Reports for : 2008 - 2007 | 2006 - 1999

Banks general
Number of closed banks in US rises to 120 in 2009
07 November 2009
US government guarantees peaked $4.3 trillion: COP report
07 November 2009
SBI extends 8 per cent home loan scheme; cuts deposit rates
06 November 2009
UBS fined £8 million by UK watchdog for trading with client money
06 November 2009
Axis Bank to offer interest rates, no processing fee, instant processing at its home expos
05 November 2009
Bank of Rajasthan slashes home loan rates to 7.50 per cent
05 November 2009
Indian banks to gain from pain of higher provisioning coverage": S&P
05 November 2009
Lloyds to raise £21 billion to escape UK government control
03 November 2009
Visa to deploy new chip, PIN technology to eliminate signatures
03 November 2009
CIT to file for bankruptcy; continue lending operations
03 November 2009
RBI governor seeks legal support for financial sector reforms
02 November 2009
Home loan rates to harden as banks feel crunch
02 November 2009
SBI reports 10.18 per cent rise in Q2 profit
31 October 2009
Bank of India Q2 profit down 57 per cent at Rs323 crore
31 October 2009
ICICI Bank posts unexpected gains
30 October 2009
PNB to buy majority stake in Kazakh’s Dana Bank
30 October 2009
CIT raises $4.5 billion more in secured credit, rejects Icahn offer
29 October 2009
RBI asks banks to weed out `rogue' accounts
29 October 2009
RBI panel recommends freedom for rural, semi-urban bank expansion
28 October 2009
Bank of Baroda Q2 net jumps 60 per cent to Rs634.18 crore
28 October 2009
Sumitomo Trust, Chuo Mitsui in merger talks: report
27 October 2009
RBI keeps key rates unchanged; hikes banks' liquidity reserve ratio
27 October 2009
Barclays acquires Standard Life Bank for £226 million
27 October 2009
ING to separate banking and insurance operations; to pay back taxpayers’ money
26 October 2009
US bank failures touch 106; highest since 1992
24 October 2009
Commercial banks' business slowed in 2008-09
23 October 2009
ANZ to roll out new logo with $15 million spend
23 October 2009
Stop gouging small borrowers, RBI tells banks
23 October 2009
Bank credit growth rate falls to 13.9 per cent in June 2009
22 October 2009
Bank of America to sell First Republic Bank for $1 billion
22 October 2009
US banks: back to profits... and bonuses
21 October 2009
BoE governor hits out at banks failure to reform
21 October 2009
Qatar sovereign wealth fund sells half of Barclays stake
20 October 2009
RBI panel suggests new base lending rate system for banks
20 October 2009
Carl Icahn may help finance CIT restructuring
20 October 2009
Swiss may be more forthcoming on Indian slush fund details
20 October 2009
CIT revises restructuring plan
19 October 2009
UK call centre practices could put credit card data at risk
16 October 2009
Lloyds to sell HBOS portfolio management unit to Rathbone
16 October 2009
Singapore's OCBC to acquire ING Asia private bank for $1.5 billion
15 October 2009
French bank to repay €3-billion government aid
15 October 2009
Switzerland to tax wealth stashed away by Indians
14 October 2009
Pay czar Feinberg asks AIG to withhold bonus payments
14 October 2009
Jeffrey Peek to step down as CEO of CIT
13 October 2009
StanChart gets RBI nod for listing; but ‘no plans yet’
12 October 2009
Fresh caps on third-party use of ATMs
12 October 2009
UAE’s Aabar acquires Banco Santander stake in Brazil
12 October 2009
Lloyds mulls £11-billion rights issue
12 October 2009
Dhanalakshmi Bank has appointed Ogilvy & Mather as its agency on record.
10 October 2009
ICICI Bank cuts auto loan rates by 50 bps to 10.75 per cent
09 October 2009
HSBC re-enters negotiations to acquire Asian assets of RBS and ING: report
08 October 2009
RBS denies $2-billion outsourcing reports
08 October 2009
Citigroup to divest energy-trading unit Phibro: reports
07 October 2009
Asia to emerge focal point of global economy: HSBC chairman
07 October 2009
Royal Bank of Scotland to outsource projects worth $2 billion to India
07 October 2009
Julius Baer to acquire ING Swiss private bank for $505 million
07 October 2009
RBI widens priority sector lending window of rural banks
06 October 2009
Societe Generale to raise $7.1 billion to repay state bailout
06 October 2009
Bank guarantee on service imports raised to $500,000
06 October 2009
SBI cuts deposit rates by 0.25 bps
01 October 2009
DCB to offer home loans below 8 per cent
01 October 2009
Bank of America to sell unit to Ameriprise for $1 billion
01 October 2009
Government launches interest subsidy scheme for housing loans
30 September 2009
IMF lowers global loss estimates due to financial crisis to $3.4 trillion
30 September 2009
IDBI cuts home, car loan rates; ups interest on term deposits
30 September 2009
