Development Bank of Singapore on Wednesday tapping into its internal talent pool, has made four appointments effective January 2013.
The bank plans to roll out an early retirement scheme for senior employees aged 40 or more, who have been with the lender for 10 years or longer.
It is testing time for India's foreign banks, long used to a dominant presence in the niche, but highly-profitable segments of the banking industry.
DRTs, an important mechanism for loan recovery by banks, are foundering amid charges of lack of professionalism and shortage of staff as bad loans are crippling banks.
Supervisory colleges have evolved the world over as an important component of effective supervisory oversight of an international banking group.
The slowdown in growth of bank loans is spreading to the last bastion - retail - forcing lenders to raise their portfolio of unsecured loans.
Axis Bank has sent a legal notice to the Maldives government to recover its $350 million loan given to GMR Infrastructure.
IndusInd Bank has raised Rs 2,000 crore through sale of shares to UBS, Government of Singapore, SBI Mutual Fund and HDFC Life at Rs 384 per share.
Shares of Karnataka Bank scaled a new high in intra-day trade on Thursday on speculation that the private sector lender is scouting for buyers.
Increases this year may be about 5-6 per cent, compared with 10-11 per cent last year, they said, but did not want to be identified.
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