Banks general
RBS sells Pakistan operations to MCB Bank
11 Aug 2009
Royal Bank of Scotland has entered into an agreement with MCB, Pakistan's largest privately-owned bank by assets, to sell its 99.37-per cent stake in RBS Pakistan for $87.4 million
SBI to enter general insurance by March
10 Aug 2009
SBI cuts home loan rates yet again
08 Aug 2009
Intensifying the battle in the home loan market, State Bank of India today further cut its home loan rates to attract customers across income segments
IDBI cuts rates on deposits, car loans
08 Aug 2009
European banks agree to cap gold sales at 400 tonnes
08 Aug 2009
The European Central Bank and central banks of 18 European nations have decided to reduce gold sales to 400 tonnes a year, from 500 tonnes
ATMs run dry as bank stir continues
07 Aug 2009
India's public sector banks remained shut today as a nationwide strike by their employees demanding higher wages and pensions entered the second day, hurting volumes in the bulk cash, currency and bond markets
BoE pumps in extra £50 billion for asset purchases
07 Aug 2009
The UK central bank, yesterday decided to extend its asset purchase programme by £50 billion to £175 billion to tide over the continuing economic recession
Strike cripples bank operations, but ATMs ‘flush with money’
06 Aug 2009
Employees of Indian state-run banks, including the country's biggest lender, State Bank of India, began a two-day strike today for higher wages and pension
Shailendra Bhandari is new chief of ING Vysya Bank
06 Aug 2009
Bhandari has previously worked with Citibank, HDFC Bank, and Centurion Bank of Punjab.
Canara Bank cuts vehicle, home loan rates
05 Aug 2009
Bank staff plan nationwide strike on 6-7 August
04 Aug 2009
ANZ acquires RBS’s Asian assets for $550 million
04 Aug 2009
US, Switzerland settle UBS tax row out of court
03 Aug 2009
Barclays posts impressive £2.98 billion profit
03 Aug 2009
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