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Latest Articles in Banking Finance

HSBC To Cut Up To 10,000 Jobs In Drive To Slash Costs: Report

The plan represents the lender’s most ambitious attempt in years to cut costs, the newspaper said, citing two people briefed on the matter.

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Expert Views: RBI Cuts Rates Yet Again In Bid To Revive Growth

All six MPC members voted in favour of a rate cut and for retaining the accommodative stance

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RBI Cuts Repo Rate By 0.25 Per Cent To Support Growth

The repo rate has been brought down to 5.15 per cent to help reduce borrowing costs for home and auto loans.

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5 Reasons Why Investment Portfolios Fail

Here are some of the chief factors which contribute to one’s failure to achieve their investment objectives – sometimes, despite the selection of primarily high-quality assets.

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ICICI Bank UK PLC Launches Instant Account Opening Facility On Mobile

To open an account, a soon-to-be expat individual can simply download the Bank’s UK mobile application called ‘ICICI Bank UK iMobile’ and furnish all KYC details electronically without visiting a branch in the UK.

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Yes Bank Back In Green After 5-Day Fall; Zooms Over 29%

The stock zoomed 29.3 per cent to Rs 41.40, on the BSE. On the NSE, it jumped 29 per cent to Rs 41.30.

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Yes Bank 'Very Stable', CEO Gill Says After Stock Slide

"We have enough liquidity, we are very stable and the share price movement of recent days should not become a proxy for how the bank gets perceived", said Chief Executive Ravneet Gill.

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Insurance Cos Are Adopting Various Technologies To Enhance Customer Experience: Yusuf Pachmariwala, Tata AIA Life

In an interview with BW Businessworld, Yusuf Pachmariwala, Executive Vice President & Head, Operations, Tata AIA Life, spoke about Indian Insurance Industry, its evolution with technology and more.

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RBI Begins Policy Review Meet; Rate Cut On Cards To Boost Economy

The six-member MPC is scheduled to announce the fourth bi-monthly monetary policy for 2019-20 on Friday, October 4.

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Rana Kapoor, His Two Entities Sell 2.16% Stake In Yes Bank For Rs 510 Crore

YES Capital said the proceeds would go to Franklin Templeton Asset Management, with whom its shareholding of YES Bank was pledged.

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Indiabulls Hits Over Five-Year Low, Rattled By Merger Concerns And Probe

This comes as the company stares at a potential fall-through in its merger with Lakshmi Vilas Bank, analysts said.

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Credit Suisse Clears CEO In Spying Probe, COO Bouee To Go

Chief Operating Officer Pierre-Olivier Bouee resigned after the investigation by the Homburger law firm found he alone initiated observation of Khan, who abruptly left in July and later joined arch-rival UBS.

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Sebi Relaxes Buyback Rules For Cos With Housing Finance, NBFC Arms

The repurchase of shares by listed companies is governed by the Buyback Regulations of Sebi as well as the Companies Act.

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Current Slowdown An Opportunity To Grow Our Books: Aditya Puri

HDFC Bank regularly has dealings with cooperative banks but did not have any dealing with PMC Bank.

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PMC Bank Crisis 'Eye Opener', RBI Looking Into Lapses: Thakur

PMC Bank came under stress due to alleged financial irregularities forcing the RBI to impose restriction on it.

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