Credit Suisse chief boasts stability to attract rich clients
29 September 2009
NCR secures India’s largest order for ATMs from State Bank of India
29 September 2009
Switzerland exits `tax haven' list
29 September 2009
BNP Paribas to raise $6.27 billion to repay state loan
29 September 2009
BoA refutes SEC claims on Merrill bonus issue
26 September 2009
EU may ask Lloyds, RBS to reduce branch network: report
26 September 2009
Switzerland removed from OECD tax haven list
26 September 2009
HSBC relocates CEO's office to Hong Kong
25 September 2009
RBI asks banks to stop charging interest on bad debt
25 September 2009
Australian government under pressure to withdraw bank guarantees
25 September 2009
Citigroup to scale down retail operations in US
24 September 2009
EU moots new financial norms to check cross-border regulators
24 September 2009
Banking watchdog revises codes to drive greater transparency in transactions
23 September 2009
RBI offers Rs60,000 crore at special repo
22 September 2009
Tighter credit norms see bank capital adequacy ratio increase to 13.98 per cent
22 September 2009
Bank of America to pay back federal aid
22 September 2009
World bank to lend Rs15,000 crore for PSU banks: report
22 September 2009
Switzerland braces for flood of appeals from UBS American clients
22 September 2009
Banco Santander’s Brazilian unit to raise $7.3 billion through share sale
22 September 2009
BIS sounds note of caution on market rebound
22 September 2009
Bank of Maharashtra cuts home loan rates to 8 per cent
19 September 2009
US Fed moves to cap bankers compensation, bonus
19 September 2009
RBI hikes penalty for breach of CRR, SLR norms by banks
18 September 2009
Punjab National Bank may buy stake in Kazakh Metrokombank
18 September 2009
Banks in emerging markets alive to business risks from climate change
18 September 2009
Axis bank raises Rs3464 crore through QIP, GDRs
18 September 2009
SBI to ramp up overseas business; plans $1 billion acquisitions
18 September 2009
RBI tells banks to tighten anti-fraud measures
17 September 2009
US toxic assets finds first buyer
17 September 2009
NCR introduces India’s first ‘no envelope’ multi-function ATM
16 September 2009
Citigroup mulls cutting government stake
16 September 2009
RBI to keep rates till full economic recovery: Subbarao
16 September 2009
RBI allows diplomatic missions to credit visa fees in rupee
15 September 2009
RBI takes hotels out of banks' real estate exposure to facilitate lending
15 September 2009
Accept cash in any denomination: RBI
15 September 2009
RBS to sell Williams & Glyn's to quell EU competition concerns
14 September 2009
Russia's Sberbank to open branch in Delhi
14 September 2009
Dena Bank cuts home loan rates in 'festive offer'
12 September 2009
RBI asks banks to keep client records for 10 years
12 September 2009
Goldman chief backs calls for shift in bankers’ bonus policy
10 September 2009
RBI revises guidelines on banks' commercial real estate exposure
09 September 2009
Relaunch of interest rate futures to benefit primary dealers
09 September 2009
Statutory liquidity ratio of 25 per cent for banks mandatory: RBI
08 September 2009
SBI sees 30-35 per cent rise in Q2 profit
08 September 2009
Interest rates can only go up, say bankers
08 September 2009
RBI allows banks to raise Tier II capital via issue of unsecured bonds
07 September 2009
PNB to foray into investment services and factoring through new subsidiaries
07 September 2009
Asian banks perform better than expected in H109: Fitch
07 September 2009
HSBC scouts for ING’s Asian assets: report
07 September 2009
SBI cuts interest rate on 1,000-day deposits by 25 bps
05 September 2009
SBI unveils agri loan package to help drought hit farmers
04 September 2009
BNY Mellon signs definitive agreement to acquire Pinnacle Arbitrage Compliance
03 September 2009
Indian banks give up margins to aid corporates, says Nair
02 September 2009
US Fed makes $14 billion from bailouts: report
01 September 2009
Brown seeks global action on bankers' bonuses
01 September 2009
Iceland to repay Icesave’s £3.5 billion debt to UK and Netherlands
29 August 2009
After the US, now France breaches Swiss banking secrecy
28 August 2009
Credit flow to small units to double in 5 years: PM
28 August 2009
FDIC puts 416 US financial institutions on ‘troubled banks’ list
28 August 2009
Swiss authorities rule out fishing expeditions to net black funds
25 August 2009
RBI panel suggests role for private banks in improving access to credit
25 August 2009
RBI asks banks to ensure collateral-free loans of up to Rs5 lakh to tiny units
25 August 2009
Close Brothers in the race for Commerzbank arm
25 August 2009
Reserve Bank to limit free use of third party ATMs
22 August 2009
