Banks general
![BofA in tentative $12-bn deal with US regulators to resolve shoddy mortgages probe BofA in tentative $12-bn deal with US regulators to resolve shoddy mortgages probe](/finance/banks/America_bank/images/bank_of_america_logo__domain-b.gif)
BofA in tentative $12-bn deal with US regulators to resolve shoddy mortgages probe
06 Jun 2014
BofA, the second-largest bank in the US by assets, is being pressed to pay billions more than the $12 billion it is offering, which would exceed its 2013 profit of $11.43 billio
Bandhan says will serve the poor even as a bank
05 Jun 2014
![Rates unchanged; RBI eases banks’ liquidity norms marginally Rates unchanged; RBI eases banks’ liquidity norms marginally](/economy/general/images/raghuram_rajan_sm_domain-b.jpg)
Rates unchanged; RBI eases banks’ liquidity norms marginally
03 Jun 2014
RBI has reduced the statutory liquidity ratio of scheduled commercial banks by 50 bps to 22.5 per cent, which could release over Rs39,000 crore of funds locked in government bonds for banks to lend
![BNP Paribas may face $10-bn fine from US DoJ: report BNP Paribas may face $10-bn fine from US DoJ: report](/finance/banks/BNP_Paribas/images/bnpparibas_sm_domain-b.jpg)
BNP Paribas may face $10-bn fine from US DoJ: report
31 May 2014
A $10-billion fine would be over five times the biggest amount paid by a bank to settle allegations of US sanctions violations
New AP states to write off over Rs1,00,000 crore bank loans
30 May 2014
Banks in united Andhra Pradesh are stuck with loans to the tune of Rs1,37,172 crore
![Bank of England governor, IMF chief warn against unbridled capitalism Bank of England governor, IMF chief warn against unbridled capitalism](/finance/banks/images/christine_lagarde_mark_carney_sm_domain-b.jpg)
Bank of England governor, IMF chief warn against unbridled capitalism
29 May 2014
In a conference on the global economic crisis attended by world leaders, both BoE governor Carney and International Monetary Fund chief Lagarde warned against high pay packages for bankers and supporting ‘institutions too big to fail’
![Extreme monetary easing will unsettle financial markets: RBI chief Extreme monetary easing will unsettle financial markets: RBI chief](/finance/banks/RBI/images/raghuram_rajan_sm_domain-b.jpg)
Extreme monetary easing will unsettle financial markets: RBI chief
28 May 2014
When risk taking increases, without an increase in real investment or consumption, the excess liquidity that spills into foreign markets as capital flows results in stronger exchange rates in recipient countries, and a shift in demand away from them
![China pressuring banks to replace IBM servers: reports China pressuring banks to replace IBM servers: reports](/companies/companies_I/IBM/images/IBM_servers_sm_domain-b.jpg)
China pressuring banks to replace IBM servers: reports
28 May 2014
The move follows tensions between Beijing and Washington over allegations of cyber espionage by China
![EU charges 3 of world’s biggest banks with rate rigging EU charges 3 of world’s biggest banks with rate rigging](/finance/banks/hsbc/images/hsbc_headquarters_sm_domain-b.jpg)
EU charges 3 of world’s biggest banks with rate rigging
21 May 2014
US and European regulators have so far handed down some $6 billion in fines to 10 banks and brokerages for rigging the Libor and its euro cousin Euribor
![FM asks banks to get tough on willful defaulters FM asks banks to get tough on willful defaulters](/finance/banks/images/p_chidambaram_sm_domain-b.jpg)
FM asks banks to get tough on willful defaulters
14 May 2014
Finance minister P Chidambaram has asked bank managements to form a consortium and take joint action against willful defaulters
![Reduce govt stake in PSU banks to below 50%: RBI panel Reduce govt stake in PSU banks to below 50%: RBI panel](/finance/banks/images/rbi_logo_march_sm_domain-b.jpg)
Reduce govt stake in PSU banks to below 50%: RBI panel
14 May 2014
The central government is a good example of a bank shareholder that has suffered deeply negative returns over decades
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