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About 23 results for "foreign lender rsquo"

Himalayan times


MUMBAI: India’s foreign investment regulator has approved raising the foreign holding limit in the second-biggest private sector lender HDFC Bank Ltd but counts its parent’s holding as foreign, the Business Standard newspaper reported on Saturday. Himalayan times, 2 months ago

Carry your bank everywhere, literally

With transactions increasingly migrating to the digital medium, lenders are transforming and scaling up their online offerings Sudhanshu Shekhar, a 30-year-old software executive in Bengaluru, has never been to a bank branch ever since he opened his account one-and-a-half-years ago. He prefers to bank online, depending on the digital medium for all his banking needs. Bankers admit that such instances are now fairly common, as new-age customers have neither the time nor the inclination to visit ...
 Rediff.com1 month ago

Yes Bank signs MoU with OPIC for USD 220 million

The loan to the private sector lender is part of the USD 1 billion OPIC assistance for India, announced by President Barack Obama at the India-US Business Summit yesterday. The loan is for 12 years and the bank will draw it one go. "Specifically, USD 100 ...
 Jagran Post5 hours ago

Markets cheer European bank stimulus; Sensex gains 273 points

Benchmark share indices scaled record highs for the fourth straight session, amid a rallly in global stocks, after the European Central Bank announced higher-than-expected monetary stimulus measures to boost the economy in the euro zone. The European Central Bank's plan to buy Euro 60 billion ($69 billion) worth of private and public Euro-area bonds a month, popularly known as quantitative easing (QE), till September next year have cheered investors sentiments across the globe. The 30-share ...
 Rediff.com4 days ago Sensex, Nifty on a record-breaking spree; end at new highs  Rediff.com6 days ago Markets end at record closing highs; Nifty tops 8,700  Rediff.com1 week ago Sensex up 729 points; Highest single-day gain since May 2009  Rediff.com1 week ago

Defaulter? No job for you in banks

Banks insist on good credit score before hiring A bad credit history would not only reduce your chances of getting a loan but also a job in a bank. Some leading private and foreign banks in the country have started checking scores of credit information companies such as Credit Information Bureau Ltd as part of their pre-employment screening process. Private sector lender IndusInd Bank, foreign lenders DBS Bank and Standard Chartered, and a mid-size private sector lender that did not want to be ...
 Rediff.com6 days ago

Sensex ends below 27,400; ITC, metals drag

Benchmark share indices ended marginally lower, amid a volatile trading session, dragged by ITC while metal shares witnessed a sell off tracking weak commodity prices on rising concerns over global growth. The 30-share Sensex lost 79 points to close at 27,347 and the 50-share Nifty shed 22 points to close at 8,278. Meanwhile, foreign institutional investors were net buyers in Indian equities worth Rs 235 crore on Tuesday, as per provisional stock exchange data. Key Events: The wholesale price ...
 Rediff.com1 week ago Sensex ends lower; real estate, banks fall  Rediff.com2 weeks ago Sensex ends flat on 1st day of 2015; RIL, ITC slump  Rediff.com3 weeks ago After a brief fall; sensex ends flat; FMCG, auto drag  Rediff.com1 month ago

What do the markets expect from 2015?

In 2015-16, reforms will take hold, growth in GDP, will accelerate, and government processes and statutory clearances will speed up It is a truism that stock markets are driven by future expectations and expectations from 2015 must be high indeed, going by the excellent returns of 2014. The Nifty has gained 30 per cent since January, and it has risen 20 per cent since May, when Narendra Modi took charge of the government at the Centre. Given underwhelming corporate performance and slow ...
 Rediff.com4 weeks ago

High-profile bankers find it tough to turn around small private banks

Poor governance, constant interference of promoters, opposition from unions and talks of being an acquisition target seen as main deterrents. Private sector banks, particularly the old generation ones, have a habit of choosing their chiefs and senior management executives from among bankers who have previously worked with foreign lenders. These bankers are expected to bring in new ideas, use their expertise in scaling up operations and ensure profitable growth across businesses.  But not ...
 Rediff.com1 month ago

ICICI Bank goes slow on hiring for now

ICICI Bank, which more than doubled its headcount in the past five years, has decided to go slow on hiring for now. The country’s largest private sector lender has paused on fresh recruitment and, in many cases, isn’t even replacing those leaving the company. Instead, it is focusing on improving the productivity and efficiency of its existing workforce. “We believe given our scale of operations, employee additions through the last two years and our aspirations in terms of ...
 Rediff.com2 months ago

Markets snap 2-day losing streak; Nifty ends above 8,400

IT shares like TCS, Infosys and Wipro gained by over 1% on the back of depreciating rupee. Markets have closed marginally higher amid volatility led by buying among defensive sectors like pharma and IT shares. However, selling pressure in select metal, auto and bank shares capped the upside gains. Investors have turned cautious ahead of the winter session of Parliament which begins next week and RBI's policy review due on December 2. The 30-share Sensex ended higher 35 points at 28,068 while ...
 Rediff.com2 months ago
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