Banks general

Bank credit to service sector up 17.4% in December

23 Jan 2014

IDBI Bank to offer rupee export credit at all branches

23 Jan 2014

RBI to phase out currency notes issued prior to 2005 from 31 March

22 Jan 2014

NRI businessman Yusuffali buys over 2% stake in South Indian Bank

21 Jan 2014

JP Morgan, Citigroup to help govt sell Axis Bank stake; HDFC Bank awaits FIPB nod

21 Jan 2014

Cabinet panel clears Federal Bank’s proposal to increase foreign equity to 74%

21 Jan 2014

RBI sets up panel to review governance of banks in India

20 Jan 2014

HSBC suspends two FX traders, Citi sends two on leave as global probe ramps up

18 Jan 2014

Banks must sell more insurance products, insists IRDA

18 Jan 2014

RBI eases norms for merchanting trade, allows short-term loans

18 Jan 2014

RBI lifts restrictions on foreign investment in South Indian Bank

18 Jan 2014

Iran seeks more banking avenues for trade with India

17 Jan 2014

JP Morgan replaces 2 million payment cards

15 Jan 2014

Better bankruptcies for banks

Better bankruptcies for banks

11 Jan 2014

New study shows that more transparent accounting helps bidders, lowers costs when financial institutions fail. By Peter Dizikes

Bitcoin banned on Alibaba platform Taobao as China tightens rules

08 Jan 2014

RBS sells Chicago branches to US Bancorp for $315 mn

08 Jan 2014

Banks demand higher ATM fees to cover security costs

08 Jan 2014

RBI panel suggests separate banks for low income groups

RBI panel suggests separate banks for low income groups

08 Jan 2014

The committee, headed by RBI deputy governor Nachiket Mor, suggested providing universal bank accounts to all Indians above the age of 18 years.

China to allow creation of five privately financed banks

07 Jan 2014

JPMorgan may pay $2bn to resolve Madoff-related cases

06 Jan 2014

Private banks may get to sell policies of more than one insurer

02 Jan 2014

Crooks steal cash from ATM machines using infected USB drives

Crooks steal cash from ATM machines using infected USB drives

01 Jan 2014

Thieves have succeeded in stealing cash from ATMs by injecting machines with malware using USB drives

Indian banks’ NPAs to hit Rs1.5 lakh crore as assets deteriorate

01 Jan 2014

Bank credit growth decelerated in November as economy slackened: RBI

01 Jan 2014

RBI refutes reports of ban on accepting scribbled banknotes

31 Dec 2013

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