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ICICI Bank is repatriating capital from its overseas banking subsidiaries in order to optimize capital for the group and improve its return on equity....
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Corporation Bank and Life Insurance Corporation of India have entered into memorandum of understanding for implementing “Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), the...
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The UAE is expected to have record sharia-compliant assets worth $263 billion by 2019. A report by audit firm EY said in 2014, sharia...
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Qatar National Bank has opened a representative office in Vietnam’s economic hub of Ho Chi Minh City. This will be followed by another one...
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Dr Mohammad Y. Al-Hashel, governor of Central Bank of Kuwait (CBK), disclosed there have been exchange of letters between the CBK and the China...
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Hatton National Bank of Sri Lanka has concluded a landmark agreement with the Asian Development Bank (ADB) to raise $100 million by way of...
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The Competition Commission has dismissed a complaint against Tamilnad Mercantile Bank, alleging it had indulged in unfair business practices while providing banking services. The...
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The government has given a 14-month extension in service to T.M. Bhasin, CMD, Indian Bank. However, in terms of the prevailing practice, he would...
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The Reserve Bank of India in the final stages of evolving a structure for the proposed Central Fraud Registry and it is expected to...
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The Reserve Bank of India is proposing 25% of the capital of a bank as the limit of the bank’s exposure to corporate borrowwals....
