Banks general
Stressful time all round
27 Jul 2010
"Are Europe’s banks really okay? I think I know the answer to that - yes, they are strong and getting stronger - but the truth is, even after all the song and dance over the stress tests, who knows?" By CNN anchor / correspondent Richard Quest, in his exclusive column on domain-b
RBI surprises with 0.5% reverse repo hike
27 Jul 2010
The Reserve Bank of India (RBI) has been very cautious in its approach to the monetary policy so that growth prospects are not affected much. By Manjunath Gaddi, research analyst, Fundsupermart.com
RBI hikes short-term rates to beat down inflation
27 Jul 2010
The increase in short-term lending rate (repo) to 5.75 per cent and short-term borrowing rate (reverse repo) to 4.5 per cent will be effective immediately.
Chinese banks may write off nearly $253-bn in bad loans
27 Jul 2010
During the onset of the global recession Chinese banks went on an unprecedented lending spree despite warnings from top economists that many of these loans may go bad
Europe's banking sector clears stress tests
24 Jul 2010
All the biggest European banks passed the CEBS stress test with seven small, unlisted government-controlled banks failing in results that were broadly as anticipated by experts.
Europe's banking sector clears stress tests
24 Jul 2010
All the biggest European banks passed the CEBS stress test with seven small, unlisted government-controlled banks failing in results that were broadly as anticipated by experts.
State Bank of India raises $1 billion in overseas bonds
23 Jul 2010
The bonds will be issued through SBI's London branch as of 27 July 2010 and would be listed on the Singapore Stock Exchange
MUFG eying to buy more banks in the US
23 Jul 2010
PFC mulls acquisition to get bank status after new RBI norms
23 Jul 2010
State-owned Power Finance Corporation looking into the possibility of converting itself to a bank following RBI norms on banking licences for corporates
Indian banking on "high-growth trajectory": S&P
22 Jul 2010
Yes Bank posts 56 per cent growth in Q1 net
22 Jul 2010
UK banks charging interest up to 3,650 per cent: study
21 Jul 2010
Customers with unauthorised overdrafts are being charged average interest of 167 per cent a year and interest rates could soar as high as 3,650 per cent for some customers, says UK business secretary Vince Cable