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Deutsche Bank hit by Q2 profit fall, Moody`s downgrade

Deutsche Bank hit by Q2 profit fall, Moody`s downgrade

Last Updated: Tuesday, July 29, 2014, 18:12

Deutsche Bank, Germany`s biggest lender, said Tuesday its net profit in the second quarter fell by 29 percent, due mainly to a heavier tax bill.

RBI says IDFC agrees to pare FII limit to 50.5%

Last Updated: Wednesday, July 16, 2014, 20:52

Infrastructure financing company IDFC has agreed to prune foreign shareholding limit by 1 percent to 50.50 percent, as part of plans to progressively pare foreign investor holding to 49 percent to run banking services.

India 3rd most hit by online banking malwares

Last Updated: Tuesday, June 17, 2014, 16:06

The use of Internet has improved the overall banking services in India.

Bharatiya Mahila Bank targets Rs 1,800 cr biz this fiscal

Last Updated: Sunday, June 15, 2014, 19:08

Bharatiya Mahila Bank (BMB), incorporated under the Companies Act last fiscal to extend banking services especially to women, is targetting at a business of Rs 1,800 crore this fiscal.

Bharatiya Mahila Bank sets up branch in Bihar

Last Updated: Saturday, March 29, 2014, 18:47

The access to finance and banking services being provided by the BMB would empower women and broaden their social base of development for equitable growth she said.

ICICI Bank launches 'Branch on Wheels' in Odisha

Last Updated: Wednesday, February 26, 2014, 19:16

ICICI Bank Wednesday launched 'Branch on Wheels' in Odisha as part its financial inclusion plan to provide banking services in remote villages in the state which are devoid of banking facilities.

Banking services hit in the Northeast

Last Updated: Tuesday, February 11, 2014, 12:24

Banking services have been severely affected in the northeastern region for the second day Tuesday as most of the major banks were closed due to employees` two-day nationwide strike.

People have realised importance of banking services: FM

Last Updated: Saturday, February 08, 2014, 15:34

Finance Minister P Chidambaram on Saturday said people have realised the importance of banking services and always request him to open a branch in their area to avail of various facilities.

Plan to open 10,000 bank branches a year from next fiscal: FM

Last Updated: Saturday, January 11, 2014, 22:41

As part of taking banking services to rural areas, the Centre has revised its target upwards to opening 10,000 new bank branches a year, according to Union Finance Minister P Chidambaram.

RBI says mobile banking has miles to go to reach traction

Last Updated: Wednesday, January 01, 2014, 20:27

The Reserve Bank has expressed its disappointment over the lower-than-expected spread of mobile banking in the country saying the awareness levels of this tool has been wanting.

TRAI prescribes tariff for USSD-based mobile banking services

Last Updated: Wednesday, November 27, 2013, 17:48

Aiming to promote use of mobile banking services across India, telecom regulator TRAI has come out with guidelines and tariff on unstructured supplementary service data (USSD)-based mobile banking services.

Banks' exposure to shadow banking entities up in India, others

Last Updated: Friday, November 15, 2013, 17:58

India is among the nations who have witnessed a marked increase in the exposure of its banks to 'shadow banking' entities, whose asset base globally grew to USD 71 trillion in 2012-end, according to an international body of financial regulators.