28 Nov 2015
Chennai: Multinational banking major HSBC on Friday announced its decision to exit private banking business in India while offering its existing clients the HSBC Premier, a global retail banking and wealth management proposition.
27 Nov 2015
Mumbai: Global banking major HSBC today announced shutting down of its private banking business in India that offers wealth management services.
24 Nov 2015
Berlin: German auto giant Volkswagen, mired in a massive emissions cheating scandal, has said it has found technical solutions for more than 90 percent of the vehicles affected in Europe. The recall process is now viable "technically, financially and in terms of manpower. This is good news," chief executive Matthias Mueller said yesterday.
25 Nov 2015
Mumbai: Country's second largest private sector lender HDFC Bank, which has launched `sonic branding' or a musical logo, today said it will spend over Rs 30 crore to promote the new brand positioning which stresses on the digital banking.
19 Nov 2015
Mumbai: Major banking transactions took a hit today as over 17,000 employees of RBI went on 'one-day mass casual leave' protesting against reform measures of the central government and seeking better retirement benefits.
16 Jun 2014
Mumbai: The Reserve Bank will sell dated government securities worth Rs 15,000 crore in four tranches on Friday, RBI said.
18 Oct 2013
New Delhi: Retirement fund body Employees' Provident Fund Organization (EPFO) has settled 7,96,759 claims during September in its 123 offices across the country as compared to 7,49,639 in the same month last year.
14 Nov 2015
New Delhi: Deutsche Bank has appointed James McMurdo as Head of Corporate and Investment Bank for Asia Pacific with immediate effect.
02 Nov 2015
New Delhi: Moody's Investors Service today upgraded its outlook for India's banking system to 'stable' from 'negative' on expectation that a gradual improvement in the operating environment for lenders will lead to lesser growth in bad loans in future.