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    IDBI Bank plans to set up 600 branches in this financial year, taking its overall branch network to 2,000. Deputy managing director of the...

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    The Reserve Bank of India has proposed a new framework for bankruptcy of financial institutions that will align the country with international standards. However,...

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    Bank of New York Mellon is selling its Art Deco headquarters tower on Wall Street for $585 million to a venture led by developer...

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    Lloyds Banking Group is joining a class-action lawsuit against Royal Bank of Scotland, seeking 420 million pounds over the bank’s handling of its 12-billion-pound...

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    South Africa’s Standard Bank has commercially launched SnapScan, a smartphone-based payments system that allows its customers to make payments using only their phones. Consumers...

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    The RBI has included Bharatiya Mahila Bank in the second schedule to the RBI Act. This will mean the bank will be in the...

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    The RBI has revised the gold import rules enabling seven more private agencies to import the precious metal. This will lead to increase in...

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    National Bank of Abu Dhabi, UAE’s biggest bank, has been granted a banking licence to operate in India. The bank is expected to begin...

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    The Reserve Bank of India has told banks to ensure that ATMs they henceforth install shoud have functions like voice interaction and Braille keypads....

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