Banks general
Japan to fire up ADB to counter China-led AIIB
22 May 2015
According to analysts, the rival efforts by the two countries will be a boon for Asian nations, which face huge infrastructure shortfalls
Five global banks fined over $5 bn for forex manipulation
21 May 2015
US banking giants Citicorp, JPMorgan Chase & Co and the UK’s Barclays Plc, and The Royal Bank of Scotland Plc have pleaded guilty to conspiring to manipulate the price of US dollars and euros exchanged in the forex market in the US and elsewhere
Low rates no substitute for productivity losses: Rajan
20 May 2015
Speaking on the theme 'Going Bust for Growth' in New York, RBI governor Raghuram Rajan raised concern over central banks globally being pushed into "competitive monetary easing"
S African regulator probes global banks for forex rate fixing
20 May 2015
The banking giants under probe include BNP Paribas SA, Citigroup Inc, Barclays Bank Plc, JP Morgan Chase & Co, Investec Ltd, Standard New York securities Inc, and Standard Chartered Plc
Govt announces gold accounts scheme, seeks feedback
19 May 2015
The proposed policy allows a depositor to open a gold account with a minimum of 30 grams of gold and also exempts interest earned on such deposits from income tax and capital gains tax
Govt announces gold accounts scheme, seeks feedback
19 May 2015
The proposed policy allows a depositor to open a gold account with a minimum of 30 grams of gold and also exempts interest earned on such deposits from income tax and capital gains tax
RBI clears decks for contactless payment system
15 May 2015
Parliament approves black money bill
13 May 2015
There would be a two-month compliance window for persons having undisclosed income abroad to come clean by paying 30 per cent tax and 30 per cent penalty
Citigroup may plead guilty in rate-rigging case
12 May 2015
Citigroup Inc, the third-largest bank in the United States, said in a filing on Monday it could plead guilty to charges of rigging foreign currency markets to make quick profits
US Supreme Court favours Barclays in $4-bn dispute with Lehman
05 May 2015
The disputed assets relate to Barclays's acquisition of the bulk of Lehman's brokerage business at the height of the 2008 global financial crisis
Bank of India cuts lending rate by 0.25%
02 May 2015
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