images Pakistan cricket's enfant terrible Umar Akmal has been fined 20 per cent of his match fee and has also received an official reprimand......

Spurs disappointed after dropping two points at Everton

IMAGE: Everton's Romelu Lukaku holds off Tottenham Hotspur's Erik Lamela during their Barclays English Premier League match at Goodison Park in Liverpool on Sunday. Photograph: Alex Livesey/Getty......