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ECB set to fail 25 lenders in review, draft document shows
Fri, Oct 24 2014. 11 05 PM

ECB set to fail 25 lenders in review, draft document shows

105 banks are shown passing the review, according to the draft statement
China launches World Bank’s rival AIIB in Asia
Fri, Oct 24 2014. 11 31 AM

China launches World Bank’s rival AIIB in Asia

China’s proposed $50 billion Asian Infrastructure Investment Bank is seen as a challenge to the World Bank and Asian Development Bank
Narendra Modi should be looking for black money in India
Fri, Oct 24 2014. 09 48 AM

Narendra Modi should be looking for black money in India

The real mountain of illicit cash is sitting at home in India, not in some Swiss bank
IBA suggests tougher norms for safe cash transport to ATMs
Thu, Oct 23 2014. 12 20 AM

IBA suggests tougher norms for safe cash transport to ATMs

The cash replenishment agencies are unhappy with some of the norms as they increase the firms’ overheads
IDBI Bank raises $350 million by selling bonds overseas
Wed, Oct 22 2014. 03 48 PM

IDBI Bank raises $350 million by selling bonds overseas

Money was raised at 275 basis points above the five-year US treasury, 25 basis points lower than the bank’s initial guidance of 300
RBI tweaks framework for bad assets, sticks to 31 Mar deadline
Wed, Oct 22 2014. 12 58 PM

RBI tweaks framework for bad assets, sticks to 31 Mar deadline

With the revised guidelines, RBI extended the deadline to 45 days, for loans worth at least Rs500 crore
HDFC Bank’s growth now linked to loan book
Wed, Oct 22 2014. 01 17 AM

HDFC Bank’s growth now linked to loan book

The lender has been tight with operating expenses, but these rose close to one-fifth in Q2, which means profit growth would tend to closely follow loan growth
South Indian Bank Q2 net profit down 40% at Rs76 crore
Tue, Oct 21 2014. 09 11 PM

South Indian Bank Q2 net profit down 40% at Rs76 crore

Bank’s total income increases to Rs.1,405.95 crore in September quarter, up from Rs.1,306.73 crore year ago
Banking shares rise for a third day
Tue, Oct 21 2014. 12 46 PM

Banking shares rise for a third day

Shares rally on hopes that RBI may cut interest rates in the near future
Yes Bank raises Rs2,583 crore from 21 banks
Tue, Oct 21 2014. 01 04 AM

Yes Bank raises Rs2,583 crore from 21 banks

The bank raised $288 million and €103.5 million through the dual currency facility, it said in a statement

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