Coronavirus impact: Banks take emergency steps to reduce disruption
Axis Bank has invoked its emergency business continuity plan (BCP) and asked two-thirds of employees in its headquarters to work from home. Deutsche Bank has asked some of its employees to not come to office.
Coronavirus: MNCs’ China de-risk plan a shot in the arm for India
A UBS report last month said initial signs showed that India is the top des...
Slowdown in economy structural; sectors like realty need a boost
market participants present in the conclave agreed that the slowdown is real...
Monetary policy can't solve structural problems, it can only address cyclical shocks: Viral Acharya
Financial stability is a pre-requisite for money policy to get transmitted to real economy, he said.
PSBs start giving loans based on customers’ risk profile
Bank of Baroda, Union Bank, Syndicate Bank roll out differential rates based on Cibil scores
EY’s legal head joins a local subsidiary of RBS group as head legal
Amar Kumar Sundram, the national director for legal and general counsel at EY, will join the RBS Group subsidiary.
K Raheja Corp set to acquire Citibank’s former HQ in Mumbai
Several developers and global funds had shown interest in buying the standalone iconic building spread over around 1.10 lakh sq ft.
RBI slaps Rs 3 crore penalty on Citibank India
The penalty was based on shortcomings in regulatory compliance and does not question the validity of any transaction the bank entered with its customers, RBI said.
Global banks tap startups here to make fintech mark
Financial institutions are engaging with startups through formal accelerators or incubators.
Citibank India FY18 net profit at Rs 3,403 crore
The bank had registered a net profit of Rs 3,626 crore in the preceding year.
Balasubramanian quits HDFC Bank as head of corporate banking, heads back to Citibank
Balasubramanian had quit Citibank in April last year to head the large corporate section for HDFC Bank as the Mumbai based lender made a fresh push for large corporate clients.
Citibank India's net profit up 12% in FY17
Citibank's capital adequacy also improved to 17.6 per cent from 15.8 per cent in fiscal year 2016.
Citibank India net profit up 12% in FY17
Total assets in India including loans to Indian clients from offshore Citibank entities remained flat at Rs 2.02 lakh crore.
Growth will come from digital reach to clients: Karthik Kaushik, Citibank India
Banks are taking more risk to expand their re tail books and invest in gaining retail clients, said Citibank India's consumer banking head Karthik Kaushik.
Citibank India appoints Sharad Mohan as retail bank head
Prior to his role as the S&D Head, Sharad was the chief operating Officer for the Consumer Bank for two years. Prior to his return to India in 2011 from Singapore, Sharad was the regional Citigold head for Asia Pacific since 2006.