Banking

Banks to settle Rs `4,00,000 crore Debt

Banks are likely to take a haircut of 60 per cent, worth Rs 2,40,000 crore, to settle 50 large stressed assets with ...

Wizz Air eyes lower costs after banking record profits

  Low-cost carrier Wizz Air reckons its plan to move to larger planes and own some of its fleet ...

Govt move to create big banks through mergers risky, says union

MUMBAI, JULY 18:   The government’s bid to consolidate public sector banks (PSBs) through mergers to create big ...

This week in banking: RBI Guv talks on demonetisation, 2 pvt banks post results; insolvency hiccups continue

This week in banking: RBI Guv talks on demonetisation, 2 pvt banks post results; insolvency hiccups continue Apart ...

Banks are not headed back to 2007, says analyst

U.S. bank regulation is not being rolled back to match pre-financial crisis standards despite Federal Reserve ...

When it comes to banking, does royalty have no human rights?

For some time now, banks have wielded hamfistedly the concept of the ‘politically exposed person’. They have ...