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Bank of India is issuing $300-$400 million worth of Basel III compliant bonds in overseas markets. This will be the first such issue out...
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Kotak Mahindra Bank has launched a fully integrated social bank account, called Jifi, which the bank states will target mostly the youth of the...
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The total amount of unclaimed deposits (which are more than 10 years old) in the scheduled commercial banks in India is Rs 3652.64 crore...
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Jammu and Kashmir Bank is exploring opportunities to expand outside India. The bank is likely to open branches in Dubai and London to strengthen...
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Bank of America agreed to pay $9.3 billion to settle claims that it sold Fannie Mae and Freddie Mac faulty mortgage bonds, helping the...
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Industrial and Commercial Bank of China (ICBC) will restrict trade with Alibaba’s online payment arm to one branch. This is part of China’s latest...
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Rabobank said its supervisory board had nominated Wiebe Draijer to serve as its new executive chairman after the bank’s former top executive resigned because...
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Some nine CMDs of public sector banks are expected to face an interview 28 March for being considered for the position of deputy governor...
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Corporation Bank has launched a common service center as a pilot project at Mumbai’s Dharavi area. The bank has tied up with eGovernance Service...
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National Payments Corporation of India has been awarded ISO 9001:2008 and ISO 22301:2012 certifications for Quality Management Standard (QMS) and Business Continuity Management Standard...
