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Indian-Origin Banker Says He Earns Rs 3 Crore In London, Internet Reacts
An Indian-origin investment banker's claim that he makes over Rs 3 crore in London has stunned many on social media.
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"Chinese Banks Far Less Digital Than Indian Lenders": Top Banker KV Kamath
Chinese banks are "far less digital" than Indian lenders now even though they had embarked on the digital journey very early, veteran banker K V Kamath said on Thursday.
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Abu Dhabi Royal To Invest In Banker Rajeev Misra's New $6.8 Billion Vehicle
As Gulf oil wealth flows to all corners of the globe - backing mega mergers, propping up economies and upending the world of sport - moves by a key member of Abu Dhabi's ruling family have positioned him as one of world's most influential dealmakers.
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Opinion: 'The Shawshank Redemption' And India's Criminal Justice System
In the movie "The Shawshank Redemption," Andy Dufresne, a banker wrongfully accused of murdering his wife, endures two decades at Shawshank Prison. While incarcerated, he uses his banking skills to assist the corrupt warden in money laundering.
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Here's How Much Bankers Earned From Advising On Mega HDFC Merger
A $64 billion merger of two big Indian lenders is yielding almost no fees to financial advisers, highlighting investment bankers' struggle for profits in the country.
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Banker Brijesh Goel Convicted In US. Friend Testified Against Him
A former Goldman Sachs Group Inc. banker was found guilty of passing inside information on deals to a once-close friend and squash partner who became the prosecution's star witness.
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80% Indians Are Depositing Rs 2,000 Notes, Not Exchanging Them: Report
About three-fourths of Indians are choosing to deposit the recently withdrawn 2000-rupee notes into bank accounts so far rather than exchanging them for smaller denominations, with the trend likely to boost bank deposits, bankers said.
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Indian Banks Said to Soon Use Face Recognition, Iris Scan for Some Transactions
The Indian government is allowing banks to verify individual transactions that exceed a certain annual limit using facial recognition and an iris scan in some cases, in a bid to reduce fraud and tax evasion, three sources told Reuters. A few large private and public banks have begun using the option, said one of the sources, a bank...
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Xiaomi India Misled Deutsche Bank for Years on 'Illegal' Royalty Payments, Documents Show
Xiaomi India misled banker Deutsche Bank for years, by claiming it had an agreement for payment of royalties when it had none, according to legal documents. One of Xiaomi's four bank accounts in India frozen by the ED is at Deutsche Bank. The company denies wrongdoing and approached an Indian court arguing its payments were legitimate and that the ...
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Viral Video: On Mumbai Streets, A Bank Officer With A Mic And A Message
Indian bankers are taking to the streets with megaphones and enlisting grocers to sign up customers as they seek to lure cash deposits to fund the fastest credit growth in a decade.
-
Indian-Origin Banker Issued 10-Year Prohibition Order In Malaysia 1MDB Case
An Indian-origin banker has been issued a 10-year prohibition order and a 24-month conditional warning for his failure to report a suspicious transaction involving the jailed Malaysian Prime Minister Najib Razak.
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India Expected To Be $25 Trillion Economy In 25 Years: Banker KV Kamath
India is expected to be a USD 25-trillion economy in 25 years, veteran banker and chairman of National Bank for Financing Infrastructure and Development K V Kamath said on Tuesday.
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Russia's Exclusion Potentially Paves Way For India Into Global Bond Index
India has the biggest bond market among emerging economies that's not covered by global indexes, but bankers say that may change soon, potentially drawing in billions of dollars in inflows. Russia's recent exclusion is one reason why.
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US Claims India Hid Russian Origin Of Fuel Shipped To Them: Report
The United States has expressed concern to India that it was being used to export fuel made from Russian crude, through high-seas transfers to hide its origin, to New York in violation of US sanctions, a top Indian central banker said on Saturday.
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Hundreds In Sarees At UK's Royal Ascot Horse Race To Help Indian Weavers
Hundreds of women, mostly doctors and bankers showed up at Britains most valued Royal Ascot race meeting, in traditional sarees today.
