Difficult for bankers to pass any cuts, unless deposits pickup...

Manipal Group, one of Indias leading educational and healthcare groups noticed unemployment as one of the key issues facing South Africa. It understood that skills development is a key priority for the South African Government. Under the advice of ...

FirstRand Bank India, the domestic franchise of South Africa's second largest financial services group, is hopeful of reaching the break-even point in its commercial banking services in India by next fiscal.

South Africa : FIRSTRAND group founder cuts stake [TendersInfo (India)] Al Bawaba Ltd. After reducing his stake in Rand Merchant Bank (RMB), Rand Merchant Insurance (RMI) and FirstRand, one of the founders of banking group FirstRand, Paul Harris, ...

YES Bank, India's fourth largest private sector bank, has launched the Series, the first-ever initiative in India, to promote Risk Awareness in the (E&S) domain in the Financial Sector.The Sustainability Series, conceptualized in association with ...

India's benchmark bonds declined on speculation yields near the lowest level in three years will deter buyers. The 10-year yield dropped 30 basis points so far in May, set for the biggest decline in 11 months, as the slowest inflation since 2009 ...

L&T Infotech and FirstRand India have joined hands with the University of Pretoria's Gordon Institute of Business Science (GIBS) to launch an internship programme for South African graduates i...

Indian sovereign bonds fell after the central bank said the room to cut borrowing costs this year to support economic growth is limited because of inflation and a record current-account deficit. The rupee weakened. Monetary policy would need to be ...

India's rupee declined to the lowest level in a week on concern slowing global growth will damp demand for the nation's equities. Official data today showed China's first-quarter gross domestic product rose 7.7 percent, less than the 8 percent ...

Syndicated loans are steadily finding favour with many debt-laden Indian firms which want large sums of money to finance new projects but cannot raise funds through equities. Some cannot raise money through bonds for lack of a suitable credit ...