Search results for Commercial Bank

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Bharti Airtel to apply for payment bank, Kotak steps in with 19.9% stake

Jan 29, 2015

Bharti Airtel to apply for payment bank, Kotak steps in with 19.9% stake

a cap on the stake which can be held by commercial banks in such entities.Existing non-bank lenders, prepaid payment instrument issuers, corporate
Tencent, Alibaba lead China's top brands as tech dominates

Jan 28, 2015

Tencent, Alibaba lead China's top brands as tech dominates

percent since 2013, while government-owned firms have lost 9 percent over the same period, the report said. China Mobile Ltd and Industrial and Commercial
Forex kitty swells to hit a record but still RBI shouldn't use it to fund infra

Jan 24, 2015

Forex kitty swells to hit a record but still RBI shouldn't use it to fund infra

companies in key projects, majority of the funding for the infrastructure segment has so far been done by commercial banks. Until November end, banks have a
New Saudi king to focus economic policy on jobs as oil sags

Jan 24, 2015

New Saudi king to focus economic policy on jobs as oil sags

progress will likely be the theme," said Monica Malik, chief economist at Abu Dhabi Commercial Bank.Financial markets are likely to be pleased by the
China pumps cash into banks in bid to accelerate growth from 24-year low

Jan 22, 2015

China pumps cash into banks in bid to accelerate growth from 24-year low

-year lending rate PBOCC stands at 5.6 percent.The loans were extended to joint-stock commercial banks, and city and rural commercial banks, the PBOC said
China pumps cash into banks in bid to accelerate growth from 24-year low

Jan 22, 2015

China pumps cash into banks in bid to accelerate growth from 24-year low

-year lending rate PBOCC stands at 5.6 percent.The loans were extended to joint-stock commercial banks, and city and rural commercial banks, the PBOC said
Sebi mulls stricter rules for securitisation trustees

Jan 21, 2015

Sebi mulls stricter rules for securitisation trustees

.Scheduled commercial banks and public finance institutions may be allowed to act as trustees for a securitisation transaction. Besides, they may appoint a compliance
After surprise cut, RBI asks banks to review lending rate quarterly

Jan 20, 2015

After surprise cut, RBI asks banks to review lending rate quarterly

guidelines on interest rates on advances.Commercial banks currently do not maintain a fixed schedule for review of the base rate. While the new guidelines will
HDFC Bank world's 45th most valued bank in 2014

Jan 19, 2015

HDFC Bank world's 45th most valued bank in 2014

Industrial & Commercial Bank of China (ICBC) with the market capitalisation of $269.70 billion. It is followed by JP Morgan Chase of again the USA with the
RBI allows banks to act as insurance brokers, set up subsidiary for sales

Jan 16, 2015

RBI allows banks to act as insurance brokers, set up subsidiary for sales

increase the penetration of insurance," the Budget had said.There are about 87 commercial banks in the country with 1.2 lakh branches across the country