Swiss government sells 9-per cent stake in UBS for $6.8 billion
21 August 2009
US breaches Switzerland’s banking citadel; UBS to reveal 4,450 names
20 August 2009
RBI panel suggests appointment of business correspondents to boost banks' rural lending
19 August 2009
China sheds weight in US Treasury holdings
19 August 2009
Narayana Murthy likely to head National Payment Corporation: report
19 August 2009
Centre to recapitalise RRBs to boost rural credit availability
19 August 2009
Swedbank to raise $2.1 billion through rights issue as Baltic loans surge
18 August 2009
NAB acquires Challenger’s mortgage management business
18 August 2009
Nationalised banks take the largest chunk of credit disbursement
17 August 2009
Commonwealth Bank eyes acquisitions in India, Indonesia
17 August 2009
Nigeria injects $2.6 billion into five failed banks, sacks CEOs
17 August 2009
BB&T assumes charge of Colonial Bank; toll touches 77
17 August 2009
HSBC to step up home loan activity in India
14 August 2009
RBI had warned banks of fake Rs1,000 notes in May
14 August 2009
CIT plans rights issue to preserve tax benefits
14 August 2009
UK ministers at loggerheads with FSA over bankers' bonuses
14 August 2009
IndusInd Bank raises $100 million through QIP route
13 August 2009
ING back in the black; expects market turbulence to continue
13 August 2009
US resolves tax lawsuit with UBS
13 August 2009
Lloyds to spin off Insight for £235 million to Bank of New York Mellon
12 August 2009
NCR, Diebold India unveil ATMs for visually challenged
12 August 2009
RBI committee spells measures to tackle fake currency
12 August 2009
Top Indian banks post 55.2 per cent rise in Q1 profits
11 August 2009
UK credit market shows signs of revival, says industry body
11 August 2009
Government to issue short-term instrument to meet cash shortfall
11 August 2009
RBS sells Pakistan operations to MCB Bank
11 August 2009
IMF asks Australia to ramp up stress tests on banks
11 August 2009
SBI to enter general insurance by March
10 August 2009
SBI cuts home loan rates yet again
08 August 2009
IDBI cuts rates on deposits, car loans
08 August 2009
Royal Bank of Scotland posts first-half loss, sees no early upturn
08 August 2009
Regulators close 3 more banks in US; 2009 tally climbs to 72
08 August 2009
European banks agree to cap gold sales at 400 tonnes
08 August 2009
Hyundai joins hands with IndusInd Bank for car loans
07 August 2009
ATMs run dry as bank stir continues
07 August 2009
BoE pumps in extra £50 billion for asset purchases
07 August 2009
Strike cripples bank operations, but ATMs ‘flush with money’
06 August 2009
Shailendra Bhandari is new chief of ING Vysya Bank
06 August 2009
UK banks withold lending despite claims to the contrary
06 August 2009
Obama administration considers splitting Fannie Mae, Freddie Mac
06 August 2009
Canara Bank cuts vehicle, home loan rates
05 August 2009
Standard Chartered to raise $1.6 billion through share sale
05 August 2009
Bank staff plan nationwide strike on 6-7 August
04 August 2009
Corporation bank to raise Rs650 crore through bonds
04 August 2009
ANZ acquires RBS’s Asian assets for $550 million
04 August 2009
US, Switzerland settle UBS tax row out of court
03 August 2009
Barclays posts impressive £2.98 billion profit
03 August 2009
NAB to acquire Goldman Sachs’ Aussie wealth management unit
03 August 2009
ANZ plans returning to India by acquiring RBS assets: reports
03 August 2009
Bank of India cuts deposit rates by 25 to 50 bps
01 August 2009
China economic growth accelerates as manufacturing expands
01 August 2009
Five more US banks go belly up; 2009 tally at 69
01 August 2009
No official estimate of fake currency in circulation: RBI
01 August 2009
Switzerland and US reach tentative settlement in UBS tax fraud case
01 August 2009
Interest on savings account to be calculated on a daily basis from next fiscal
31 July 2009
US banks paid $ 32.6 billion in bonuses: Andrew Cuomo
31 July 2009
Citigroup to sell Nikko Asset to Sumitomo Trust for $1.26 billion
30 July 2009
Senate to probe Goldman Sachs, Deutsche: report
30 July 2009
SBI Group Q1 net profit zooms 68 per cent to Rs2,759 crore
30 July 2009
US government to acquire 34-per cent stake in Citigroup
30 July 2009
Deutsche Bank’s Q2 profits surge 67 per cent
29 July 2009
Citi to keep expanding in Asia; BankAm to cut branch network: report
28 July 2009
RBI leaves key rates unchanged; focus still on price stability
28 July 2009
FM sees strong growth potential for Indian banks
27 July 2009
SBI cuts domestic term deposit rates by 25-50 basis points
25 July 2009
American Express posts 2Q profit slumps 48 per cent
24 July 2009
Banks: That's where the money (still) is
24 July 2009
Out of cash? Time to go ‘shopping’!
