Banks general
Credit Suisse injects Rs794 crore in India unit
07 Jan 2009
Banks drop deposit rates
03 Jan 2009
SBI to sell Tier II bonds to retail investors
03 Jan 2009
UBS sells off units to JPMorgan
22 Dec 2008
SBI slashes lending, deposit rates
20 Dec 2008
Bank of America hits the wall in China
20 Dec 2008
HSBC discloses $1billion exposure to Madoff fraud
16 Dec 2008
HSBC yesterday said it had an exposure of around $1billion in US financier Bernard Madoff.'s investment fraud
Bloomberg sues against Fed's non-disclosure of lending details
15 Dec 2008
Bloomberg News has filed a case against the US Fed under the ‘US Freedom of Information Act’ to force it to disclose the names of recipients of loans from the over $2 trillion emergency bailout funds.
Bank of America to slash up to 35,000 jobs over next three years
12 Dec 2008
Bank of America will cut 30,000 to 35,000 jobs in the next three years as it absorbs the acquisition of Merrill Lynch in a faltering economy
Standard Chartered launches Platinum Debit Card
11 Dec 2008
RBI boosts liquidity; relief for real estate, export, small sectors
06 Dec 2008
In its economic stimulus package, RBI today announced a 1 basis point reduction in the repo and reverse repo and easesier lending to small industries, exporters, the real estate business.
RBI Governor not in favour of large rate cut
06 Dec 2008
RBI conserving its forex reserves
03 Dec 2008
SBI hiring over 4,200 staff for associate banks
02 Dec 2008
At a time when banks across the globe are cutting staff and closing branches amidst a financial market meltdown, State Bank of India plans to hire over 4,200 employees