RBI says no to easing of PCA rules yet; board discusses liquidity crunch, NPA issue The board of the Reserve Bank of India (RBI) is learnt to have discussed the issue of relaxing the so-called prompt corrective action (PCA) framework in a much-watched meeting on Tuesday, but no relief...
Destination India: Deutsche Bank to outsource Jacksonville jobs to Mumbai (Reuters)Deutsche Bank AG was at the forefront as Wall Street began “nearshoring” staff to cheaper cities across the U.S. Now, the German lender is moving some of those jobs to India.The bank is offshoring about 60 accounting positions...