Banks general
Stanchart reports first annual loss in 26 years as India NPAs swell
24 Feb 2016
The impairment losses on loans in India are more than double the $611-million hit it took due to credit losses in the UK
HSBC under probe in India over tax evasion, money laundering
23 Feb 2016
The income tax department has issued notices to global banking major HSBC and has warned of prosecution against its Swiss and Dubai offices for allegedly abetting tax evasion by four Indians and their families
Global economic shifts shake down HSBC's net
22 Feb 2016
HSBC’s financial results for 2105 come after a turbulent year which saw a market rout in China and commodity prices plunge as well as tightening credit due to a US rates hike
SBI raises Rs3,000 crore through 10-year bonds
19 Feb 2016
SC asks RBI for list of banks’ NPAs over Rs500 cr
16 Feb 2016
The Supreme Court today asked the RBI to provide a list of borrowers who have defaulted on loans over Rs500 and those whose loans have been restructured under corporate debt restructuring schemes
HSBC Holdings Plc to stay in London
15 Feb 2016
Jaitley offers to empower banks to recover bad loans as NPAs mount
12 Feb 2016
The finance minister’s assurance comes after the nation’s top lender State Bank of India wrote off Rs3,697 crore and sold Rs395 crore of bad loans to asset reconstruction companies in Q3 of 20151-6
Identity theft accounts for 73% of frauds in India
11 Feb 2016
In India, identity theft accounted for 77 per cent of the fraud cases in the first quarter of 2015
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