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Ing Vysya Bank Ltd

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Exide buys 49% GMR stake in ING Vysya Life

Exide Industries Ltd, the Indian battery major informed the Bombay Stock Exchange that its board had approved acquiring 49.13 per cent stake in ING Vysya Life Insurance Company from GMR Industries......

Banks crack down on benami accounts

Commercial banks are working overtime to close savings and current accounts held in fictitious names, to which the demat accounts called into question in the IPO allotment scam are linked. "Nearly......

Citibank eyes growth in India, wary on bank stakes

Citigroup's Citibank arm is expanding keenly in India but is wary of taking stakes in local banks because of a cap on foreign equity and limits on voting rights, company officials said on......

Western Union targets Indian diaspora

Western Union, the global leader in money transfer services, is expanding its presence in India through local banking and agent network for capturing a sizeable chunk of business from the growing......

Feb consumer inflation slows to 8.10%

India's annual consumer price inflation eased more than expected to a 25-month low of 8.1 per cent in February, helped by moderating food prices, government data showed on Wednesday. A Reuters poll......

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