-
Indian-Origin Banker Says He Earns Rs 3 Crore In London, Internet Reacts
An Indian-origin investment banker's claim that he makes over Rs 3 crore in London has stunned many on social media.
-
"Chinese Banks Far Less Digital Than Indian Lenders": Top Banker KV Kamath
Chinese banks are "far less digital" than Indian lenders now even though they had embarked on the digital journey very early, veteran banker K V Kamath said on Thursday.
-
Abu Dhabi Royal To Invest In Banker Rajeev Misra's New $6.8 Billion Vehicle
As Gulf oil wealth flows to all corners of the globe - backing mega mergers, propping up economies and upending the world of sport - moves by a key member of Abu Dhabi's ruling family have positioned him as one of world's most influential dealmakers.
-
Opinion: 'The Shawshank Redemption' And India's Criminal Justice System
In the movie "The Shawshank Redemption," Andy Dufresne, a banker wrongfully accused of murdering his wife, endures two decades at Shawshank Prison. While incarcerated, he uses his banking skills to assist the corrupt warden in money laundering.
-
Here's How Much Bankers Earned From Advising On Mega HDFC Merger
A $64 billion merger of two big Indian lenders is yielding almost no fees to financial advisers, highlighting investment bankers' struggle for profits in the country.
-
Banker Brijesh Goel Convicted In US. Friend Testified Against Him
A former Goldman Sachs Group Inc. banker was found guilty of passing inside information on deals to a once-close friend and squash partner who became the prosecution's star witness.
-
80% Indians Are Depositing Rs 2,000 Notes, Not Exchanging Them: Report
About three-fourths of Indians are choosing to deposit the recently withdrawn 2000-rupee notes into bank accounts so far rather than exchanging them for smaller denominations, with the trend likely to boost bank deposits, bankers said.
-
Indian Banks Said to Soon Use Face Recognition, Iris Scan for Some Transactions
The Indian government is allowing banks to verify individual transactions that exceed a certain annual limit using facial recognition and an iris scan in some cases, in a bid to reduce fraud and tax evasion, three sources told Reuters. A few large private and public banks have begun using the option, said one of the sources, a bank...
-
Xiaomi India Misled Deutsche Bank for Years on 'Illegal' Royalty Payments, Documents Show
Xiaomi India misled banker Deutsche Bank for years, by claiming it had an agreement for payment of royalties when it had none, according to legal documents. One of Xiaomi's four bank accounts in India frozen by the ED is at Deutsche Bank. The company denies wrongdoing and approached an Indian court arguing its payments were legitimate and that the ...
-
Viral Video: On Mumbai Streets, A Bank Officer With A Mic And A Message
Indian bankers are taking to the streets with megaphones and enlisting grocers to sign up customers as they seek to lure cash deposits to fund the fastest credit growth in a decade.
-
Indian-Origin Banker Issued 10-Year Prohibition Order In Malaysia 1MDB Case
An Indian-origin banker has been issued a 10-year prohibition order and a 24-month conditional warning for his failure to report a suspicious transaction involving the jailed Malaysian Prime Minister Najib Razak.
-
India Expected To Be $25 Trillion Economy In 25 Years: Banker KV Kamath
India is expected to be a USD 25-trillion economy in 25 years, veteran banker and chairman of National Bank for Financing Infrastructure and Development K V Kamath said on Tuesday.
-
Russia's Exclusion Potentially Paves Way For India Into Global Bond Index
India has the biggest bond market among emerging economies that's not covered by global indexes, but bankers say that may change soon, potentially drawing in billions of dollars in inflows. Russia's recent exclusion is one reason why.
-
US Claims India Hid Russian Origin Of Fuel Shipped To Them: Report
The United States has expressed concern to India that it was being used to export fuel made from Russian crude, through high-seas transfers to hide its origin, to New York in violation of US sanctions, a top Indian central banker said on Saturday.
-
Hundreds In Sarees At UK's Royal Ascot Horse Race To Help Indian Weavers
Hundreds of women, mostly doctors and bankers showed up at Britains most valued Royal Ascot race meeting, in traditional sarees today.
