Banks & institutions

PNB plans to raise Rs7,500 crore via QIP or FPO

31 Dec 2023

The board of directors of Punjab National Bank (PNB) at its meeting on Thursday approved a proposal to raise Rs7,500 crore capital through equity issue

SBI, Bank of Baroda raise term deposit rates

31 Dec 2023

Public sector lenders State Bank of India (SBI) and Bank of Baroda (BoB) have announced a hike in interest rates on fixed deposits varying from 50 to 125 basis points

RBI directs banks to stop charging penal interest

31 Dec 2023

Reserve Bank of India (RBI) has directed banks to stop charging penal interest rates on delayed loan repayments

RBC gets govt nod for $10 bn acquisition of HSBC Canada

23 Dec 2023

The Canadian government on Thursday granted approval for Royal Bank of Canada’s C$13.50 billion ($10.20 billion) acquisition of the Canadian assets of HSBC (HSBC Canada)

RBI cautions banks, NBFCs on exposure to alternative investment funds

22 Dec 2023

Reserve Bank of India (RBI) has directed all regulated entities (REs), including commercial banks, co-operative banks and all-India financial institutions

RBI revision of loan-to-value ratio seen easing home loan rates by 25-30 bps

10 Oct 2015

Cobrapost expose: Govt asks banks, LIC to initiate action against ‘money laundering’

06 May 2013

Barclays puts profit ahead of customers: review

04 Apr 2013

RBI measures to mitigate banks’ risks, may raise home loan rates: CRISIL

03 Nov 2010

Bonuses return with a vengeance on Wall Street

24 Feb 2010

Londoners to get the taste of Metro Bank by April

24 Feb 2010

Pakistan secures $7.6 billion lifeline from IMF

25 Nov 2008

Pakistan has obtained a $7.6 billion lifeline from the International Monetary Fund, which will prevent the country from defaulting on debt. Pakistan's foreign-exchange reserves have shrunk 75 per cent in 12 months, to $3.45 billion.