Global experience in allowing corporate groups to set up banks reveals that stringent regulation is the best defence against malpractice, writes Somasroy Chakraborty.The Reserve Bank of India (RBI)......
Bankers and industry analysts are almost certain that Bandhan’s presence at rural centres of eastern and northeastern states influenced RBI’s decision of giving it a banking licence,......
Standard Chartered Plc has seen 6 billion pounds wiped from its market value following allegations it violated US anti-money laundering rules. The New York State Department of Financial Services......
Royal Bank of Scotland has decided to exit its retail and commercial banking operations in India by selling these businesses to Hongkong and Shanghai Banking Corporation.In an interview with......
HDFC Bank has been growing its advances faster than the banking system for several years now.In an interview with Manojit Saha and Somasroy Chakraborty, executive director Paresh Sukthankar says......