Banks general
ADB to increase annual lending to India to $4 bn
17 Jun 2015
Home, auto loans will come down further, says FM
13 Jun 2015
Jaitley promises more capital funds to PSU banks
12 Jun 2015
Jaitley called for systematic steps towards improvement of banks’ asset quality and, at the same time, sought a collective examination of effective solutions to de-bottleneck critical projects
Punjab National Bank signs deal with Indian Army
10 Jun 2015
HSBC to shed 50,000 jobs as it reshapes business portfolio
09 Jun 2015
HSBC, Europe's biggest lender, today unveiled plans for a major restructuring of its business portfolio and redeployment of resources aimed at saving $5 billion annually by 2017
RBI proposes ownership shift in debt restructuring
09 Jun 2015
Christened the 'Strategic debt conversion’, the new measure will automatically give lenders 51 per cent equity control in a company that fails to repay after a second restructuring of debt
RBI proposes ownership shift in debt restructuring
09 Jun 2015
Christened the 'Strategic debt conversion’, the new measure will automatically give lenders 51 per cent equity control in a company that fails to repay after a second restructuring of debt
HSBC to axe up to 20,000 jobs: report
03 Jun 2015
HSBC CEO Stuart Gullivar is expected to announce major cuts at an investor meet next week as he seeks to reassure shareholders and investors that the bank’s restructuring and drive to cut costs are continuing
Rajan relents, cuts repo rate by 0.25 percentage points
02 Jun 2015
The rate cut aims to correct the low domestic capacity utilisation, subdued investment and credit growth amidst low inflation and the willingness of banks to incorporate some of the past rate cuts into their lending rates
JP Morgan Chase to cut thousands of jobs
29 May 2015
Switzerland starts naming black money holders, two Indians in the list
26 May 2015
The Swiss Federal Tax Administration is reported to have published the names of several foreign nationals with Swiss bank accounts, including two Indian women