ICICI Bank to pay <span class='WebRupee'>Rs.</span>1.75 lakh for customer’s loss due to fraud
Small rate cuts do not help you save much

Small rate cuts do not help you save much

At least 13 banks have reduced interest rates by 25 bps, three have cut by 30 bps and one by 5 bps.
Australia central bank sells scandal-hit note firm stake

Australia central bank sells scandal-hit note firm stake

The Reserve Bank of Australia sold its 50% holding in Securency
What’s holding us back from using mobile banking?

What’s holding us back from using mobile banking?

Innovations have made cellphones into a personal banking tool, but there is still some way to go.
Sri Lanka freezes rates; sees deposit and lending rates easing

Sri Lanka freezes rates; sees deposit and lending rates easing

Sri Lanka’s central bank says monetary board was of the view that current monetary policy stance is appropriate
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More From banking and loans

Clunky KYC norms keep investors away
Tue, Feb 12 2013. 12 26 AM

Clunky KYC norms keep investors away

KYC registration agencies need to coordinate better; more clarity needed on documents required.
Court upholds Andhra law on microfinance
Tue, Feb 12 2013. 12 16 AM

Court upholds Andhra law on microfinance

High court asks state to review law in light of proposed national regulations to govern the sector
Syndicate Bank cuts base rate by 0.25%
Mon, Feb 11 2013. 11 42 PM

Syndicate Bank cuts base rate by 0.25%

Syndicate Bank also revised downward its benchmark prime lending rate to 14.50%
IntelleGrow raises Rs10 crore from MSDF
Mon, Feb 11 2013. 04 58 PM

IntelleGrow raises Rs10 crore from MSDF

IntelleGrow provides viability-based debt financing to early-stage enterprises with a turnover of less than Rs50 crore
ADB says BoJ inflation goal could be met in two years
Mon, Feb 11 2013. 02 33 PM

ADB says BoJ inflation goal could be met in two years

Japan’s central bank took the correct step in adopting 2% inflation target, says ADB’s Haruhiko Kuroda
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