icici not to lend any more to steel sector
calcutta: icici will not increase its exposure to the steel sector.

icici's chief executive officer k.v.kamath said that in spite of steel prices hardening globally, icici will not lend any further to the industry.

convenience cheques from citibank
mumbai: citibank has introduced 'convenience cheques' for its cardholders. cardholders will be able to issue cheques against their cards and pay utility bills and other expenses.

the facility is available in mumbai, delhi, calcutta, chennai, bangalore and pune and enables inter-city payments the bank said the facility is available to cardholders with a good credit history.

citigroup to merge two units
new york: citigroup said it is combining its private banking business and asset management arm into a new group.