Banks general

SBI reports 10.18 per cent rise in Q2 profit

31 Oct 2009

Bank of India Q2 profit down 57 per cent at Rs323 crore

31 Oct 2009

ICICI Bank posts unexpected gains

30 Oct 2009

PNB to buy majority stake in Kazakh’s Dana Bank

30 Oct 2009

India’s second-largest public sector lender, has received approval from its board of directors to acquire a majority stake of about 63 per cent in Kazakhstan-based Dana Bank

CIT raises $4.5 billion more in secured credit, rejects Icahn offer

29 Oct 2009

RBI asks banks to weed out `rogue' accounts

29 Oct 2009

RBI has asked banks to scan all existing accounts to ensure that no account is held by or linked to any of rogue entities identified by the UN Security Council Committee

RBI panel recommends freedom for rural, semi-urban bank expansion

28 Oct 2009

Bank of Baroda Q2 net jumps 60 per cent to Rs634.18 crore

28 Oct 2009

Sumitomo Trust, Chuo Mitsui in merger talks: report

27 Oct 2009

RBI keeps key rates unchanged; hikes banks' liquidity reserve ratio

27 Oct 2009

The RBI said its monetary and interest rate policy is consistent with price stability and financial stability and supportive of the growth process.

Barclays acquires Standard Life Bank for £226 million

27 Oct 2009

Barclays and Standard Life have also agreed to explore joint opportunities in the UK retail long-term savings and investments sector, starting with a multi-channel, simplified pension product

ING to separate banking and insurance operations; to pay back taxpayers’ money

26 Oct 2009

US bank failures touch 106; highest since 1992

24 Oct 2009

Commercial banks' business slowed in 2008-09

23 Oct 2009

Credit flow from scheduled commercial banks in India declined to 21.2 per cent in fiscal 2008-09 from 25 per cent in the previous fiscal while deposits with SCBs grew at 22.4 per cent from 23.1 per cent in 2007-08.

ANZ to roll out new logo with $15 million spend

23 Oct 2009

Stop gouging small borrowers, RBI tells banks

23 Oct 2009

RBI has pulled up banks for continuing to charge unduly high interest rates from retail customers even while announcing a series of cuts in lending rates

Bank credit growth rate falls to 13.9 per cent in June 2009

22 Oct 2009

Bank of America to sell First Republic Bank for $1 billion

22 Oct 2009

In an effort to raise capital through asset sale, BankAm is divesting for an undisclosed sum First Republic, which it acquired in January this year through its acquisition of Merrill Lynch

US banks: back to profits... and bonuses

21 Oct 2009

Unlike Rama who returned after 14 years in exile, the banks have returned to profitability in just about nine months. And, they haven’t done it on their own but on taxpayer money! And that is the mixed blessing of the banks’ profits, writes CNN's London correspondent Richard Quest, in his exclusive column for domain-b.

BoE governor hits out at banks failure to reform

21 Oct 2009

Bank of England governor Mervyn King launched a scathing attack on the banking industry's failure to reform saying that the scale of support to the banking sector is breathtaking.