Banks general
HDFC rolls out special offers for festive season
20 Sep 2010
RBI ups lending rate by 25 bps, borrowing by 50 bps
16 Sep 2010
RBI has raised key interest rates more aggressively than expected in its efforts to curb galloping inflation
SBI’s no-frills outlets prove a boon for migrant labour
16 Sep 2010
A person can walk into such an outlet and open a no-frills account the shopkeeper takes a photo the person using a webcam and also his or her fingerprints with a biometric device
Global regulators tighten banking rules to avert 2008-type financial collapse
13 Sep 2010
Under the agreements reached yesterday, the minimum requirement for common equity, the highest form of loss absorbing capital, will be raised from the current 2 per cent to 4.5 per cent after the application of stricter adjustments
Banks must grow to compete globally: Pranab
08 Sep 2010
PSU bank executives deserve better remuneration: RBI governor
07 Sep 2010
"If public sector banks are required to compete with private banks on a level playing field, there is a good case for compensating them too on a competitive base."
Strike hits services at PSU banks
07 Sep 2010
Bank employees to strike work tomorrow
06 Sep 2010
Nearly a million bank employees will go on a one-day token strike on 7 September to protest a host of issues like foreign direct investment in public sector banks and entry of foreign banks amongst others
Not ‘inclusive’ banking: SBI opens 5-star branch for uber rich customers
03 Sep 2010
SBI has inaugurated a first-of-its-kind branch for high net worth individuals, where it takes a minimum of Rs1 crore to open an account. A customer relationship is by invitation only
Fed running out of policy bullets: Roubini
28 Aug 2010
Professor Nouriel Roubini has said the Federal Reserve is running out of effective ways to stimulate the economy and that the odds of a double-dip recession had risen to more than 40 per cent.
Fed will intervene strongly when required: Bernanke
28 Aug 2010
Fed Reserve chairman Ben Bernanke has sent out unambiguous signals that the central bank would not shy away from intervening strongly should the economic recovery begin to really go wrong.
HSBC’s Kidwai banks on India for growth
25 Aug 2010
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