India has all the necessary elements for an economic renaissance, but the new government can help boost growth to the levels that are requi...

New rules mandate banks with over 20 branches should have 40% priority lending in 5 years, but banks say meeting target tough.

The move follows allegations of misleading sales pitch, money-laundering and inadequate controls over staff.

Foreign banks operating in the country must adhere to 40% priority lending norms within five years is not achievable or sensible.

HSBC India reported a 30% increase in net profit for the year to March at Rs 1,988 crore on overall improvement in its operations and a red...

Unlike bankers who hopped from one marque name to the other for a few dollars more, Milne, 52, has stuck to HSBC for three decades.

Sources said the bank was adopting 'last in, first out' policy, which means most of the sackings were of employees with less than 5 yrs of ...