BANKING & FINANCE Sector Updates

Credit deposit ratio narrowing, trend to continue: Nomura Sonal Varma and Aman Mohunta, economists at Nomura Financial Advisory observe that a combination of slower economic acti Rupay makes headway; ties-up with more banks
Rupay, the first domestic form of plastic money promote

... Banks turn averse to new infra loans as risks rise
Amid growing concerns of rising risks in infrastructure.

.. Seems to be the moment of reckoning for local broking firms
During the bull market of 2007-08, Japan's Nomura was w..

. July 7 bank strike deferred to Aug 5
The proposed July 7 nationwide bank strike has been def..

. Await better market valuations for FPO launch: Indian Bank
Public sector lender Indian Bank today said it is looki..

. ICICI Bank gives 38% return on Gaddafi fund investment
Libyan dictator Muammar Gaddafi has suffered huge losse..

. ICICI Bank to add 1,500 more branches in next three years
India's largest private lender ICICI Bank today said it..

. RBI asks banks to rotate staff to check loan fraud
In a bid to contain frauds in banks, the Reserve Bank t.

.. Karnataka Bank eyes retail as corporate demand wanes
Private-sector lender Karnataka Bank is focusing more o...