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Catholic Syrian Bank

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RBI clears Catholic Syrian Bank stake sale

The Reserve Bank of India has finally cleared the long-pending transfer of Thailand-based Surachan Chawla's 38 per cent stake in Catholic Syrian Bank. However, the central bank has made it clear......

Banks Caught In A Trap

The cost of deposits is on the rise, but banks can't raise interest rate on close to 60% of their loan books, points out Tamal Bandyopadhyay. Illustration: Uttam Ghosh/Rediff.com The earnings......

Battered by three decades of controversy, TMB looks back to the future

June was a memorable month for the 101-year-old Tamilnad Mercantile Bank (TMB). Last month, the Thoothukudi-based bank witnessed two new landmarks in a history in which the last three decades could......

Banking services hit by day-long strike

Image: Bank workers take out a torch rally in Bhopal in support of 2nd September strike to protest against the proposed labour reforms by Central and State Government. Photograph: PTI.  ......

CSB-Fairfax deal: Prem Watsa ready to pay more

Watsa, who has always believed in founders and management of the companies he invests in, has said that he restarted talks for the Catholic Syrian Bank deal due to CEO C V R Rajendran's initiatives......

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