The liquidity crunch in the financial sector and high operating expenses have got private sector banks backing off from two-wheeler financing, and their public sector counterparts are filling the space they vacate. "We had...
New Delhi, Nov. 27 The Finance Ministry may approach multilateral institutions like the World Bank to part finance the planned recapitalisation of seven public sector banks to help them reach a capital adequacy ratio of 12 per...
ERODE: Erode branch of Syndicate Bank recently celebrated Customers’ Week in which important customers were honoured, says a release. P.C. Duraisami, chairman, Sakthi Masala group of companies, S.S. Sukumar, president-elect,...
There is ample scope for installation of solar lights in rural areas in northern Karnataka region, according to Mr D.B. Gore, Chief General Manager of Nabard (National Bank for Agriculture and Rural Development).
MD Satya Sheel's family holds 26 per cent in the company. Suzuki Motor Corporation (SMC) of Japan, which owns 74 per cent in its Indian two-wheeler venture —Suzuki Motorcycle India (SMIPL) – has indicated that it plans to...
Seeks clarification from Union Finance Minister Opposes bank amalgamation move KOZHIKODE: The Syndicate Bank Staff Union (SBSU, affiliated to the BEFI) wants Prime Minister Manmohan Singh and Finance Minister P. Chidambaran to...
Weathering the turbulent times, the Indian and global automotive industry is facing, Suzuki Motorcycle India launched its iconic sports bike Hayabusa and cruiser Intruder M1800R in the country on Wednesday.
Banks are busy advertising attractive deposit rates that are on offer, lining up roadshows and door-to-door campaigns. Some of them are even offering incentives to their employees to woo depositors. As a result, they expect to...
Bindisha Sarang, Outlook Money Marketers dream of launching a product that everyone thinks is exactly what he wanted all along. The virtual card number can be used as a credit/debit card number to shop online at any merchant...
Switzerland’s leading pension and insurance solution provider, Swiss Life, is looking for partners to enter the high-potential Indian life insurance sector, sources familiar with the development said. The Zurich-based insurer...