23 July 2009
HDFC to raise Rs4,000 crore through QIP
23 July 2009
OBC on expansion, recruitment drive
23 July 2009
Morgan Stanley reports $1.2 billion Q2 loss
22 July 2009
RBI allows foreign firms to issue Indian depository receipts
22 July 2009
Oriental Bank’s first-quarter profit up 17 per cent
22 July 2009
Bank credit growth slows to 19 per cent in January-March 2009: RBI
21 July 2009
SBI may raise bad loans provision after RBI directive
20 July 2009
HDFC Bank cuts benchmark prime lending rate by 25 basis points to 15. 75 per cent
20 July 2009
RBI makes banks liable to pay compensation for failed ATM transactions
18 July 2009
Citigroup reports $4.3 billion Q2 profit
17 July 2009
JP Morgan reports $2.7 billion Q2 net income on record revenue of $27.7 billion
16 July 2009
Sustainable uptrend unlikely until credit spreads narrow: CRISIL Equities
16 July 2009
Karnataka Bank chief seeks parity on interest subvension loans
15 July 2009
Goldman Sachs's Q2 net surges 65 per cent to $3.44 billion
15 July 2009
HDFC net rises to Rs30.53 crore in Q1
15 July 2009
Goldman executives sold stock, boosted bonuses alongside bailout: report
14 July 2009
Interest rates to inch up soon, says SBI chief Bhatt
14 July 2009
SBI announces largest branch-ATM expansion
13 July 2009
US delays UBS trial; eyes tax deal with Switzerland
13 July 2009
Experts seek strong backing for FDIC as bank failure toll touches 53
13 July 2009
Tax row may damage UBS's reputation, say experts
11 July 2009
ANZ Bank raises $2.2 billion through share purchase to support growth
09 July 2009
Switzerland to defy US; threatens to seize UBS client data
09 July 2009
RBI revises draft guidelines on banks' commercial real estate exposure
08 July 2009
Bank of Maharashtra seeks to raise Rs500 crore per year
08 July 2009
Deutsche Post exits from Deutsche Bank
07 July 2009
China’s first cross-border yuan settlement done by Bank of China
06 July 2009
Government tells SBI to go slow on mergers
04 July 2009
Slap-happy MP forced to apologise for ‘assaulting bank manager
03 July 2009
European Central Bank likely to leave euro zone rate at 1 per cent
02 July 2009
Citi introduces mobile payments in India through Nokia's N6212 on Vodafone network
01 July 2009
SBI further sweetens 8 per cent home loan offer
01 July 2009
Five more banks failed in the US; tally rose to 45
30 June 2009
SBI sees revival in home loan demand with low-interest schemes
29 June 2009
OBC plans 113 new branches in smaller cities
27 June 2009
Japan suspends Citibank's retail operations for a month
26 June 2009
UBS to raise $3.5 billion in capital through share sale
26 June 2009
SBI plans to grow presence in US, UK, UAE
26 June 2009
IDBI Bank cuts lending rate to 12.75 per cent
26 June 2009
US durable goods orders rise in May; Fed keeps rates unchanged
25 June 2009
SBI cuts benchmark prime lending rate by 50 bps to 11.75 per cent
24 June 2009
Union Bank of India raises Rs500 crore via tier II bonds
24 June 2009
Bank of India cuts deposit rates by 0.25-0.5 per cent
24 June 2009
Exim India to get $60 million line of credit from IFC, BTMU
22 June 2009
HUDCO cuts lending rates by up to 125 basis points
22 June 2009
Three more US banks fail; year's tally reaches 40
22 June 2009
State Bank of Indore to merge with SBI; workers plan stir
20 June 2009
PSU banks unlikely to go for higher rate cuts
19 June 2009
India must do more to prevent money laundering: KPMG
19 June 2009
Banks’ wage talks with unions stalled by government fiat
19 June 2009
HDFC, HDFC Bank join rate-cutting spree
19 June 2009
US Senate panel opposes giving more teeth to Federal Reserve
19 June 2009
US reform raises China's hope of its investment security
18 June 2009
SBI to acquire two small subsidiaries: report
18 June 2009
Federal Bank, Catholic Syrian closer to merger
17 June 2009
Barclays India lets 121 employees go
16 June 2009
Allahabad Bank may raise Rs1000 crore; delists from CSE
16 June 2009
Axis closes Rs2,000-crore bond ahead of scheduled date
16 June 2009
Obama to unveil financial reforms plan tomorrow
16 June 2009
Sumitomo Mitsui to launch Japan’s largest share issue of $9.4 billion
15 June 2009
RBI governor holds briefing meeting with PM
13 June 2009
China's new yuan-denominated loans reach $97.29 billion in May
13 June 2009
Banks need not seek permission for off-site ATMs: RBI
12 June 2009
BlackRock to acquire Barclays Global Investors for $13.5 billion
12 June 2009
RBI panel to review banks' loan pricing system
11 June 2009
SBI seeks to take over six associate banks
10 June 2009
Lower lending rates to spur economic activity: FM tells banks
10 June 2009
10 US banks allowed to repay $68 billion TARP funds
10 June 2009
SBI floats joint venture PE fund in Oman; plans to boost employee base
09 June 2009
US government to name banks that can repay TARP money
09 June 2009
Ex HBOS chief Andy Hornby, appointed chief executive of Alliance Boots
09 June 2009
China Construction Bank enters US market with its first branch
08 June 2009
Barclays in talks with BlackRock to sell BGI for approximately $13 billion
08 June 2009
Public sector banks woo customers with ‘balance transfer’ on home loans
08 June 2009
SBI to double branch network in Singapore
06 June 2009
Bank of Lincolnwood, the latest in US bank failures
06 June 2009
US regulator may ask Citi's Vikram Pandit to go
05 June 2009
