'Naive' to expect HDFC Bank aims 30% growth in profit: Puri

Last Updated: Sunday, June 14, 2015, 14:28

"But to expect the growth rate when the GDP is 5 percent is to say the least, naive," Puri told PTI in an interview last week.

10.17 cr people enrolled under 2 social security schemes: FM

Last Updated: Friday, June 12, 2015, 17:48

"As far as the two insurance schemes, Sukasha and Jeevan Jyoti, are concerned we have now touched a figure of 10.17 crore. In just one month and three days we have already crossed the 10 crore figure," Finance Minister Arun Jaitley told reporters here.

India on marathon path; markets don't need steroids: Kotak

Last Updated: Sunday, May 31, 2015, 14:58

Kotak also said that one of the biggest challenges today was the history of excessive leverage by India Inc.

ATM use: HDFC Bank to stop paper slips,to send detailed SMSes

Last Updated: Sunday, May 31, 2015, 12:40

This is a part of the digital initiative for the bank, under which it had last year launched the 'Green PIN' scheme wherein card-users were given the PIN numbers electronically rather than in a printed kit, the official said.

Yes Bank plans up to $1 billion share sale

Last Updated: Wednesday, April 22, 2015, 17:36

Yes Bank Ltd, India`s fifth-biggest private sector lender by assets, said on Wednesday its board approved a plan to raise up to $1 billion by selling stock in local or overseas markets to shore up its capital base.

Yes Bank targets larger share of retail market

Last Updated: Tuesday, March 17, 2015, 17:59

Yes Bank, India`s fourth-largest private sector lender by assets, aims to increase the proportion of retail deposits on its books to 60 percent in three years as it expands its appeal to consumers to take on its bigger rivals.

Foreign banks to gain from subsidiarisation route: Deloitte

Last Updated: Thursday, November 28, 2013, 18:16

The Reserve Bank guidelines for foreign banks to operate through wholly-owned subsidiaries in India is a step in the right direction as they play an important role in economic growth, a study said.

Bank Unions to observe one-day strike on Dec 19

Last Updated: Friday, November 22, 2013, 14:42

Pressing various demands, the United Forum of Bank Unions, representing employees of public and private sector banks, has decided to observe a one-day nationwide strike next month.

RBI expresses concern about capital base of state-run banks

Last Updated: Thursday, November 21, 2013, 20:09

The Reserve Bank on Thursday expressed concern over the deteriorating capital positions of public sector banks, though their capital adequacy remains above the statutory requirement.

RBI asks banks to fine-tune recovery, due diligence for NPAs

Last Updated: Thursday, November 21, 2013, 18:02

Gross NPAs as percent of gross advances for scheduled commercial banks stood at 3.6 percent as at March 2013 as against 3.1 percent previous fiscal, the RBI said.

Private equity moves to be Asia's new banker

Last Updated: Monday, August 5, 2013, 20:46

In three years, global private equity firm KKR & Co has provided over $1.5 billion in loans to companies in India, a business traditionally handled by state-owned and private sector banks.

Action will be taken against guilty in bank scam: FinMin

Last Updated: Friday, March 15, 2013, 17:31

The government has said action will be taken if any person is found guilty in the alleged money laundering scam involving three private sector banks which was exposed by a website.