Banking Sector

Citi India Full-year Net Profit Doubles

Indian operations of Citi bank have doubled profit for the year ended March 31, 2008. The bank has gained 100% profit rise notwithstanding sub prime crisis.

IKB posts lower-than-expected loss

Dusseldorf - Germany's IKB Industriebank AG, which has one of the nation's prominent casualties of the subprime crisis, reported Thursday a lower-than-expected loss as a tax benefit helped the gro

More banks hike lending, deposit rates

Housing Development and Finance Corp (HDFC) on Monday announced raising home loan rates for existing as well as new customers by much as 75 basis points (100 basis points=1%).

Reserve Bank of India, Bank of Japan inks BSA deal

The Reserve Bank of India and Bank of Japan have clinched a bilateral swap Reserve Bank of India, Bank of Japan inks BSA deal

Yes Bank raises Rs 364 crore from Rabobank

Private sector lender Yes Bank has informed that it has successfully raised Rs Yes Bank raises Rs 364 crore from Rabobank

Major Public Sector Banks Hike Lending, Deposit Rates

Following Reserve Bank of Indiahike in repo rates by Reserve Bank of India, the banks have sta

Pages