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All banks to remain open till 5 pm today

Last Updated: Saturday, March 31, 2012, 10:23

All banks, including private sector lenders, will remain open till 5 pm on Saturday for special clearings of government transactions for 2011-12.

FM asks private banks to focus on improving customer service

Last Updated: Saturday, March 10, 2012, 17:58

Concerned over large complaints against private sector and foreign banks, Finance Minister Pranab Mukherjee on Saturday asked them to focus on improving customer service.

Pvt, foreign banks cannot pay 'excessive' salary to CEOs: RBI

Last Updated: Friday, January 13, 2012, 22:20

The Reserve Bank on Friday said CEOs and staff of private and foreign banks cannot draw "excessive" salary, but it did not impose any cap on their remuneration.

Sectors to watch out for in 2012: IT, private banks and FMCG

Last Updated: Sunday, January 1, 2012, 12:21

The sectors like real estate and infrastructure might continue to underperform, at least in the first half of 2012.

Parl panel proposes voting right cap of 26% in private banks

Last Updated: Tuesday, December 13, 2011, 16:26

At present, the voting right is capped at 10 percent.

Myanmar expands private banks with military ties

Last Updated: Thursday, September 16, 2010, 09:23

The military elite is set to emerge as financial powerbrokers in Myanmar.