Banks general
Bitcoin is not money, can’t be ‘laundered’, rules US judge
27 Jul 2016
In a case that the judge herself described as ‘fascinating’, a circuit court threw out a case built by Miami police against a bitcoin trader, ruling that the virtual currency is not money and therefore technically can’t be used for ‘money-laundering’
Kotak Mahindra Bank Q1FY17 net profit soars 290%
23 Jul 2016
Govt infuses Rs22,915 cr in 13 PSU banks; SBI gets Rs7,575 cr
19 Jul 2016
The capital infusion has been necessitated because of bulging bad loans that have left an Rs80,000-crore hole in India's banking system, which hit economic activity as lenders refused to expand credit
Unified payment system will take off soon: RBI governor
18 Jul 2016
The Unified Payment Interface will herald a unified payment system for the whole country and in the process will also help promote cashless transactions
IDFC Bank buys microfinance lender Grama Vidiyal
13 Jul 2016
This is a first of its kind acquisition where a bank has taken over a microfinance institution and made it a subsidiary
Banks to remain open, strike deferred
12 Jul 2016
Top banks in West shed nearly $500 bn in market cap as NPAs loom
07 Jul 2016
Plunging share prices this year have erased half a trillion dollars or a quarter of the combined market value of at least 20 of the world’s major banks over concerns that banks may not be able to absorb the shock of rising loan delinquencies
RIL takes 70% stake in payments bank JV with SBI
02 Jul 2016
RIL takes 70% stake in payments bank JV with SBI
02 Jul 2016
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