Black money: SC asks SIT to give progress report by Oct 7

Last Updated: Thursday, September 3, 2015, 18:20

The Supreme Court on Thursday asked the Special Investigation Team (SIT) on black money to submit the fourth report on the progress of its probe by October 7.

IBA to sign wage revision pact with banks unions on Monday

Last Updated: Friday, May 22, 2015, 17:31

Bank unions will be formally signing the new wage revision agreement with the industry body Indian Banks Association (IBA) on Monday, one of the heads of the unions said today.

Enough space for China banks to complement India story: Kochhar

Last Updated: Sunday, May 17, 2015, 16:46

ICICI shares are listed in India on BSE and NSE, while its American Depositary Receipts are listed on the NYSE.

Late to the party, global banks try to muscle into India's start-up boom

Last Updated: Monday, May 11, 2015, 08:34

Foreign money has been pouring into India`s fast-growing e-commerce sector, with investors ranging from Japan`s Softbank Corp to Singapore`s Temasek Holdings and GIC Private Ltd piling in.

Indian bank's overseas branches grew 36% in 2003-14: RBI

Last Updated: Tuesday, February 10, 2015, 22:09

Indian bank's overseas branches saw robust growth overseas of 36.5 percent in 2013-14, while foreign banks in India recovered from the slowdown with a growth of 20.6 percent, RBI data showed today.

Govt mulling to broaden ambit of Predicate Offences: SIT to SC

Last Updated: Friday, January 23, 2015, 19:34

Government is mulling to broaden the definition of "Predicate Offences" on the lines of nations like Australia, Cananda and the US to bring the offence of tax evasion under its ambit, the Supreme Court has been informed.

More interested in bringing back black money than disclosure of names: SC

Last Updated: Tuesday, January 20, 2015, 20:21

Supreme Court on Tuesday said it was more interested in getting the black money stashed abroad back to the country than the disclosure of names of illegal account holders in foreign banks.

RBI modifies reporting norms for rep offices of foreign banks

Last Updated: Wednesday, December 31, 2014, 19:59

The RBI on Wednesday modified reporting norms for Representative Offices (ROs) of foreign banks in the country and asked them provide details of top clients introduced to the parent bank, among others.

RBI asks FinMin to review priority lending norms

Last Updated: Thursday, December 11, 2014, 21:33

Reserve Bank has asked the Finance Ministry for a review of priority sector lending norms which the foreign banks find difficult to follow under the wholly-owned subsidiary model.

China grants gold import licences to foreign banks for 1st time: Sources

Last Updated: Wednesday, January 15, 2014, 14:16

China has granted licences to import gold to two foreign banks for the first time, sources said, as moves to open the world`s biggest physical bullion market gather pace.

RBI guidelines on foreign banks a valuable step: USIBC

Last Updated: Sunday, January 5, 2014, 15:37

The new RBI guidelines regarding foreign bank operations in India are a "valuable step" and will provide strong regulatory transparency to the industry, the US India Business Council has said.