Banks general

HSBC brings European operations under French unit ahead of Brexit

HSBC brings European operations under French unit ahead of Brexit

09 Aug 2018

HSBC, Europe’s biggest bank, has shifted ownership and operational control of its Polish and Irish subsidiaries from its London-based entity to its French unit, as Brexit looms

Government withdraws FRDI Bill in Lok Sabha

08 Aug 2018

SBI advises customers to shift to ‘basic account’ to avoid maintenance charges

07 Aug 2018

Facebook asks US banks to share customer data; plays down privacy fears

07 Aug 2018

Facebook has had discussions with JPMorgan Chase, Wells Fargo, Citigroup and US Bancorp in the past year about sharing customers' financial data to enhance its Messenger texting platform

NCLAT extends bid deadline for Bhushan Power & Steel to 13 August

07 Aug 2018

RBI hikes policy repo rate by 25 bps to 6.5% as inflation spikes

RBI hikes policy repo rate by 25 bps to 6.5% as inflation spikes

01 Aug 2018

The Reserve bank's Monetary Policy Committee has reiterated its commitment to achieving the medium-term target for headline inflation of 4 per cent on a durable basis even as consumer price inflation rose from 4.9 per cent in May to 5 per cent in June, driven by an uptick in fuel prices

Paytm Payments Bank stops adding customers as RBI faults its KYC process

01 Aug 2018

UK court to conclude Vijay Mallya extradition hearings today

UK court to conclude Vijay Mallya extradition hearings today

31 Jul 2018

India asks Antigua to detain Mehul Choksi

31 Jul 2018

SBI raises Fixed Deposit interest rates

31 Jul 2018

US court allows PNB to summon Nirav Modi, others over US asset sale

US court allows PNB to summon Nirav Modi, others over US asset sale

28 Jul 2018

A New York bankruptcy court has recognised Punjab National Bank’s claim on fugitive diamond trader Nirav Modi’s three US-based companies and allowed the bank to examine Nirav Modi,  Mihir Bhansali and Rakhi Bhansali

SBI pleads with DoT not to cancel spectrum allotted to RCom, RelTel

27 Jul 2018

Vijay Mallya offers to return as ED moves to confiscate his assets

Vijay Mallya offers to return as ED moves to confiscate his assets

25 Jul 2018

Beleaguered tycoon Vijay Mallya’s change of heart comes after the Enforcement Directorate moved to confiscate his assets in India and abroad under the Fugitive Economic Offenders Ordinance

Banks, FIs sign inter-creditor pact to fast-track NPA resolution

24 Jul 2018

As many as 22 public sector banks, 19 private and 32 foreign banks as well as financial institutions, including LIC, HUDCO, PFC and REC, signed the inter-creditor agreement to fast-track resolution of stressed assets

Govt slashes minimum deposit in Sukanya Samriddhi scheme to Rs250 a year

24 Jul 2018

Bandhan Bank Q1 net rises 47.5% to Rs481.7 cr

19 Jul 2018

LIC likely to take management control of debt-laden IDBI Bank

18 Jul 2018

Govt drops FRDI bill citing public anxiety over bank deposits

Govt drops FRDI bill citing public anxiety over bank deposits

18 Jul 2018

The bill, drafted in the backdrop of mounting bad loans with state-run banks, unnerved depositors as the bill proposed to limit insurance cover for bank deposits

Govt to infuse Rs11,336-cr capital in 5 state-run banks

18 Jul 2018

SBI asks 70,000 associate bank employees to return overtime compensation

17 Jul 2018

LIC board approves proposal to acquire majority stake in IDBI Bank

16 Jul 2018

LIC to make open offer to IDBI Bank shareholders: report

11 Jul 2018

CBI arrests 2 retired Bank of India officials in Rs2,654-cr loan fraud

07 Jul 2018

RBI grants licence to Bank of China to set up branch in India

06 Jul 2018

Karnataka govt to write off Rs25,000-cr farm loans, hike fuel tax

06 Jul 2018

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