BoB ropes in IOB, Andhra Bank for Malaysia JV
04 June 2009
RBI asks co-op banks to get independent valuations of high-value property
04 June 2009
ICICI bank cuts FRR, I-BAR by 0.5 per cent
04 June 2009
RBI orders same-day clearance of local cheques
03 June 2009
Barclays introduces mobile inter-bank fund transfer facility
02 June 2009
Axis Bank to raise Rs3,000 crore through debt issue
02 June 2009
Abu Dhabi investor to sell Barclay’s stake with windfall profits
02 June 2009
SBI hikes stake in Nepal joint venture to 55 per cent
01 June 2009
Russian banks will require $40 billion extra capital: Moody's
01 June 2009
UK banks restructure Tata Steel UK debt
30 May 2009
RBI bars banks from issuing guarantees against corporate bonds
30 May 2009
Interest rates may be cut soon, says SBI chief Bhatt
30 May 2009
13 Indian banks face downgrade by Moody’s
30 May 2009
Santander rebranding UK banks to save £180 million a year
28 May 2009
FDIC institutions’ Q1 net declines 61 per cent to $7.6 billion
28 May 2009
ANZ’s readies to acquire RBS’s Asian assets with A$2.5-billion fund raising
28 May 2009
Pranab to press banks to lower lending rates
27 May 2009
Rupee surges 41 paise against dollar in opening trade
27 May 2009
India's external financial liabilities up $14.6 billion at $80.1 billion in Q4 2008
26 May 2009
PNB ties up with MoneyGram for global cash transfers
26 May 2009
Westpac duo’s days are numbered, say authorities
26 May 2009
Japan lines up $3-billion loan package for small overseas Japanese firms
26 May 2009
Loan sharks makes a comeback in recession-hit UK
26 May 2009
Lloyds plans to sell stake in about 60 companies
25 May 2009
Recession claims two more US banks from Illinois
25 May 2009
IRDA eases norms for bank tie-ups with insurers
23 May 2009
NZ couple scoots with over $2 million after bank blunder
23 May 2009
Government notifies auction of Rs15,000 crore bonds
22 May 2009
Heavy government borrowing harms low-interest regime: RBI governor
22 May 2009
Rupee extends gains; hits a high of 46.98 a dollar
22 May 2009
Australian banks slammed for exorbitant penalties
22 May 2009
Chinese banks face increased risks of bad loans
22 May 2009
FDIC bails out one more bank to take tally to 34 this year
22 May 2009
Travellers find plastic safer than cash: Visa survey
21 May 2009
Rupee closes at 47.37 against the dollar as inflow hopes brighten
21 May 2009
Commonwealth Bank issues mail fraud alert
21 May 2009
Bank of America chief predicts slow recovery and growth ahead
21 May 2009
Obama's pledge to curb sharp credit card practices gets bill moving in US Congress
21 May 2009
US Senate passes new credit card bill
21 May 2009
PNB to sell 26 per cent in housing finance arm to US firm
20 May 2009
Bank of America raises $13.47 billion per stress test stipulations
20 May 2009
SBI eyes merger of associate banks; restates results
19 May 2009
Subbarao ‘surprised’ at intra-bank transfer charges
19 May 2009
Rupee at a 5-month high of 47.88/89 vs dollar
18 May 2009
Richard Branson plans to start Internet banking
18 May 2009
Barclays mulls sale of asset management unit for $12 billion
18 May 2009
RBI allows 33 per cent FII investment in Kotak Mahindra Bank
15 May 2009
CIBIL to start rating personal loan customers
15 May 2009
RBI unveils draft guidelines on G-Sec STRIPS
15 May 2009
South Africa's First Rand gets banking licence in India: Report
13 May 2009
SBI slashes deposit rates by 50 basis points
13 May 2009
BankAm sells China Construction Bank stake to raise $34 billion
12 May 2009
Countrywide, Citi, HSBC, AIG among top subprime lenders: study
11 May 2009
HSBC reports 'encouraging' 1Q results
11 May 2009
Westsound takes number of failed US banks in 2008 to 33
09 May 2009
SBI Q4 net jumps 46 per cent to Rs2,742 crore
09 May 2009
Fannie Mae loses $23 billion in Q1, seeks $19 billion Treasury aid
09 May 2009
SBI to raise Rs20,000 crore; may cut rates
09 May 2009
UCO Bank posts 19 per cent Q4 profit growth
09 May 2009
Indian banks can tackle asset bubble burst: Dr YV Reddy
09 May 2009
RBI allows banks to make ACU interest payments in euro
08 May 2009
RBS reports £857-million 1Q loss, after adjusting £4.9-billion bad debts
08 May 2009
Australia’s big four banks cut back returns bad as loans losses mount
08 May 2009
US banks told to raise $75 billion in capital by November
08 May 2009
RBS chucks out last of old guard
07 May 2009
Stress test shows BankAm may need $34 billion to stabilise operations
07 May 2009
White House acts and retracts on Netherlands as a tax haven
06 May 2009
Buffet blasts government ‘stress tests’ on US banks
06 May 2009
Australia leaves interest rates untouched at 3 per cent
06 May 2009
Ensure credit to micro and small units, RBI tells banks
05 May 2009
Government borrows Rs28,000 crore from RBI
05 May 2009
ANZ CEO quits in surprise move
05 May 2009
RBI issues guidelines on pre-paid payment instruments
04 May 2009
World Bank lending $400 million more for SIDBI project
02 May 2009
SBI to cut deposit rates by 25 basis points from 4 May
02 May 2009
Citigroup may require $10 billion more in new capital: report
02 May 2009
HK banks urged to take precautions against flu
02 May 2009
ATM management outsourcing: a viable option for struggling US banks
30 April 2009
Oriental Bank plans expansion in UK, Hong Kong
30 April 2009
Citibank cuts prime lending rate by 25 basis points to 14.75 per cent
