Indian Banks

LIC invests ₹2,750 crore in shares of nine state-owned banks

Life Insurance Corporation has invested in nine state-owned banks. The Indian-based insurance group has invested around ₹2,750 crore in shares of nine banks in order to strengthen their capital reserve.

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Lowered interest rates provide better business to Indian banks

The Fed Reserve's turnaround on tapering had opened better loan prospects for banks in India.

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Mauritius opening up to Indian banks

Indian banks are seeking to set up shop in Mauritius in order to gain from possible business the African continent would provide.

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PwC Sees 32% Decline in PE Investments in Oct-Dec 2012 Quarter

A report from PwC reveals 32 percent down in PE investments in fourth quarter of 2012 from the same period in 2011.

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