Banks general
SBI defends $1bn Adani loan against ‘crony capitalism’ charge
21 Nov 2014
SBI chief Arundhati Bhattacharya clarified that the bank has only entered into a memorandum of understanding with the group and that funds would only be released after due diligence
Kotak Mahindra Bank to acquire ING Vysya Bank
20 Nov 2014
Upon merger, the combined Kotak will have 1,214 branches, with a wide-spread pan-India network, getting both breadth and depth given the strong geographic complementarities between Kotak and ING Vysya
SBI Q2 net rises 31% to Rs3,100 cr despite higher provisioning
14 Nov 2014
Profitability of the bank increased during the quarter despite a 41 per cent jump in provisioning for bad loans to Rs4,275 crore
PSU bank employees strike work over pay
12 Nov 2014
India’s state-run banks see NPAs worsening
08 Nov 2014
ECB assumes role of euro zone banking watchdog
04 Nov 2014
The European Central Bank will now directly oversee the euro zone’s 120 largest banks, which make up more than 80 per cent of total banking assets in the single currency area
Barclays to set aside £500 mn for Libor rigging penalties
30 Oct 2014
Barclays has set aside £500 million over the alleged rigging of foreign exchange markets, which is under investigation by regulators around the world
Lloyd’s to close 200 branches
27 Oct 2014
India to sign memorandum to set up Asia Infrastructure Investment Bank
24 Oct 2014
India will be the second-largest shareholder in what is being seen as a move by the Indian government to ensure that it has a say in running the new multilateral lending institution being created at China's behest
Do we need banks for financial inclusion?
17 Oct 2014
Government must collaborate with new and existing players by way of technology, platform, product, distribution, points of presence, merchant base, delivery channel, brand, etc to plug the crucial last mile for direct benefit transfers, says Probir Roy and Dr Sumita Kale
SBI makes ATM usage free for customers with over Rs25,000 balance
15 Oct 2014
For customers with a balance less than Rs25,000, SBI will allow only four free monthly transactions on its home ATMs, and restrict it to three free transactions on third-party ATMs
De La Rue wins UK banknotes printing contract
14 Oct 2014
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