29 April 2009
French bank Societe Generale's chairman resigns
29 April 2009
Canara Bank's Q4 net surges 54 per cent to Rs719 crore
29 April 2009
Kashkari to quit as head of US bank rescue programme: report
29 April 2009
HDFC Bank bags Asian Banker award
29 April 2009
UK banks to be fined for poor service
28 April 2009
Citi, Bank of America told to boost capital: report
28 April 2009
RBI liberalises overseas debt norms for corporates
28 April 2009
RBI extends interest rate ceiling on export credit till end-October
28 April 2009
Oriental Bank reports Rs196 profit in Q4 2008-09
27 April 2009
RBI to issue guidelines for prepaid vouchers
27 April 2009
Interest on NRI deposits to be calculated on daily basis from April '10
25 April 2009
ICICI Bank net dips over 9.5 per cent to Rs3,758 crore in 2008-09
25 April 2009
Clean up banking system, for global recovery says IMF managing director
24 April 2009
Obama again summons credit-card company chiefs
24 April 2009
Dutch government backs Fortis sale to BNP Paribas ahead of vote
24 April 2009
Yunus's Grameen Bank lends over $1.5 million to New York's poor
23 April 2009
PNB sees scope for 50-100 bps cut in interest rates
23 April 2009
Nomura seen losing over $7 billion in 2008-09
23 April 2009
RBI eases norms for setting up ATMs
23 April 2009
RBI bars UCBs from paying past dividends
22 April 2009
Bank write-downs to touch $4.1 trillion, says IMF
22 April 2009
Obama administration to crack down on credit card companies
22 April 2009
Suspected crimes in bailout plan add to US Treasury Department’s woes
21 April 2009
Quick response by banks key to success of RBI action
21 April 2009
RBI to ensure quality and availability of credit
21 April 2009
GDP to grow at 6 per cent, money supply to rise 17 per cent in 2009-10
21 April 2009
RBI cuts short-term rates; keeps Bank Rate, CRR unchanged
21 April 2009
Bank of America reports encouraging Q1 results
20 April 2009
World Bank report sees risks of fraud in IDA lending programme
20 April 2009
UBS exits Banco Panctual in bid to strengthen bottom line
20 April 2009
Two more US banks fail; year's tally reaches 25
18 April 2009
Australia' Commonwealth Bank cuts executive salaries, freezes pay rise
18 April 2009
Citigroup reports $1.6 billion profit, $25 billion revenue in Q1
17 April 2009
HSBC recasts India top brass; Kidwai named group head
17 April 2009
SBI confident of outperforming other banks
16 April 2009
JPMorgan Chase reports profit in first quarter
16 April 2009
Bank of India cuts interest rates on term deposits
16 April 2009
UBS to axe 8,700 jobs amid expected $1.7-billion Q1 loss
15 April 2009
Goldman sells $5 billion stock to repay bailout loan
14 April 2009
SBI extends cheap loan scheme till 30 September
14 April 2009
Yes Bank ranked by Businessweek amongst World’s 25 Unsung Innovative Companies
14 April 2009
HSBC mulls sale of London, NY, Paris HQs for £2.7 billion
14 April 2009
China’s ICBC emerges as world's biggest bank
14 April 2009
Pakistan’s top two banks compete for RBS’s local assets
14 April 2009
UK banks under regulatory scanner
14 April 2009
Barclays considering offers for asset management arm
14 April 2009
Switzerland put on OECD 'grey list', plans to hit back
13 April 2009
First Niagara declares healthy Q1 results, plans stock offering to repay TARP funds
13 April 2009
Goldman Sachs launches $5.5 billion private equity fund
13 April 2009
Goldman Sachs plans rights issue to repay $10-billion Treasury loan
13 April 2009
SBI slashes lending rates for SMEs to 8-10 per cent
11 April 2009
Two more US banks shut down, bringing 2009 total to 23
11 April 2009
DBS chief executive Richard Stanley dies of cancer
11 April 2009
Fed asks banks to keep mum on stress test results
11 April 2009
Banks cut exposure to liquid instruments
11 April 2009
RBI lays down guidelines for restructured loans
11 April 2009
SBI, IDBI cut interest rates
11 April 2009
State Bank of India cuts deposit rates by 25-50 bps
09 April 2009
Rising cash at banks may ignite demand for bonds
09 April 2009
Standard Chartered in race to buy RBS’ India operations
09 April 2009
Banks may cut deposit rates to boost lending: IBA chief
08 April 2009
Rudd asks banks to take cue from RBA rate cut
08 April 2009
PNC Financial sells 57 branches to First Niagara
08 April 2009
RBI pays over Rs135 crore to depositors of 19 failed co-op banks
07 April 2009
RBS to shed 9,000 jobs as part of restructuring process
07 April 2009
SBI, associate banks show drop in credit growth
07 April 2009
Banks not passing on rate cuts to borrowers: RBI
07 April 2009
Fed teams up with BoE, others in currency swap for US firms
07 April 2009
More management changes at Citigroup
06 April 2009
Japan’s top 3 banks to report losses for first time
04 April 2009
Loan defaults force half of N India’s NFBCs to close
04 April 2009
RBS shareholders reject executives’ payout at AGM
04 April 2009
UBS completes $38.7 billion transfer of toxic assets to state fund
03 April 2009
MasterCard temporarily cuts cross-border transaction fees under EU pressure; Visa under the scanner
01 April 2009
Banks unite to cut term deposit rates
01 April 2009
Belgian finance giant Fortis declares $37-billion loss, urges merger with BNP Paribas
31 March 2009
Barclays in talks to sell iShares asset management unit for $4.3.billion
31 March 2009
Allahabad Bank ties up with UAE Exchange for money transfer services
