Banks general
Fresh plea in SC against linking mobile nos, bank a/cs with Aadhaar
16 Oct 2017
As telecom service firms and banks hound their customers for providing Aadhaar data before the 31 December deadline set by the government, a fresh petition has been filed in the Supreme Court challenging this directive
Post demonetisation 5,800 companies operated 13,140 suspicious accounts
06 Oct 2017
While the first installment of data provided by the 13 banks showed 5,800 of the over 2 lakh companies that were struck off the register of companies operating 13,140 accounts, at least one company had 2,134 fake accounts
RBI keeps policy repo rate unchanged at 6 per cent
04 Oct 2017
RBI’s Monetary Policy Committee said while there are concerns with GDP growth sliding down to 5.7 per cent in the first quarter of fiscal 2018, a large part of the slowdown is expected to be transitory
SBI reduces interest on fixed deposits
04 Oct 2017
Mallya arrested in London in money laundering case, let off on bail
03 Oct 2017
Mallya faces nearly half a dozen warrants in India and has been accused for repeatedly refusing to appear before courts and investigators, but is often seen at public events in London
ICICI Bank offers cashback on home loan EMIs
28 Sep 2017
SBI lowers minimum balance requirement to Rs3,000, cuts penalties
26 Sep 2017
The bank has also exempted pensioners, beneficiaries of social benefits from government and minors from the requirement of minimum balance in savings account
Yes Bank trims workforce by 12% in digital push
22 Sep 2017
Yes Bank’s move to eliminate 2,500 jobs comes after private sector banking major HDFC Bank reduced its workforce by 6,096 during January-March 2017
IndusInd Bank, Bharat Financial explore merger
12 Sep 2017
Pakistan’s Habib Bank fined $225 mn, pushed out of NYC over terror links
09 Sep 2017
The bank allegedly facilitated almost 13,000 transactions involving at least $250 million through its Manhattan branch without proper screening for prohibited transactions or dealings with sanctioned countries
Pakistan’s Habib Bank fined $225 mn, pushed out of NYC over terror links
09 Sep 2017
The bank allegedly facilitated almost 13,000 transactions involving at least $250 million through its Manhattan branch without proper screening for prohibited transactions or dealings with sanctioned countries
Banks show no urgency in restoring financial health: Viral Acharya
09 Sep 2017
RBI deputy governor Viral Acharya asked why banks are not looking at market funds to address the problem of massive recapitalisation, especially at a time when the market is flush with funds
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