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T.M. Bhasin, CMD, Indian Bank, has been elected as chairman of Indian Banks Association for 2014-15. He takes over from K.R. Kamath, who is...
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U.S. Public Interest Research Group, a taxpayer watchdog group, said the $16.65 billion Bank of America settlement will cost taxpayers at least $4 billion...
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New York State’s banking regulator has fined Standard Chartered Bank with a $300 million and put restrictions on its dollar-clearing business for not detecting...
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Kotak Trustee Company, a promoter group entity of Kotak Mahindra Bank, has sold 16 lakh shares of the bank as part of the proposal...
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Plastic currency will come to India next year. The Reserve Bank of India will introduce this currency on a pilot basis. The central bank...
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The Reserve Bank of India has plans to reduce exposure limits of banks. The measure will mean that credit facilities extended to any particular...
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Karnataka Bank has entered in to a memorandum of understanding with National Bulk Handling Corporation for extending storage facilities to farmers and finance against...
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Technology firm LinguaNext is in talks with nationalized and private banks for deploying its solutions at ATMs to help users get transaction details in...
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Spain has sold the country’s ‘failed’ Catalunya Bank for just €1.2 billion ($1.62 billion) to BBVA, the country’s second largest bank. The sale would...
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S.M. Swathi, GM at Corporation Bank, has been appointed as executive director of Bharatiya Mahila Bank. She had assumed office on August 14. Swathi,...