31 March 2009
RBI calls for fiscal prudence
31 March 2009
Surcharge on use of ATM network goes
30 March 2009
RBI conducts Rs55,220 crore `special repo'; announces Rs12,000 crore bond sale
30 March 2009
Government to re-structure paid-up capital of United Bank of India
30 March 2009
SBI chief Bhatt hints at rate cuts
30 March 2009
Oriental Bank, 3 other public sector banks cut prime lending rates
28 March 2009
Swiss banks bar executives from travelling abroad: report
28 March 2009
Obama urges bankers to ‘help get economy back on track’
28 March 2009
RBI chief Subbarao contacts banks on lending rates
27 March 2009
Government plans Rs1,200-crore capital infusion in Vijaya Bank
26 March 2009
World’s No.1 bank by market cap, ICBC, rallies on Goldman Sachs pledge to remain invested
26 March 2009
France looking to ban bonuses at bailout banks
26 March 2009
RBI asks banks to ease lending rates
26 March 2009
Panel submits report on India's financial sector
26 March 2009
British PM demands honesty from bankers
26 March 2009
Bernanke, Geithner ask House for more powers
25 March 2009
Goldman to repay $10-billion of taxpayers money
25 March 2009
US Treasury unveils ‘White Paper’ on buying toxic assets
24 March 2009
Washington Mutual Inc sues US bank regulator for over $13 billion
23 March 2009
Japan’s No.1 bank Mitsubishi UFJ to cut down on branches, employees
23 March 2009
US unveils plan to buy toxic assets
23 March 2009
Axis Bank to buy high-tech ATMs
20 March 2009
Citigroup to seek shareholder approval on share boost, reverse split
19 March 2009
Fed to buy $300 billion debt; keeps rates unchanged
19 March 2009
LIC signs bankassurance deal with Punjab National Bank
18 March 2009
UK to curb irresponsible lending on credit cards
18 March 2009
RBI gives companies 9 more months to buy back FCCBs
17 March 2009
Bank Muscat to sell its entire stake in HDFC Bank
17 March 2009
Citi board nominates four new independent directors
16 March 2009
Recession likely to end this year: Bernanke
16 March 2009
Under fire, ANZ denies shifting 500 jobs to India
16 March 2009
Citigroup to induct 4 ‘professional’ directors in board shake-up
14 March 2009
ANZ Bank to shift 500 back-office jobs to India by year-end
13 March 2009
Switzerland, other tax havens agree to ease banking secrecy rules
13 March 2009
US tax-fraud settlement adds $1.2 billion more to UBS losses for 2008
12 March 2009
Central Bank joins rate war; offers home loans up to Rs20 lakh at 8 per cent
12 March 2009
Bernanke says world’s financial crisis is worst since the 1930s
12 March 2009
BNP Paribas plans to give up Fortis brand
12 March 2009
Kodak, MGM Mirage, Lear feature in Moody’s list of likely defaulters
12 March 2009
US to invite private investors to buy troubled assets
12 March 2009
New Fortis deal will have ‘stable’ impact: BNP Paribas
10 March 2009
Lloyds recoups losses on first day after government bailout
10 March 2009
New rights issue batters HSBC stock
09 March 2009
Heads of top US, UK, Japanese banks to meet in London
07 March 2009
UK government may raise Lloyds stake to 77 per cent
07 March 2009
Wells Fargo cuts dividend by 85 per cent; sees additional savings of $2 billion in 2009
06 March 2009
ICICI Bank cuts new home loan rates by 25-50 bps
06 March 2009
Citi’s stock plunges below the cost of a tissue roll
06 March 2009
HSBC Australia books 42-per cent rise in profits
06 March 2009
Conman ‘Lord’ Rodley, accomplices jailed for bank heist bid
06 March 2009
BoE cuts rate to 0.5 per cent, Eurozone pegs it at 1.5 per cent
05 March 2009
RBI cuts repo, reverse repo rates by 50 bps
04 March 2009
Eastern focus pays off as StanChart posts profit
04 March 2009
Indian financial system resilient: RBI
04 March 2009
Bailouts to continue: Bernanke
04 March 2009
American bank offers to return bailout money
04 March 2009
IDBI Bank cuts home loan, deposit rates
03 March 2009
Few takers for ‘cheap’ home loans
03 March 2009
HSBC net drops 70 per cent; to cut 6,100 jobs in US
02 March 2009
Rupee hits a record low at 51.81 to a dollar
02 March 2009
HSBC to raise $20 billion through rights issue
28 February 2009
Wells Fargo suspends bonuses for top executives
28 February 2009
Rupee hits an all-time low at 50.65/67 a dollar
27 February 2009
Swiss government to defend banking secrecy
26 February 2009
RBS splits assets after record $34 billion net loss
26 February 2009
Bernanke firm against bank nationalisation
26 February 2009
EU moots nationalisation to exit toxic bank assets
26 February 2009
UBS Japan places $30.9 billion bond order by mistake
25 February 2009
AmEx lures card-holders with $300 to give up their cards
25 February 2009
Bernanke draws grim picture of economy
25 February 2009
S&P downgrades 12 banks, NTPC, IOC, NHPC
24 February 2009
LIC hikes stakes in ICICI Bank, IOB
24 February 2009
HDFC hikes rate for loan pre-payment
24 February 2009
Rate cuts expected after Pranab-Subbarao meet
23 February 2009
Citigroup in talks for more government aid
23 February 2009
Economy will recover, says ANZ
23 February 2009
Silver Falls Bank becomes 14th American bank to fail in 2009
23 February 2009
RBI stir hits transactions worth Rs5,000,000 crore, bonds trading
21 February 2009
Banks worldwide lose $5.5 trillion in value
20 February 2009
US justice dept hauls UBS to court to force disclosures
20 February 2009
