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An exercise is going on in Sri Lanka where books of banks and finance companies are being evaluated by audit firms as part of...
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The Commonwealth Bank of Australia has attributed part of its success so far to Pegasystems, which has helped reduce the bank’s burden of working...
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Royal Bank of Scotland is considering merging its troubled Ulster Bank business with Irish rivals. According to a report, the bank is mulling a...
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The Reserve Bank today asked banks to proactively tackle the problen of bad debts and improve credit risk management systems. The central bank has...
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Axis Bank has started an eKYC facility for account openings by business correspondents in rural areas. The bank plans to open 1 lakh such...
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ICICI Bank has acquired 1.8 crore shares of Deccan Chronicle Holdings by invoking the pledge on these shares, taking its holding to 9.81% from...
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ICICI Bank plans to cover 100 unbanked villages across the country through its mobile van banking service. Through its ‘Branch on Wheels’, the bank...
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Karnataka Bank dedicated 25 new Money Plant ATMs to the nation, thus taking the tally of the bank’s ATMs to 650. Managing director and...
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HSBC has sold its bank in Kazakhstan to the country’s second biggest lender, Halyk Bank for $176 million in cash. This is part of...
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Ross McEwan, the new chief executive of Royal Bank of Scotland, will announce a turnaround strategy for the part-nationalised bank. The bank is expected...
