Banks general
RBI cuts repo rate by a sharp 50 bps
17 Apr 2012
RBI today cut its repo rate by a sharp 50 basis points, bringing it down to 8 per cent, but left the CRR unchanged at 4.75 per cent, warning that the scope for further cuts was limited
Allow customers to use electronic payment: RBI
14 Apr 2012
Slowdown may affect banks' asset quality: Mukherjee
07 Apr 2012
If the GDP growth slows down further, there could be some mismatches in capital and output and this could impact credit quality of banks, Mukherjee said
Default rate at 10-year high of 3.4 per cent
03 Apr 2012
Banks approve financial restructuring plan for Air India
31 Mar 2012
The debt restructuring plan involves conversion of about Rs10,500 crore of the airline's Rs14,000 crore working capital loans to long-term debt
UK govt may sell part stake in RBS to Abu Dhabi: BBC
27 Mar 2012
The UK government holds 83-per cent stake in RBS, and at current market prices the holding is worth £13.5 billion, far below the £45.5 billion it had paid to bail out the bank in late 2008 and early 2009
HSBC in talks to sell Mauritius retail banking division
26 Mar 2012
For HSBC, Europe's biggest bank, the sale of its Mauritius retail banking arm is a continuation og its strategy to sell non-core assets to cut costs