Major banks support Obama’s foreclosure plan
20 February 2009
Ahluwalia hints at CRR, interest cuts
20 February 2009
Five LatAm countries crack down on Stanford
19 February 2009
Interest rate cut anticipated after drop in inflation
19 February 2009
Volkswagen Bank receives German government guarantees for 2 billion euros
19 February 2009
Strike by RBI employees to hit clearance of cheques
19 February 2009
Bank of Japan maintains interest rate, introduces new credit measures
19 February 2009
Obama unveils $75-billion plan to avoid home foreclosures
19 February 2009
A run on Stanford's Antiguan bank as US authorities cry fraud
18 February 2009
Bank of America pays first TARP dividend of $402 million to US government
18 February 2009
Corporation Bank sets up representative office in Hong Kong
16 February 2009
RBS splurged £200 million on celebrity endorsements
16 February 2009
Top US banks agree to temporarily suspend foreclosures
14 February 2009
Nearly 1,000 small US banks seen closing in 3-5 years
12 February 2009
RBS chief defends staff bonuses
12 February 2009
Former HBOS CEO quits as UK's FSA chief
12 February 2009
Credit Suisse follows UBS in reporting record Q4 loss
11 February 2009
UCO, Vijaya Bank and Central Bank to get Rs Rs3,800 crore fresh capital
11 February 2009
$27-billion Q4 loss compels UBS to slash 2,200 investment-banking positions
11 February 2009
Russian banks and companies seek government intervention on foreign debt
10 February 2009
RBI to adopt macro-prudential approach to deal with recession
10 February 2009
Economic slowdown to affect Indian banks’ capital ratios: Fitch
09 February 2009
HSBC may axe 1,000 jobs in Hong Kong
09 February 2009
Retail loans may get cheaper on push from finance ministry, banks
09 February 2009
Government in talks with RBI to step up borrowing
09 February 2009
US bankers continue lavish culture on taxpayer’s money
09 February 2009
Negative growth hits one-third of 96 industrial sectors: CII survey
09 February 2009
Indian banks’ NPL ratios not to breach 5 per cent mark in near term: Fitch
09 February 2009
RBS abandons sale of insurance business
06 February 2009
China's ICBC reports rise in off-take of new loans in January
06 February 2009
RBI raises interest ceiling on exporters' forex loans
06 February 2009
TARP oversight panel finds US Treasury overpaid for assets
06 February 2009
Bank of England cuts Bank Rate by 50 bps to 1.0 per cent
05 February 2009
Australia's Macquarie Group forecasts FY09 profit to fall to $900 million
05 February 2009
Citigroup provides account of how government money is being spent
04 February 2009
Banks asked to increase lending to labour intensive sectors
02 February 2009
Banks will have to lend more to qualify for rescue money: Reports
02 February 2009
Report targets US banks’ applications for H1B visas
02 February 2009
Cash vanishes from SBI ATMs
02 February 2009
Bank stocks fall sharply on rate cuts
02 February 2009
SBI chief expects interest rates to fall further
02 February 2009
SBI freezes home loan rates at 8 per cent for one year
31 January 2009
Obama plans $2 trillion injection into US banks
30 January 2009
Industry disappointed at RBI's monetary stance
28 January 2009
Amidst economic gloom Iceland looks to uncertain future as government collapses
27 January 2009
ICICI Bank shuffles its management deck
27 January 2009
SBI on track with qurterly net profit of 37 per cent; ICICI Bank exceeds expectations with 3.7 per cent
24 January 2009
Russia’s international reserves at $396.2 billion, down 34 per cent since August
23 January 2009
Hackers try to steal £229 million from Japanes bank in London
23 January 2009
Citigroup senior management decline bonuses
21 January 2009
Tough 2009 for Asian banks as recession spreads
21 January 2009
Britain launches second financial rescue package
19 January 2009
UBS to sell commodities business to Barclays
19 January 2009
Citi to split into two after $8.29 billion fourth-quarter loss
16 January 2009
Irish government takes over Anglo Irish Bank
16 January 2009
Bank of Montreal acquires AIG's Canadian business for $375 million
14 January 2009
RBS sells Bank of China stake for £1.7 billion
14 January 2009
China's forex growth slows falters for the fist time in a decade
14 January 2009
Macquarie sells $2.5 billion bond issue in US market
14 January 2009
$700-billion not enough, says Bernanke
14 January 2009
RBI asks banks to give details of their exposure to Satyam
10 January 2009
Bank of England cuts its rate to record lows
08 January 2009
RBS to disinvest in Bank of China
08 January 2009
Iceland’s Kaupthing Bank to sue UK government
07 January 2009
Credit Suisse injects Rs794 crore in India unit
07 January 2009
UK Chancellor mulls second bail out for British banks
05 January 2009
Japanese banks to post loss in last quarter
05 January 2009
Liquidity crunch delays investment decisions of India Inc: CMIE
05 January 2009
SBI invests in Mayfair Hotels
05 January 2009
Banks drop deposit rates
03 January 2009
SBI to sell Tier II bonds to retail investors
03 January 2009
SBI likely to cut rates further
02 January 2009
Second stimulus aims at boosting spending, investment
02 January 2009
Majority of Britons opposed to the Euro
02 January 2009
Wells Fargo-Wachovia merger completed
01 January 2009


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