HDFC Bank Managing Director Aditya Puri believes that the global financial turmoil will have a limited impact on India because of the regulations and the reluctance of Indian banks to invest in

'Impact of global turmoil limited'

Business Standard

Reserve Bank of India Governor D Subbarao describes his first 50 days on Mint Road as &ldquo;tough&rdquo;. He spoke to Business Standard after his first monetary policy statement.

&#39;We can't wait for the policy review to take steps on rates&#39;

ICICI Bank had a tough second quarter, with its consolidated net profit down by over 27 per cent to Rs 651 crore.

&#39;There is a lot of liquidity pressure&#39;

Following successful stints at Bank of India and Union Bank of India, R S Reddy has taken over as chairman and managing director of Andhra Bank.

'There is enough business to tap'

From watching films on their opening weekend to shopping like there is no tomorrow, life is swinging at 60 for this former joint-MD of ICICI Bank.

LUNCH WITH BS: Kalpana Morparia

Like many of its peers, Standard Chartered (StanChart) is fine-tuning its credit strategy.

&#39;Opening up of banking will offer new opportunities&#39;

The US financial crisis deepened on Monday with the collapse of Lehman Brothers and the bailout of investment bank Merrill Lynch by Bank of America.

&#39;UK, Japan could be in as bad shape as America&#39;

Three months into his new assignment, Insurance Regulatory and Development Authority (Irda) Chairman J Hari Narayan is charting the road map for strengthening the regulatory framework and also dealing

&#39;I do not see AIG selling stake in India&#39;

It is tough to be a banker, especially now. But M D Mallya, who recently took over as the chairman and managing director of Bank of Baroda, is optimistic of meeting the targets set at the beginning of

`I do not see any correction in growth`

After years of waiting, finally there seems to be hope for the passage of the Pension Fund Regulatory and Development Authority (PFRDA) Bill, thanks to the Left&rsquo;s withdrawal of support from the

`More players within six months of Bill's passage`

How long does it take to buy a work of art that costs at least $3 million? Only 30 seconds, says trained-to-be-a-CA chief executive of the Fine Art Fund.

COFFEE WITH BS: Philip Hoffman

R R Nair is the new Director and CEO of LIC Housing Finance, the second largest housing finance company.

&#39;We are targetting 40% credit growth&#39;

&nbsp;Infrastructure is usually cited as the biggest drag on economic growth. The focused attempts on improving the institutional mechanism should, however, make capital raising easier, says William Streeter, managing director and head of global infrastructure and project finance, Asia Pacific, Fitch.

Marginal projects may drop off the table

Banks will be able to get over the problem of growing inflation and rising interest rates by increasing the deposit rates, hiking prime lending rates and mobilising low cost deposits, according to K Ramakrishnan, chairman and managing director, Andhra Bank.

`It`s good that credit growth is higher than RBI's target`

Walden International, the US-based venture capital (VC), plans to raise $500 million (Rs 2,150 crore) global fund early next year to step up its investment in China and India.

`Downturn is the best time for investment`

Even as competition in the insurance sector is on the rise, Max New York Life Insurance Co, one of the top five private life insurance firms in India, has announced plans to tap the financially weaker segments of the country through a new insurance and savings scheme called Max Vijay.

`We have no listing plans for now`

While a slowdown has dawned on many only now, Asset Reconstruction Company (India) or Arcil had started preparing for it months ago. The company is in the midst of bolstering its capital base to deal

`Longer slowdown will impact profits`

&nbsp;&nbsp;&nbsp;&nbsp; ICICI Bank has reported a decline in its quarterly net profit for the first time since its merger with ICICI.
In a telephonic interview with Business Standard, the

`The first quarter has been the toughest`

Naina Lal Kidwai, Group General Manager and Country Head for HSBC India, does not seem to be too perturbed about the slowdown or the rising delinquency levels.

`There is demand for funds`

Shikha Sharma spoke to Business Standard about the insurance company's plans and the industry as a whole, in the backdrop of rising inflation, slowing growth and soaring crude oil prices.

We`re two years away from profits

            Whether it is investing in companies or shopping for ties, Akhil Gupta looks for value.

Page 51 - Interviews