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Tamilnad Mercantile Bank

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Karunanidhi's daughter has Rs 8.45 crore; CPI's Ra

 Tamil Nadu Chief Minister M Karunanidhi's daughter Kanimozhi owns assets valued at about Rs 8.45 crore while Communist Party of India's national secretary D Raja has no property and has only Rs......

Banks await RBI approval for appointing second whole-time director

 More than half a dozen private-sector banks are awaiting regulatory approval for the appointment of a second whole-time director on their boards. Photograph: Ajay Verma/Reuters In a notification......

New Challenges Facing Banks

 As the fight for deposits intensifies, the cost of money will rise and the margin will be under further pressure, points out Tamal Bandyopadhyay. Illustration: Dominic Xavier/Rediff.com  ......

RBI directs pvt banks to have at least two wholetime directors

 In a move to strengthen governance in private sector banks and wholly-owned subsidiaries of foreign banks, the Reserve Bank of India (RBI) on Wednesday directed them to have at least two wholetime......

TMB failed to file details of Rs 3,610 cr deals due to tech glitch

 After the income tax department indicated that the Tamilnad Mercantile Bank (TMB) did not provide the complete details of transactions worth up to Rs 3,610 crore, sources told Business Standard......

Banks' Romance With Profit Will End In March

 The drop in net interest margin will separate the men from the boys, explains Tamal Bandyopadhyay. Illustration: Dominic Xavier/Rediff.com Posting record profits has become a habit for Indian......

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