Banks general
Public sector bank workers to strike on Thursday
19 Dec 2012
Services in public sector banks are likely to be hit on Thursday as four bank employees’ unions have threatened a strike on that day to protest against the Banking Laws (Amendment) Bill and mergers of public sector banks.
Lok Sabha passes bill to amend banking regulations
18 Dec 2012
The bill proposes to increase shareholders’ voting rights to 26 per cent from the existing 10 per cent and also paves the way for issuance of new licences and consolidation in the sector
RBI holds policy rates steady; cut likely in January
18 Dec 2012
Though the Reserve Bank has kept key policy rates unchanged despite a drop in inflation rate in November, governor Durruvi Subbarao strongly hinted at easing of rates in the next policy review on 29 January
RBI extends deadline for standardising cheques
15 Dec 2012
GMR lenders Axis Bank, IOB anxious over recovery
15 Dec 2012
UK to approve banking union in Europe
13 Dec 2012
Societe Generale to sell majority stake in Egyptian subsidiary to Qatar National Bank for $2 bn
13 Dec 2012
HSBC chief takes swipe at previous management
12 Dec 2012
HSBC nears $1.8-bn deal to settle money-laundering charges
11 Dec 2012
The settlement by Europe’s biggest bank with US prosecutors is likely to come in the form of a deferred prosecution agreement, which would allow the London-based bank to avoid a formal indictment.
RBI makes it easier to open bank accounts
11 Dec 2012
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