Banks general

ED finds 9 banks involved in Rs550 cr money laundering

ED finds 9 banks involved in Rs550 cr money laundering

16 Oct 2015

The Bank of Baroda fraud unearthed recently was not an isolated case, as the Enforcement Directorate has found that nine other banks were involved in sending illegal remittances to Hong Kong and China

Deposits in Jan Dhan Yojana accounts cross Rs25,000 crore

14 Oct 2015

Six, including HDFC officials held in Bank of Baroda scam

14 Oct 2015

YES Bank gets RBI nod for mutual fund, AMC, trustee company

12 Oct 2015

CBI raids Bank of Baroda branches over Rs6,172 cr 'black money’ transfer

12 Oct 2015

RBI steps in to save Indian Overseas Bank from insolvency

06 Oct 2015

Bernanke wanted worst Wall Street executives jailed

Bernanke wanted worst Wall Street executives jailed

05 Oct 2015

Former Fed chief Ben Bernanke says the US Department of Justice should have vigorously investigated individuals for wrong-doings rather that focusing on their firms alone

US to share foreign account tax data with India, others

03 Oct 2015

US regulator approves $3.7-bn M&T Bank-Hudson City merger

US regulator approves $3.7-bn M&T Bank-Hudson City merger

01 Oct 2015

The combination will create the 14th-biggest bank in the US with combined assets of around $132 billion

SBI cuts base rate by 40 bps to 9.30%

29 Sep 2015

RBI slashes policy repo rate by 50 bps to 6.75%

RBI slashes policy repo rate by 50 bps to 6.75%

29 Sep 2015

RBI said the rate reduction has been prompted by a moderation in growth rate and a general easing of inflationary pressures, since its third bi-monthly monetary policy review of August 2015

Govt may consider lowering stake in PSU banks to 52%: Jaitley

Govt may consider lowering stake in PSU banks to 52%: Jaitley

28 Sep 2015

The government may consider reducing its stake in state-run banks to 52 per cent and give more operational freedom to public sector banks

Banks start issuing new chip-enabled credit cards

26 Sep 2015

Government weighs raising FDI limit in private banks to 100%

18 Sep 2015

RBI grants approval to 10 small finance banks

18 Sep 2015

Bad loans rising faster than bank credit: RBI dy governor

15 Sep 2015

12 major banks agree to pay $1.87 bn to settle price fixing charges

14 Sep 2015

Moody’s expects RBI rate cut amid falling prices

12 Sep 2015

China’s woes could trigger global recession, warns Citi economist

China’s woes could trigger global recession, warns Citi economist

10 Sep 2015

A `hard landing’ by the slowing Chinese economy and a downturn in the commodity markets combined with the US Federal Reserve’s move to push up interest rates could plunge the world economy into recession in the next two years

RBI to issue small finance bank licences in a few days

10 Sep 2015

Maharashtra seeks RBI help in lending to Marathwada farmers as co-op banks turn illiquid

08 Sep 2015

AIIB members ink agreement; bank to offer loans with no strings

02 Sep 2015

RBI lists SBI, ICICI Bank as domestic systemically important banks

01 Sep 2015

Barclays to be first UK bank to accept bitcoin

Barclays to be first UK bank to accept bitcoin

01 Sep 2015

Apart from not wanting to be left out, Barclays has also seen bitcoin’s potential to lower infrastructure costs, in he process becoming the first UK high street bank to accept bitcoins later this year

PMJDY adds 175 mn bank accounts with Rs22,000-cr deposits in first year

PMJDY adds 175 mn bank accounts with Rs22,000-cr deposits in first year

29 Aug 2015

The Pradhan Mantri Jan Dhan Yojana the biggest financial inclusion initiative in the world, has helped open more than 175 million bank accounts and raise deposits of more than Rs22,000 crore in these accounts

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