Banks general

Indian banks ask RBI to ease CRR, SLR curbs as liquidity tightens

30 Sep 2008

Indian banks have asked RBI to relax its CRR and SLR amidst an unprecedented liquidity crunch in the system.

CBI busts fake RBI cheques scam

24 Sep 2008

The CBI suspects the fraudulent withdrawal  of Rs14.55 crore from the Railway’s account using fake RBI cheques, might just be the tip of a massive scam

HSBC dumps Korea Exchange Bank acquisition plan

20 Sep 2008

SBI hopes to recover most of its $5 billion Lehman exposure: O P Bhatt

20 Sep 2008

SBI expects to recover up to 70 per cent of its exposure in the fialed US investment bank, Lehman Brothers

RBI asks banks to unwind Lehman exposure

19 Sep 2008

Lehman collapse won't hurt public sector banks: Chidambaram

18 Sep 2008

ICICI denies share sales as rumours

17 Sep 2008

Rupee hits a 2-year low of 46 against the US dollar

15 Sep 2008

RBI marks up interest on floating rate bonds 2013 to 9.77 per cent

15 Sep 2008

RBI asks banks to detail services charges, interest rates on websites

13 Sep 2008

China easing telecom, financial sector investment norms for foreigners

13 Sep 2008

Bank of America agrees to buy back $4.8 billion in auction rate securities

11 Sep 2008

Dr Subbarao's first challenge

04 Sep 2008

Dr Subbarao is taking over as RBI governor in an environment most of his predecessors would have found extremely challenging and will have to double up as a financial sector reformer from next year. Will he rise to the occasion? By Shivshanker Varma

Canara bank to open over 100 new branches in 2008-09

01 Sep 2008

Credit card spending zooms in 2007-08: RBI

01 Sep 2008

Credit card spending has grown within one year from 24.5 per cent to over 42 per cent in 2007-08

RBI cautions against US subprime-like crisis

30 Aug 2008

Rupee hammered on Day 1 of futures trading on NSE

29 Aug 2008

The rupee dropped to a low of Rs45 against the US dollar as the finance minister launched the country's first exchange traded currency futures on the National Stock Exchange today.

ICICI's Kalpana Morparia to head JP Morgan Chase and Co. in India

29 Aug 2008

ICICI stalwart Kalpana Morparia will take over a JPMorgan Chase and Co.'s India CEO. 

Reserve Bank to replace old currency series from 1996 and 2000

28 Aug 2008

The RBI will withdraw from circulation Rs500 and Rs1,000 notes issued in 1996 and 2000 in a bid to curtail the circulation of counterfeit notes

NSE to start trading in currency futures from 29 August

28 Aug 2008

IndusInd Bank, Grameen Capital, SKS Microfinance in agri microfinance deal

21 Aug 2008

ICICI Bank sells $275 million of credit derivatives abroad; signs MoU with US Exim

19 Aug 2008

Strike by officers hits clearing operations at SBI group

18 Aug 2008

RBI a net seller of foreign exchange in June

16 Aug 2008

SBI hikes prime lending rate to 13.75 per cent

11 Aug 2008