Banks general
US Fed moves to cap bankers compensation, bonus
19 Sep 2009
RBI hikes penalty for breach of CRR, SLR norms by banks
18 Sep 2009
RBI will charge penal interest of up to 5 per cent above the Bank Rate for defaults in maintening the prescribed CRR and SLR with retrospective effect from 24 June 2006
Axis bank raises Rs3464 crore through QIP, GDRs
18 Sep 2009
SBI to ramp up overseas business; plans $1 billion acquisitions
18 Sep 2009
SBI is looking at acquisitions of up to $1 billion in the United Kingdom, where it expects to maintain a 40 per cent growth rate, says chairman O P Bhatt
RBI tells banks to tighten anti-fraud measures
17 Sep 2009
US toxic assets finds first buyer
17 Sep 2009
The US Federal Deposit Insurance Corporation signed a deal with Residential Credit Solutions to sell $1.3 billion in mortgages from failed lender Franklin Bank
Citigroup mulls cutting government stake
16 Sep 2009
Troubled US banking giant, Citigroup Inc. is planning to reduce the US government's 33.6-per cent stake, tominimise its involvement in the bank's day-to-day operations
RBI to keep rates till full economic recovery: Subbarao
16 Sep 2009
Although inflationary pressures are building up, the Indian central bank will start exiting the monetary expansion programme only after a full economic recovery
Accept cash in any denomination: RBI
15 Sep 2009
Russia's Sberbank to open branch in Delhi
14 Sep 2009
RBI asks banks to keep client records for 10 years
12 Sep 2009
RBI has asked all banks to maintain records of all customer transactions for a minimum of 10 years from the date of transaction
Goldman chief backs calls for shift in bankers’ bonus policy
10 Sep 2009
Goldman Sachs' chairman Lloyd Blankfein has come out in the open against fat pay cheques for bankers and wants an end to multi-year guaranteed employment contracts
SBI sees 30-35 per cent rise in Q2 profit
08 Sep 2009
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Featured articles
The life and times of Manmohan Singh, former Prime Minister of India
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On 27th December 2024 India and the world lost one of their finest statespersons in a hundred years. Manmohan Singh, born on 26th September 1932, in Gah, Punjab (now in Pakistan)
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The Rise and Rise of HDFC Bank
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HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
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Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
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Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
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