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JOEL REBELLO
DBS optimistic about India’s long-term structural growth: Chief says country must invest in talent; focus on wealth spaceDBS Bank's CEO views India as a significant long-term growth opportunity. The nation can benefit from the AI-driven demand for hardware. Ho...- India's rise is coming at an important time... because the world needs India, says Jane Fraser, Board Chair and CEO, CitiGlobalisation is changing. It now balances efficiency with resilience and security. This shift benefits India, a nation with strong tech ta...
- Net interest margin to fall, Bank of Baroda can look to upsize treasury, wealth businessBank of Baroda anticipates tighter margins this fiscal. Sticky deposit rates and restricted lending rate increases will impact profitabilit...
- Backed by IHC, Sammaan Capital to now play on front foot: Gagan Banga, CEOAbu Dhabi's IHC Group has acquired a significant stake in Sammaan Capital. This infusion of capital will allow Sammaan Capital to double it...
- Plan to raise capital next fiscal: Federal Bank CEO Shyam SrinivasanThe bank plans to raise capital by the end of the next financial year.
- 4 ET journalists bag Shriram Awards for financial reportingSaloni Shukla, Joel Rebello, Atmadip Ray and Hari Pulakkata of ET bagged the awards for their respective stories.
- HSBC looks to tap IBC opportunityAlmost $100 billion assets are likely to be put on sale in the next three months to two years or so.
- RBI directs banks to dispense more Rs 100 notes through ATMsThe Reserve Bank of India (RBI) has directed banks to ensure that at least 10% of their ATMs dispense `100 bank notes within the next 15 da...
- Canada's trade finance agency to finance Tata GroupTata companies have invested more than CAD 1.3 billion in Canadian operations over the past 5 years, including CAD 355 million last year al...
- Banks in better shape but NPAs still a concern: Moody'sHowever, asset quality concerns remain and recovery is unlikely to be quick as company balance sheets remain highly leveraged, Srikanth Vad...
- RBI promotes Deepak Singhal as its new executive directorHe will look after six departments at the central bank including the central security cell, corporate strategy and budget department and hu...
- ICICI Bank Q2 net up 12%, in line with estimatesGross bad loans as a percentage of total loans were 3.77 per cent in the September quarter, compared with 3.68 per cent in the previous thr...
- Axis Bank elevates V Srinivasan to DMDAxsi Bank, India's third largest private sector lender, on Tuesday elevated V Srinivasan as as deputy managing director of the bank with im...
- Citibank says Sridhar Iyer to take charge of marketing in IndiaUS banking giant Citibank NA on Friday said Sridhar Iyer, the bank's head of digital banking in India will take the additional role of mark...
- RBI Governor Raghuram Rajan says growth can't improve without supply reformsRajan said that though aspirations for a 9% growth rate is good the political class must be careful of not promising too much.
- Lending target under MUDRA could boost loan demand: Credit SuisseLate last month, in an attempt to push the MUDRA scheme, the finance ministry said banks have to lend a total of Rs 1.22 lakh crore by Marc...
- HDFC Bank probing wrong doing by staffHDFC Bank is probing likely wrong doings after a staff person was arrested by agencies in the money laundering probe in New Delhi, the bank...
- Arcil profit multiplies as it focuses on recoveryArcil said its net profit has increased eight times to Rs 67 crore in the year ended March 2015 from Rs 8 crore in March 2014.
- Dhanlaxmi Bank to sell Bajaj Allianz insurance for nine yearsDhanlaxmi used to sell Bajaj Allianz's insurance policies since 2009 and has since then "done business worth Rs 400 crore," the insurance c...
- ICICI Bank cuts home loan rate but increases spread above base rateIndividual salaried borrowers will now be charged 9.65% interest rate on home loans up to Rs 5 crore down from 9.90% earlier, the bank said.
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