Zaggle Prepaid Ocean Services, the parent company of fintech startup Zaggle, re-appoints Avinash Ramesh Godkhindi as MD and CEO. Godkhindi,...

UK-based Barclays Bank Plc has infused ₹3,000 crore in India in its single-largest one-time capital infusion in the country, indicating the...

With this infusion, the bank’s total invested capital in the country will increase to over Rs. 8,300 crore. It had last invested Rs 540 cro...

Wibmo has onboarded a strong group of leaders that bring extensive experience and expertise of working in and through periods of transforma...

DBS reported a Rs 533-crore net loss in the year ended March 2018 versus a Rs 13-crore profit a year earlier.

Foreign banks in India announce their fiscal year numbers at the end of June.

Even the International Finance Corporation, a member of the World Bank Group, has shown interest in picking up a stake in the business.

Selective lending to existing customers and focus on secured credit have helped foreign banks' Indian operations report a sharp decline in ...

Most of these high-priced loans are consumer loans, akin to microfinance lenders that face a possible cap on lending rates.

Advance taxes paid by foreign banks operating in the country have declined by over 58% in the fourth quarter.

The foreign lenders of pharmaceutical major Wockhardt on Thursday said they would not object to proposed sale of its nutritional business t...

British bank Barclays has agreed to buy US banking giant Citigroup's Portuguese credit card division for an undisclosed amount.

Advance tax collection from overseas firms is set to drop sharply in the September quarter, as the global slowdown has affected their India...

SBI ranks abysmally low in terms of employee productivity, especially when compared with private banks, says RBI.

Barclays Wealth announced the appointment of Vishal Jain as a Director, focusing on the ultra high net worth market in the country.

Lateral placements at IIM Kozhikode concluded with 103 offers being made to 55 students, reports Our Bureau in Mumbai.

The key reason for such a jump in MNCs tax outgo is the diligent measures taken by the Income-tax department, to enforce TDS (Deduction at ...