Nicosia, June 28: The Bank of Cyprus (BOC) - Eastern Mediterranean island of Cyprus biggest bank – has said it has clinched a deal to buy 80 per cent in Russia’s Uniastrum Bank for 576 million dollars as part of its strategy to expand abroad.

Andreas Eliades, Chief Executive Officer of the Bank of Cyprus, said that Uniastrum Bank, being the 9th largest banking network in Russia, would significantly strengthen BOC’s presence in targeted markets.

Karvy Stock Broking Limited has maintained ‘Sell’ rating on ICICI Bank stock to achieve a

The Reserve Bank of India (RBI) has declared a hike in cash reserve ratio

London - Britain's Barclays Bank Wednesday announced a major fund-raising move to shore up its finances, asking for a cash injection of 4.5 billion pounds (9 billion dollars) from wealthy overseas

Karvy Stock Broking Limited has maintained ‘Sell’ rating on State Bank of

According to the Assocham study, private sector banks are on hiring splurge with their average employee intensity increasing by as much as 40% during the last year (2007), owing to the minimum grow