Banks general
New Base Rate to replace banks' BPLRs from 1 April
11 Feb 2010
RBI wants banks to base their actual lending rates on the Base Rate from the next fiscal.
IRFC, NABARD to issue tax-free bonds
08 Feb 2010
Dexia approves EU restructuring plan
08 Feb 2010
Bank of New York Mellon to acquire PNC unit for $2.1 billion
02 Feb 2010
The acquisition will propell BNY Mellon to the second biggest provider of fund accounting, administration and transfer agency services to fund managers globally.
OCBC acquires ING’s Asian unit; launches Bank of Singapore
01 Feb 2010
Singapore’s second-largest lender Oversea-China Banking Corporation has acquired ING Asia Private Bank Limited and its subsidiaries for $1.5 billion
S&P downgrades UK’s banks; blames government
30 Jan 2010
The ratings agency warns that the high debts of the British government and consumers are likely to lead to banks accumulating losses.
Axis Bank in loan agreement with EXIM Korea
28 Jan 2010
NAB completes due diligence on Axa
23 Jan 2010
Goldman Sachs's Q4 net up record $4.95 billion
22 Jan 2010
For the full year, the bank had net profits of $13.39 billion, up from $2.32 billion in the previous year.
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