DBS seeks RBI nod to set up local subsidiary
The Singaporean lender DBS on Tuesday became the first foreign bank to seek the Reserve Bank's permission to set up a local subsidiary.
May 12, 2015, 18:17 PM ISTRBI asks PSBs,large pvt and foreign banks to appoint ombudsman
The RBI has taken this initiative to further boost the quality of customer service and to ensure undivided attention to resolution of customer complaints.
May 11, 2015, 19:44 PM ISTForeign bank subsidiaries good for stability: IMF
The slowdown in cross-border lending since 2008, especially by European banks, has in part been replaced by a surge from Asian banks, the International Monetary Fund said in a new report.
Apr 08, 2015, 22:14 PM ISTGoa: ED summons Radha Timblo in money laundering case
A senior ED official told PTI here that she would have to remain present at the Central agency's office here on November 18.
Nov 05, 2014, 20:29 PM ISTED probing Goa firm Timblo in mining scam, laundering case
Sources said the agency had issued summons to the firm and its directors sometime back after it registered a criminal case in the Rs 35,000-crore Goa illegal mining scam in the beach state.
Oct 28, 2014, 21:43 PM ISTBlack money list: No intention to withhold any name, govt tells SC
In an important revelation, the Centre released eight names against whom it has started prosecution for allegedly stashing black money in foreign banks.
Oct 27, 2014, 02:12 AM IST