Banks general
Axis Bank opens 1000th branch, plans 30 more
30 Mar 2010
![SBI sets 34:100 share swap ratio for State Bank of Indore merger SBI sets 34:100 share swap ratio for State Bank of Indore merger](/finance/banks/SBI/images/o_p_bhatt_sm_domain-b.jpg)
SBI sets 34:100 share swap ratio for State Bank of Indore merger
29 Mar 2010
This will be SBI's second merger of an associate bank after the merger of State Bank of Saurashtra in August 2008
RBI cancels licence of Shri Mahesh Sahakari Bank
27 Mar 2010
![HDFC to transfer investments in unlisted companies to SPV HDFC to transfer investments in unlisted companies to SPV](/finance/institutions/HDFC/images/deepak_parekh_sm_domain-b.jpg)
HDFC to transfer investments in unlisted companies to SPV
27 Mar 2010
Several overseas private equity investors have evinced interest in taking stakes in an SPV holding the mortgage lender’s unlisted shares, says HDFC chairman Deepak Parekh
Axis Bank raises $350 million through bond issue
26 Mar 2010
![Dubai World proposes to convert $8.9 billion debt into equity Dubai World proposes to convert $8.9 billion debt into equity](/finance/banks/images/dubaiworld_logo_sm_domain-b.gif)
Dubai World proposes to convert $8.9 billion debt into equity
25 Mar 2010
Dubai World had total financial liabilities of $23.5 billion as of 31 December 2009
RBI revises repo accounting norms for banks
23 Mar 2010
![ICICI Bank gets full banking licence in Singapore ICICI Bank gets full banking licence in Singapore](/finance/banks/ICICI_Bank/images/chanda_kochar_sm_domain-b.jpg)
ICICI Bank gets full banking licence in Singapore
23 Mar 2010
Mumbai-based ICICI Bank, in which the Singapore government holds a 1.53-per cent stake, is the second Indian financial institution after State Bank of India to enjoy qualifying full bank privileges in Singapore
New banking licences to come with tougher norms
20 Mar 2010
![SBI will not raise lending rates, says Bhatt SBI will not raise lending rates, says Bhatt](/finance/banks/SBI/images/o_p_bhatt_sm_domain-b.jpg)
SBI will not raise lending rates, says Bhatt
20 Mar 2010
State Bank of India today said it has no plans to hike lending rates immediately, and would wait for further signals from RBI
![RBI hikes repo, reverse repo rates by 25 bps RBI hikes repo, reverse repo rates by 25 bps](/finance/banks/RBI/images/rbi_logo.jpg)
RBI hikes repo, reverse repo rates by 25 bps
20 Mar 2010
Concerned over rising inflation RBI yesterday hiked its short-term lending and borrowing rates by 25 basis points each to 5.0 per cent and 3.5 per cent
![Bank recapitalisation to start in April-May Bank recapitalisation to start in April-May](/finance/banks/images/pranab_mukherjee_sm_domain-b.jpg)
Bank recapitalisation to start in April-May
19 Mar 2010
Government will pump Rs9,000 crore fresh capital into state-run banks in the next two months as part of the Rs16,500 crore capital infusion proposed by the finance minister in the 2010-11 budget.
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