Banks general

Rival in Green Investment Bank bid launches legal challenge

01 Mar 2017

Banks’ non-food credit increased by 3,5 per cent in January: RBI

01 Mar 2017

Microsoft, JP Morgan Chase, others to create virtual currency network Ethereum

28 Feb 2017

PSU banking services hit by strike

28 Feb 2017

PSU bank employees to strike work tomorrow

PSU bank employees to strike work tomorrow

27 Feb 2017

Most of the banks, including SBI, PNB and BoB, have already informed their customers that functioning of branches and offices will be impacted if the strike takes place

Banks’ bad loans could exceed Rs20,00,000 cr: K C Chakrabarty

27 Feb 2017

HSBC sets aside $773 mn against global tax fraud probes

27 Feb 2017

Banks failing to honour PMGKY amnesty scheme warned

25 Feb 2017

Axis Bank, 2 other firms under probe for Aadhar misuse

Axis Bank, 2 other firms under probe for Aadhar misuse

25 Feb 2017

For the first time, three firms, including Axis Bank, are being probed for allegedly attempting unauthorised authentication and impersonation by using stored Aadhaar biometrics

SBI, associate banks merger to start on 1 April

SBI, associate banks merger to start on 1 April

24 Feb 2017

The merger of all the five associate banks will raise SBI’s combined asset base to over Rs3,200,000 crore and place it among world’s top 50 banks

Report into cyber breach of India’s payments network reveals major security gaps

23 Feb 2017

Banks told to switch to Aadhaar Pay by end-March

23 Feb 2017

Economic advisor backs `bad bank’ proposal to tackle NPAs

Economic advisor backs `bad bank’ proposal to tackle NPAs

22 Feb 2017

Critics, however, say the bad bank will only shift the burden of recovery from the bank and will not help reduce bad loans

PAC to probe banks’ loan defaults, summons officials of four PSU banks

22 Feb 2017

A sixth of all PSU bank loans stressed: RBI Dy governor

A sixth of all PSU bank loans stressed: RBI Dy governor

22 Feb 2017

For banks in the worst shape, the share of assets under stress has approached or exceeded 20 per cent, he said, adding that this estimate of stressed assets has doubled from 2013

HSBC reports $3.4 bn Q4 pre-tax loss as revenue falls sharply

21 Feb 2017

Customers avoid Wells Fargo after scandal over sales practices

20 Feb 2017

Savings account holders can withdraw up to Rs50,000 a week now

Savings account holders can withdraw up to Rs50,000 a week now

20 Feb 2017

Starting today, savings accounts holders will be able to withdraw cash up to Rs50,000 per week, though the ATM withdrawal limit of Rs10,000 will stay

I-T Dept’s 'Operation Clean Money’ gets 5.27 lakh responses

17 Feb 2017

Cabinet gives go-ahead for SBI’s acquisition of subsidiary banks

Cabinet gives go-ahead for SBI’s acquisition of subsidiary banks

15 Feb 2017

However, the merger, which will create a banking behemoth, does not include Bharatiya Mahila Bank as earlier proposed

Banks rush for cyber fraud cover as digital payments rise

13 Feb 2017

Banks rush for cyber fraud cover as digital payments rise

13 Feb 2017

SBI Q3 net jumps 134% to Rs2,610 cr despite a 0.9% increase in NPAs

10 Feb 2017

Weekly cash limit for savings accounts raised to Rs50,000 from 20 Feb, no curbs from 13 March

08 Feb 2017

Banks charge more for overdraft than payday loans

08 Feb 2017

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