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NABARD has said the regional rural banks (RRBs) will be able to maintain their gross non-performing assets this fiscal at the last year’s level...
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Canara Bank is in the final stage of taking over Amanath Cooperative Bank, with the Karnataka government all set to issue a gazette notification...
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Representatives from cash management service providers are likely to meet a working group, set up by bankers, on outsourcing of the service. The working...
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Standard Chartered Bank, which regained its position as the most profitable foreign lender in India in 2012-13, has seen a sharp rise in non-performing...
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JPMorgan Chase & Co announced thousands of job cuts as the mortgage lending business slows, and said it was lowering its profitability target. The...
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DBS Bank India hopes its proposed entry into the home loan business will have a spin-off, with instalments routed through the savings bank accounts...
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Royal Bank of Scotland has received approval from Treasury agency UK Financial Investments to pay about 550 million pounds in staff bonuses for 2013....
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Finesse, a Red Herring Asia Top 100 company has launched ready-to-deploy iCreate solution ‘Fintellix’ to help banks expedite FATCA, or Fair and Accurate Credit...
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Indian Bank will decide on closing some ATMs, mostly in rural locations, at night as a security measure. The bank has examined the transactions...
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Canara Bank has adopted a village, Kodiyalam Pulivalam, in Tamil Nadu under its village adoption programme. It will spend about Rs 15 lakh for...
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