Banking Sector

HDFC Bank increases BPLR by 25 bps

Harish Dhawan 22 June 2008

Private sector lender HDFC Bank has hiked its benchmark prime lending rate (BPLR) by 25 basis points to 15.25 per cent.

Banks in four South-East Asian countries face volatile times

Mohit Joshi 20 June 2008

Singapore - Banks in four South-East Asian countries face volatile times

World Bank raises China growth forecast to 9.8 per cent

Sahil Nagpal 19 June 2008

Beijing - World BankThe World Bank on Thursday raised

Goldman Sachs lists ten things India needs to do to grow 40 times by 2050

Sahil Nagpal 19 June 2008

London, June 19: Goldman Sachs Group Inc., the world’s largest investment bank, has outlined 10 things for India to improve upon, in order to achieve its potential and grow 40 times by 2050.

Allahabad Bank To Hold Its Global Expansion Plan

Harish Dhawan 17 June 2008

Allahabad Bank has decided to put its overseas expansion plan on hold till Allahabad Bank

Indonesian parliament passes Islamic banking bill into law

Sahil Nagpal 17 June 2008

Jakarta - The Indonesian parliament on Tuesday passed a Sharia or Islamic banking bill into law, paving the way for the government to ensure legal certainty in running the sharia banking industry i

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