Banks general
RBI mandates ‘account portability’ between bank branches
28 Apr 2012
RBI has asked banks to allow ‘intra-bank account portability’ in cases where full KYC details of the account-holder have already been ascertained previously
Banking Bill retains voting right at 10 per cent
26 Apr 2012
RBI cuts Bank Rate by 50 bps to 9 per cent
26 Apr 2012
RBI cuts Bank Rate by 50 bps to 9 per cent
26 Apr 2012
SBI bucks trend, keeps home loan rates unchanged
24 Apr 2012
SBI opens credit centre in Hyderabad
21 Apr 2012
Citigroup shareholders reject Vikram Pandit's pay package
19 Apr 2012
Citigroup shareholders have rejected a $15-million pay package for chief executive, Vikram S Pandit, who pulled the bank back from the brink during the global financial crisis
IMF warns of $2.6 trillion contraction of European banks' balance sheets
19 Apr 2012
The IMF pointed out in its Global Financial Stability Report, published yesterday, that balance sheets of European banks looked set to shrink by $2.6 trillion in the coming 18 months
RBI ends penalty on prepayment of home loans
18 Apr 2012
Home loan borrowers will now find it easier to switch banks to avail of better rates, as the RBI has stopped banks from levying a prepayment penalty on floating home loans
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