Banks general
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
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
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
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.
CIT reports $1 million pre-tax loss in Q4-'09
18 Mar 2010
Citigroup raises stake in Chilean bank to 50 per cent
17 Mar 2010
Last week, Citigroup's CEO Vikram Pandit Pandit told an investor conference in New York that Citigroup was back on the path to success after losing billions of dollars during the past two years
RBI cancels licences of two urban co-op banks
12 Mar 2010
China allows SBI to lend to Indian firms in yuan
12 Mar 2010
China, which normally shies away from permitting foreign banks to do business in the local currency, has permitted State Bank of India to lend Indian companies in China upto $200 million in the yuan
RBI, SEBI tightens screws on Bank of Rajasthan
09 Mar 2010
RBI defers implementation of base rate to 1 July
06 Mar 2010
Banks end cut-rate car, home loans spree
05 Mar 2010
Three private banks, HDFC Bank, ICICI Bank and Kotak Mahindra, have raised rates on home and auto loans, reflecting the stiffening money market as well as RBI’s recent move to raise the capital reserve ratio by 75 basis points
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