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

Banking industry culture fosters dishonesty: study

20 Nov 2014

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

Belgian authorities charge HSBC with money laundering

18 Nov 2014

For public sector banks, much-awaited rural-banking profit nears reality

17 Nov 2014

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

HDFC Bank stock gains as FIPB clears 74% foreign investment limit

14 Nov 2014

RBI issues guidelines for bank financing joint farming groups of small farmers

14 Nov 2014

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

Hackers breached JP Morgan network for two months before being discovered

03 Nov 2014

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

SBI to fortify UK operations as BoE cracks down on foreign banks

21 Oct 2014

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

Old Mutual wealth division acquiring Quilter Cheviot

17 Oct 2014

Tata Steel refinances its $5.4 billion Corus debt ahead of UK asset sale

16 Oct 2014

Citigroup Inc to dump consumer banking in 11 markets: reports

15 Oct 2014

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