Banks general
RBL Bank's Rs1,200-cr IPO subscribed 308%
22 Aug 2016
India Post Payments Bank incorporated
19 Aug 2016
SBI board approves merger of 3 associate banks, BMB
18 Aug 2016
The merger of all five associate banks and the newly-created Bhartiya Mahila Bank (BMB) with SBI will create a banking behemoth with combined assets of over Rs37,00,000 crore
RBI keeps policy rates unchanged
09 Aug 2016
RBI governor Raghuram Rajan, whose three-year term ends on 4 September, said he expected a spike in inflation, on the back of a hike this year in the salaries of millions of government employees and sticky core inflation
RBI issues final guidelines for ‘on tap’ licensing of private banks
01 Aug 2016
RBI said large industrial companies will only be allowed to invest up to 10 per cent in banks, and will not be eligible to set up banks
ICICI Bank Q1 net falls 25% to Rs2,232 cr
30 Jul 2016
ICICI Bank’s gross bad loans as a percentage of total loans were 5.87 per cent in the April-June quarter, compared with 5.82 per cent in the previous quarter, as pressure on asset quality continued
Bank staff strike work to protest mergers, privatisation and rising NPAs
29 Jul 2016
The bank unions are against the government's decision to allow State Bank of India to merge its associate banks with itself
Bank staff strike work to protest mergers, privatisation and rising NPAs
29 Jul 2016
The bank unions are against the government's decision to allow State Bank of India to merge its associate banks with itself
Bitcoin is not money, can’t be ‘laundered’, rules US judge
27 Jul 2016
In a case that the judge herself described as ‘fascinating’, a circuit court threw out a case built by Miami police against a bitcoin trader, ruling that the virtual currency is not money and therefore technically can’t be used for ‘money-laundering’