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The Election Commission is yet to take a decision on the Reserve Bank’s request to allow it to announce the new bank licenses. Sources...
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K.R. Kamath, CMD, Punjab National Bank, is the front-runner for the position of deputy governor of the Reserve Bank of India, following incumbent K.C....
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Axis Bank has opened 250 branches in unbanked areas in 2014 as per the regulatory requirement, which qualifies it to launch 750 more urban...
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Standrard Chartered Bank’s office building in suburban Goregaon of Mumbai is being bought by drug maker Sun Pharmaceutical for Rs 280 crore. According to...
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Lakshmi Vilas Bank has sought SEBI’s approval to raise Rs 505 crore through a rights issue. The bank intends to utilize the proceeds from...
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Karachi-based Faysal Bank will convert itself into a full-fledged Islamic lender as its majority shareholder, Bahrain’s Ithmaar Bank, looks to consolidate its business lines....
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Pakistan’s central bank has issued new rules for the operation of Islamic banking windows, aiming to strengthen their role in the world’s second-most populous...
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BNP Paribas’ Kix NFC payments service is now available to customers across France, following its introduction in the city of Strasbourg in January 2013....
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Here is good news for real estate developers engaged in developing residential projects for the lower and middle income segments of the population. Capri...
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Eight banks based in Switzerland, Britain and the United States are being probed into for currency manipulation after preliminary investigations in September. The banks...
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