Banks general
IDFC not eligible for bank lincence
20 Dec 2013
EU officials agree landmark banking deal
20 Dec 2013
The agreement envisages setting up a €55 billion ($75 billion) fund financed by the banks over a period of 10 years, to avoid future bank bailouts using taxpayers’ money
UK banknotes to get tough new makeover from 2016
18 Dec 2013
Strike hits banking operations across the country
18 Dec 2013
The strike has affected 85,000 bank branches across the country, resulting in non-clearance of around 40 lakh cheques worth around Rs24,000 crore
RBI leaves policy rates unchanged on liquidity concerns
18 Dec 2013
While the tapering of quantitative easing by the US Fed may disrupt inflows of funds, RBI said it cannot soften its stand on inflation for obvious reasons
Governments divided on Bitcoin's status as money
16 Dec 2013
Norway has decreed Bitcoin to be an asset upon which capital gains tax could be charged, though it says the virtual currerncy did not qualify as real money
RBI sees 14.23% growth in bank credit
12 Dec 2013
RBI suggests loan rate hike for ‘willful’ defaulters
11 Dec 2013
Reserve Bank of India governor Raghuram Rajan today said the RBI is considering making borrowings more expensive for willful defaulters
Deutsche Bank downs shutters on global commodities business
06 Dec 2013
Deutsche Bank, the first major bank to exit the once lucrative commodities sector, said it would retain precious metals and a limited number of financial derivatives trades