Banks general

Banks’ NPAs jumped 50 bps to 5.1% between March and September: RBI

23 Dec 2015

Qatar National Bank acquires Turkey’s Finansbank for $3 bn

23 Dec 2015

One of the largest banks in the Middle East and Africa, Qatar National Bank is buying Turkey's Finansbank SA, a subsidiary of Greek lender National Bank of Greece SA, for approximately $3 billion, in a bid to expand its footprint in the region

Bandhan targets rural transport segment to start retail lending operations

22 Dec 2015

Citigroup Inc to cut 2,000 jobs starting next month

21 Dec 2015

Bank of Baroda fraudsters made over Rs100-cr from Rs6,000-cr remittance racket

21 Dec 2015

RBI announces new norms for banks to set lending rates

18 Dec 2015

Under the new rules, banks must set their lending rates every month on the basis of their marginal cost of funds, which will be based on the rate offered on new deposits

SC slams RBI, banks for covering up malpractices

17 Dec 2015

The Supreme Court said the Reserve Bank of India cannot withhold information on defaulters and other issues covered under the RTI Act under the guise of fiduciary relationship

RBI takes stock of banks’ clean-up act to improve asset quality

15 Dec 2015

Banks, insurance firms woo venerable India Post

08 Dec 2015

Govt directs all banks to restore services, ATMs in flood-hit Tamil Nadu

07 Dec 2015

RBI may allow market-linked pricing of loans

07 Dec 2015

The move to allow computation of banks' base rates on the basis of marginal cost of funds is expected to benefit new customers in the next financial year

P-Note regulations strict and robust, feels government

04 Dec 2015

Tata Steel raises $1.5 billion to refinance offshore debt

03 Dec 2015

Tata Sons signs up China's ICBC for financial services

02 Dec 2015

Five major UK banks pass BoE stress tests

02 Dec 2015

Five major UK banks pass BoE stress tests

02 Dec 2015

RBI keeps rates unchanged; says banks have enough leeway now

01 Dec 2015

In order to smoothen the path for banks to cut lending rates, RBI said, it will shortly finalise the methodology for determining the base rate based on the marginal cost of funds, which all banks will move to

IDBI Bank raises $350 million from overseas investors for clean projects

28 Nov 2015

HSBC whistleblower Falciani sentenced to 5 years’ jail

28 Nov 2015

Falciani, who leaked details of bank account holders in the Geneva branch of HSBC, which subsequently also reached India, has been charged with industrial espionage

Govt plans high-level panel to tackle bad loans as bank NPAs cross 6%

27 Nov 2015

HSBC to wind up private banking unit in India

27 Nov 2015

The rising number of millionaires in the country simply did not translate into profits for HSBC as its high-paid wealth managers failed to cash in by managing those riches

ATM cash heist foiled, van driver nabbed

27 Nov 2015

Lloyds Bank to axe 1,000 jobs to cut costs

27 Nov 2015

Last year, the bank said it would close up to 150 branches and cut around 9,000 jobs, as part of a three-year strategy to make the business simpler and more efficient