BANKING & FINANCE Sector Updates

Gold prices not likely to hike or fall: Muthoot Finance George Alexander Muthoot, MD of Muthoot Finance, in an interview with CNBC-TV18's Sonia Shenoy and Mitali Mukherjee, gav Moneycontrol exclusive: IIFL may demerge institutional arm
Nirmal Jain-promoted IIFL (formerly India Infoline Ltd)...

Central Bank of India plan eyes overseas expansion
Public sector Central Bank of India said it is planning...

 City Union Bank plans to raise Rs 1000cr over next 3 years
N Kamakodi, MD & CEO, City Union Bank in an interview w...

 ICICI Bank likely to sell off its shares in VA Tech Wabag
Country's largest private sector lender ICICI Bank, whi...

 Fancy banks? Go ahead, says Motilal but for long-term
In an interview with CNBC-TV18, Manish Sonthalia, vice ...

 REC expects loan-book to go up 25% in FY12
Rural Electrification Corporation has seen a bottomline...

Karnataka Bank expects credit growth of 25-30% in FY12
Speaking to CNBC-TV18, P Jayarama Bhat, managing direct...

Malegam's Microfinance: The Last Laugh
The priority sector tag for MFIs could become a content...

 SBI plans merger of 5 associate banks in 18 months
Country's largest lender State Bank of India (SBI) plan...