Banks general

Kotak Mahindra Bank gets FIPB nod for 55% foreign shareholding

04 Jul 2015

ED attaches land worth Rs1,000 crore in US in loan-fraud case

02 Jul 2015

Chinese banks emerge world's best capitalised, biggest profit makers

30 Jun 2015

Banks in India fail to pass on RBI rate changes: IMF study

Banks in India fail to pass on RBI rate changes: IMF study

29 Jun 2015

Banks in India are faster in effecting a hike in lending rates, but a rise in their deposit rates is not so quick, emphasises  an IMF Working Paper

Govt may infuse Rs19,440 cr into PSU banks this fiscal

27 Jun 2015

Corporate financial stress telling on bank asset quality: RBI

26 Jun 2015

RBI allows banks to borrow from global institutions sans nod

26 Jun 2015

All I-T refunds to be channeled through bank accounts: CBDT chief

All I-T refunds to be channeled through bank accounts: CBDT chief

23 Jun 2015

The income tax department has proposed to deposit all refunds on tax paid by taxpayers in their personal bank accounts as soon as these are processed and released, so as to ensure that the refunds safely reach the claimants

SBI launches online forex platform

19 Jun 2015

Court directs warring Yes Bank promoters to nominate directors jointly

18 Jun 2015

Chinese bank to join lenders’ group to set global gold prices

18 Jun 2015

ADB to increase annual lending to India to $4 bn

17 Jun 2015

One in four UK consumers even willing to share DNA with bank for secure authentication

16 Jun 2015

Home, auto loans will come down further, says FM

13 Jun 2015

Jaitley promises more capital funds to PSU banks

Jaitley promises more capital funds to PSU banks

12 Jun 2015

Jaitley called for systematic steps towards improvement of banks’ asset quality and, at the same time, sought a collective examination of effective solutions to de-bottleneck critical projects

PSU banks need more than Rs7,940 cr for capitalisation: RBI

11 Jun 2015

Kochi Metro ties up with Axis Bank for ticket sales revenues

10 Jun 2015

Punjab National Bank signs deal with Indian Army

10 Jun 2015

HSBC to shed 50,000 jobs as it reshapes business portfolio

HSBC to shed 50,000 jobs as it reshapes business portfolio

09 Jun 2015

HSBC, Europe's biggest lender, today unveiled plans for a major restructuring of its business portfolio and redeployment of resources aimed at saving $5 billion annually by 2017

RBI proposes ownership shift in debt restructuring

RBI proposes ownership shift in debt restructuring

09 Jun 2015

Christened the 'Strategic debt conversion’, the new measure will automatically give lenders 51 per cent equity control in a company that fails to repay after a second restructuring of debt

SBI to hold mega e-auction of Rs1,300-cr stressed assets

06 Jun 2015

SBI associate bank employees strike work over merger move

04 Jun 2015

HSBC to axe up to 20,000 jobs: report

HSBC to axe up to 20,000 jobs: report

03 Jun 2015

HSBC CEO Stuart Gullivar is expected to announce major cuts at an investor meet next week as he seeks to reassure shareholders and investors that the bank’s restructuring and drive to cut costs are continuing

SBI, Allahabad Bank cut base lending rates after RBI cuts repo rate

02 Jun 2015

Rajan relents, cuts repo rate by 0.25 percentage points

Rajan relents, cuts repo rate by 0.25 percentage points

02 Jun 2015

The rate cut aims to correct the low domestic capacity utilisation, subdued investment and credit growth amidst low inflation and the willingness of banks to incorporate some of the past rate cuts into their lending rates

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