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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......

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......

Rs may hit 70+ levels to the $

RBI is unlikely to stem the slide against the dollar as the greenback is rising rapidly against all currencies in the world.Anup Roy/Business Standard reports from Mumbai.Illustration: Uttam......

FCNR redemptions won't be disruptive, say bankers

There's surplus liquidity and RBI, with plentiful forex reserves, is ready to pump whatever extra is needed Starting the middle of this month and peaking between October and November, foreign......

Tough battle: Can Amazon beat Flipkart, Snapdeal?

The strategy these online marketplace companies follow in the next few months will determine whether Amazon gets to be the leader in 2017. Image: Amazon founder and CEO Jeff Bezos (left) with......

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Bank Of America Merrill Lynch India Strategy

News for Bank Of America Merrill Lynch India Strategy

Citi joins list of foreign banks scaling down India ops

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

Rs may hit 70+ levels to the $

FCNR redemptions won't be disruptive, say bankers

Tough battle: Can Amazon beat Flipkart, Snapdeal?

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