State Bank of India set to enter wealth management, compete with private banks
SBI will venture into wealth management, one of the most profitable business initiatives of private and foreign banks, chairman Bhattacharya confirmed.
 
JSW divests 26% stake in South African Coal Mining Holdings
JSW divests 26% stake in South African Coal Mining Holdings - VC Circle
It acquired majority stake in the firm four years ago.
 
Citibank sees 'healthy growth' in consumer banking in India
Citi said today that despite sluggish economic growth in the country, its unsecured loan book continues to grow and its quality has not been affected.