The Reserve Bank of India (RBI) clarification on the final norms for new bank licences has much to mull on for the many entities interested. It has clearly ruled out any benefit to the new entrants......
LIC Housing Finance, a subsidiary of Life Insurance Corporation (LIC), may rope in an external consultant to advise it regarding its proposed foray into banking business."We may rope in a......
Preliminary advance tax collections show that banks, mainly government-owned ones, have shored up collections for the fourth quarter of the financial year 2008-09, even as the manufacturing sector......
Immediately after Reserve Bank hiked key short-term interest rates by 0.25 per cent on Tuesday, LIC Housing Finance announced that it will raise home loan rates. ICICI Bank has also hinted about a......
Another low volume day was mainly driven by stocks with results on the anvil or whose were just announced. Stocks like Ranbaxy and Grasim hogged the limelight in what was generally lacklustre......