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Bank Of America And Citigroup

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India's Smart Power in the US

As India's involvement in the growth of the US deepens, the search for the soul of India gains momentum, says T P Sreenivasan.Fareed Zakaria's The Post-American World may well be in the making as......

Citi joins list of foreign banks scaling down India ops

Citibank on Wednesday joined the list of foreign banks that have exited retail banking business in India. Photograph: Chris Helgren/Reuters Mumbai-based Axis Bank completed acquisition of......

Time For RBI To Change Penalty Rules

Penalty must act as a deterrent.If it is too low, it could encourage the regulated entities to lap up penalty instead of complying with the norms, suggests Tamal Bandyopadhyay. Photograph: PTI......

Who will buy Citi's consumer business?

The sale will be quicker if an Indian private bank buys it; it will take longer for regulatory clearances if a foreign bank or an NBFC buys it, points out Tamal Bandyopadhyay. Photograph: Mike......

What does merger with LVB mean for DBS Bank chief Piyush Gupta?

While Gupta, 60, can rightfully bask in the glory he has achieved for his bank in the subcontinent, his peers in foreign banks will have to revisit their India play, especially the local......

The rise and mighty fall of Rana Kapoor

'What made him different was that he was not a banker at all by temperament.''He was a businessman, a typical lalaji at that.''He had to win at any cost.'Raghu Mohan glances at Rana Kapoor's fall......

FIFA scandal: Banks did not do enough, says global agency

Activists from advocacy group Avaaz demonstrate near the Hallenstadion, in Zurich. Photograph: Arnd Wiegmann/Reuters A global group of government anti-money-laundering agencies said that financial......

Questions arise about banks' role in FIFA bribery case

A raft of banks could face tough questions in the sweeping US crackdown on alleged corruption in global soccer as prosecutors review how much they knew about millions of dollars in bribes flowing......

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India held the top position in the ICC Men's Test Team Rankings while Australia secured the...

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Complete Coverage of Indian cricket team's encounter with Sri Lanka during 3rd Jan - 15th Jan 2023.

GUJARAT, HIMACHAL GO TO POLLS

The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain...
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