|
IndusInd
in talks with UAE banks
Mumbai: IndusInd Bank is in talks with some local
banks in UAE to expand its presence in the region. The
bank is also in talks with a leading exchange company
for remittance services, according to Bhaskar Ghose, Managing
Director of the bank.
Back
to News Review index page
UTI
Bank bites into food credit pie
Mumbai: Flush with funds and shrinking margins,
more private and foreign banks are showing interest in
the traditional RBI-managed food credit programme. At
the rate of 11.10 per cent, this 40-year old Government
scheme, with no history of default has become an attractive
investment avenue for banks in the current falling interest
rate regime.
Back
to News Review index page
IFC
sanctions Rs 60-crore loan to Dewan Housing Finance
New Delhi: International Finance Corp-oration (IFC),
which is a private financing arm of the World Bank, has
granted a Rs 60-crore long term assistance facility to
Dewan Housing Finance Corporation Ltd, to expand the latter’s
housing finance operations in the country.
Back
to News Review index page
|
