The agreement envisages setting up a €55 billion ($75 billion) fund financed by the banks over a period of 10 years, to avoid future bank bailouts using taxpayers’ money

UK banknotes to get tough new makeover from 2016

18 Dec 2013

RBI proposes hike in borrowing cost for willful defaulters

18 Dec 2013

Strike hits banking operations across the country

18 Dec 2013

The strike has affected 85,000 bank branches across the country, resulting in non-clearance of around 40 lakh cheques worth around Rs24,000 crore

RBI leaves policy rates unchanged on liquidity concerns

18 Dec 2013

While the tapering of quantitative easing by the US Fed may disrupt inflows of funds, RBI said it cannot soften its stand on inflation for obvious reasons

Sir Richard Branson’s Virgin Money to launch current account trial

16 Dec 2013

Governments divided on Bitcoin's status as money

16 Dec 2013

Norway has decreed Bitcoin to be an asset upon which capital gains tax could be charged, though it says the virtual currerncy did not qualify as real money

EU banking watchdog issues warning over virtual currency trading

14 Dec 2013

New bank licences to be issued early next year: Rajan

14 Dec 2013

Bitcoins increasingly seen as potential game-changer

12 Dec 2013

RBS fined $133 mn for violating US sanctions against Iran, other countries

12 Dec 2013

RBI sees 14.23% growth in bank credit

12 Dec 2013

RBI suggests loan rate hike for ‘willful’ defaulters

11 Dec 2013

Reserve Bank of India governor Raghuram Rajan today said the RBI is considering making borrowings more expensive for willful defaulters

SBI internal probe finds no hanky-panky in WWG loan

07 Dec 2013

Banks may hike ATM charges by Rs6 to beef up security

07 Dec 2013

Deutsche Bank downs shutters on global commodities business

06 Dec 2013

Deutsche Bank, the first major bank to exit the once lucrative commodities sector, said it would retain precious metals and a limited number of financial derivatives trades