Private Banks

  • Money laundering investigation should be done by ED: Aniruddha Bahal 21-06-2013 06:02 PM

    Successive Cobrapost investigations has shown private and nationalised Indian banks as well as foreign banks flouting RBI rules and regulations. How can the banking industry be streamlined? Aniruddha Bahal, editor-in-chief of Cobrapost.com, joined IBNLive readers for an interaction on the matter. Q. At present all the know your customer is...
  • Private, public sector banks on strike on Tuesday 17-12-2012 05:34 PM

    Mumbai: Around 700,000 employees and officers of the public sector, private sector and foreign banks will strike work all over India on Thursday, an official said in Mumbai on Monday. Work in 27 public sector banks, 12 old generation private sector banks and eight foreign banks shall come to a...
  • Guidelines for new banking licences by March-end 28-02-2011 12:00 PM

    New Delhi: The Reserve Bank of India (RBI) will issue guidelines for new banking licences by the end of the current fiscal. "RBI is planning to issue the guidelines for banking licences before the close of this financial year," Finance Minister Pranab Mukherjee said on Monday during his presentation of...
  • Now, ICICI raises lending, deposit rate 17-08-2010 08:53 AM

    MUMBAI: ICICI Bank, India's second-largest lender, said it was raising its lending rates by 50 basis points from Wednesday, in line with the Reserve Bank of India's tightening policy. The private-sector lender said its prime lending rate would be 16.25 per cent and the floating reference rate for consumer loans...
  • 9 of family found dead, note says harassment by bank 30-03-2008 06:08 PM

    Canberra: Indian captain Mahendra Singh Dhoni believes the experience in the team's ranks will hold it in good stead against Australia in the four-match Test series starting with the Boxing Day Test in Melbourne. Dhoni also said the Australian team cannot be taken lightly just because there are some young...