Tag: yes bank
India plans to hike foreign investment cap in state-run banks to 49%, source says
India is planning to allow direct foreign investment in state-run banks of up to 49%, more than double current limits, according to a person directly…
New CBIC norm eases compliance for importers and customs officials alike
New Delhi: The Central Board of Indirect Taxes and Customs (CBIC) has consolidated 31 separate customs duty notifications into a single comprehensive document, improving compliance…
Global banks bet billions on India amid US credit jitters| Business News
A spate of billion-dollar deals—including those involving Yes Bank Ltd. and RBL Bank Ltd.—have thrust India’s financial sector into the global spotlight, when credit worries…
Dubai’s Emirates NBD to acquire 60% of RBL Bank in $3-billion stake sale deal| Business News
Dubai’s Emirates NBD Bank PJSC has agreed to buy 60% stake in RBL Bank Ltd., in what is seen as the biggest foreign investment in…
Inflation makes case for rate cut, but growth indicators are benign
Mumbai: Odds have shortened on further easing in policy rates by the Reserve Bank of India (RBI) after the retail pricing gauge plunged to an…
Bharat Connect gets linked with FX-Retail platform; enables customers to buy USD
The Reserve Bank on Tuesday said bill payment system Bharat Connect has been linked with foreign exchange retail platform, enabling individual customers to buy US…