Banks general
SBI rescinds suspension of agri implements loans
21 May 2008
SBI puts loans for agri mechanisation on hold
19 May 2008
HSBC to acquire 73.21 per cent stake in brokerage IL&FS for Rs1000 crore
17 May 2008
Europe's biggest bank HSBC is acquiring a 73-per cent stake in IL&FS Investmart for Rs1000 crore
IFC invests $45 million in Standard Chartered Bank initiative for micro-finance sector in Asia and Africa
16 May 2008
US bank Sovereign looking to raise $1.5 billion; may lose management control to Santander
10 May 2008
SBI raises FCNR, NRE deposit rates
05 May 2008
SBI to restructure credit card business
03 May 2008
Citigroup stake sale fetches $4.5 billion; exceeds target by 50 per cent
01 May 2008
Citigroup raises $4.5 billion by selling stock, 50 per cent more than planned; may increase offer to $4.95 billion
Mobile banking set to grow
01 May 2008
Mobile banking has emerged the most promising front end technology for broadening the access of finance in the country. By Probir Roy
IMF predicts close to $1 trillion losses due to US sub-prime mortgage crisis
09 Apr 2008
The growing fallout from the US sub-prime mortgage crisis could have profound financial system and macroeconomic implications, according to the IMF's latest Global Financial Stability Report (GFSR) which disclosed possible accumulated losses nearing one trillion dollars.
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