Banks general
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
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 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
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 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.
Carl Icahn may help finance CIT restructuring
20 Oct 2009
CIT revises restructuring plan
19 Oct 2009
Latest articles
Featured articles
Hariman Sharma lets apple travel to India’s warmer climes
10 Feb 2025
Apple, which was the preserve of the cooler Himalayan region in India, is now everywhere – in the East, the West and the South - thanks to one enterprising Himachal farmer, Hariman Sharma.
The cost of neglecting water transport
03 Feb 2025
Inland water transport is widely recognised as a cheaper and environment friendly mode of transport and, as per a report prepared by RITES
Crypto Currencies Trying To Undermine Global Financial System
27 Jan 2025
US President Donald Trump, it seems, is the latest to join the frenzy for personal or corporate currency, with $TRUMP, or what they call a meme coin, giving a further boost to his crypto image.
As costs of saying final goodbyes rise UK families resort to crowdfunding to pay for funerals
By Axel Miller | 16 Jan 2025
The cost of saying a final goodbye to loved ones in the UK has reached a grim new high, leaving families grappling with unexpected financial burdens.
The life and times of Manmohan Singh, former Prime Minister of India
By Cygnus | 28 Dec 2024
On 27th December 2024 India and the world lost one of their finest statespersons in a hundred years. Manmohan Singh, born on 26th September 1932, in Gah, Punjab (now in Pakistan)
The remarkable Ratan Tata
By Kiron Kasbekar | 23 Oct 2024
One newspaper report of Ratan Tata’s passing away showed an old photo of him climbing into the cockpit of a Lockheed Martin F-16 fighter.
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
