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The deposit portfolio of NRIs of Indian banks in Oman went up 43.5% year-on-year in January-end, according to newspaper reports quoting RBI. The outstanding...
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Parvathy V. Sundaram, a chief general manager in RBI, has been appointed as an independent non-executive director on the board of crisis-hit United Bank...
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ING Vysya Bank has appointed Uday Sareen as deputy CEO and head of wholesale banking and strategy. Sareen will assume his new office on...
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The government is proposing to sell its stake in Axis Bank aiming to raise Rs 30 billion to Rs 40 billion. The stake is...
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DCB Bank has secured the ISO 27001:2005 certification for its Information Security Management System (ISMS). The security standard demonstrates the bank’s commitment towards providing...
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Standard Chartered Bank sees great potential for Islamic banking in Kenya with only 2% penetration to the total banking business. The bank’s global head...
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HSBC is the latest firm to launch an electronic platform for trading corporate bonds, as participants look to encourage greater trading between buyside investors...
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DBS Bank has agreed to buy the Asian private banking business of French lender Societe Generale in a deal worth $220 million, boosting its...
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Kuwait’s Noor Financial Investment Co said the proposed sale of its stake in Karachi-based Meezan Bank has been blocked by Pakistan’s central bank, which...
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Dr Ram S. Sangapure is the new ED at Punjab National Bank. He assumed charge on 13 March. Prior to this posting, he was...
