Indian Bank (INBA.NS)
NEW DELHI India's finance ministry has exempted rupee payments made to the National Iranian Oil Co (NIOC) for crude oil imports from a steep withholding tax, according to a government order reviewed by Reuters.
MUMBAI The new head of India's central bank said on Wednesday he would consult more closely with the government on policy issues and meet heads of state-run lenders within hours to address problems facing the banking sector.
MUMBAI, Dec 12 New Reserve Bank of India (RBI) Governor Shaktikanta Das said on Wednesday he would adopt a consultative approach and move quickly to meet bank chiefs and other parties to tackle issues facing the sector.
Billionaire global investor Warren Buffett's Berkshire Hathaway Inc is looking to pick up a 10 percent stake in Kotak Mahindra Bank Ltd , according to a media report on Friday, a plan the Indian bank said it was unaware of.