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Friday, June 01, 2012

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Half of Zurich`s foreign millionaires left after tax change

The region of Zurich, the home of Swiss banking, has lost nearly half its foreign millionaires two ...

Strike hits transport, banking in Punjab, Haryana

Transport and banking services were hit in Punjab, Chandigarh and Haryana in the wake of the day-lo...

Strike disrupts banking, transport sector in Delhi

Functioning of PSU banks was affected and a number of autos and taxi drivers kept their vehicles of...

Switzerland blocks funds of wealthy Greek

A Swiss banking source said that Greek authorities have requested the blocking of about $215 mn depo...

Mobile banking facility for Meghalaya villagers

State Bank of India on Monday launched mobile banking facility for providing services to villagers ...

‘Kerala to push low-cost airline, Islamic banking’

Kerala has not given up on a proposal to start an airline of its own, Chief Minister Ooman Chandy ha...

WikiLeaks: No verdict in case of Swiss ex-banker

A Swiss court said it lacked evidence to rule on an appeal by a former Swiss banker turned WikiLeaks...

Cyber threats to increase in 2012: Report

More and increasingly sophisticated cyber threats are expected in 2012, according to a new report.

Italy`s Berlusconi might face new trial: Reports

The latest storm around Berlusconi centers on a 2005 banking scandal.

Ex-Iceland PM on trial for role in banking crisis

Geir Haarde is the first PM in the country to undergo the trial.

Pranab calls for global action to end era of banki

Finance Minister Pranab Mukherjee on Monday called for stepping up multilateral cooperation to end ...

95% households in NE do not have access to banking

Altogether 95 percent households in North East do not have access to banking services against the na...

Banking fraud: Nigerian, Nepalese among 3 arrested

The arrests came following a probe on money being fraudulently withdrawn from 3 ICICI Bank accounts...

Paedophile scandal like banking collapse: Catholic leader

Archbishop of Westminster draws fresh attention on the issue of child abuse.

SBI hikes deposit rates by 25-75 bps

India`s largest lender bank, the State Bank of India, on Thursday asserted it will raise its deposit...

Banking ops partially hit in Mumbai due to strike

Banking operations were partially affected as a section of employees of public sector banks and fi...

US, EU banking data sharing deal to make people safer: Obama

US President Barack Obama on Thursday said the deal between the Washington and the EU to tap into ...

Europe to share banking data for US terror probes

Europe agreed on Thursday to allow the United States to tap into banking data for terrorism invest...

Gujarat`s 3,500 villages to get banking facilities

About 3,500 villages in Gujarat, each with more than 2,000 population, will get banking facilities...

Banking and finance largest recruiter at IIMB

IIMB has achieved 100 per cent placement for its batch of 270 students this year within five days, ...

Global co-operation on financial reforms needed: IMF

International Monetary Fund (IMF) Managing Director Dominique Strauss-Kahn has urged the US, Britain...

Davos ends with recovery warning after banking bust-up

The world economy is recovering but remains fragile and dogged by huge deficits, top officials said ...

Taxing banks could be counter-productive: George Soros

Billionaire George Soros opens up his mind about how to put right the banking sector, which has beco...

Over 50% consumers will be in mobile banking ambit by 2015

With the Reserve Bank hiking the mobile banking transaction limit to Rs 50,000, more than 50 percent...

JPMorgan reports big jump in profits

Banking giant JP Morgan Chase reported on Friday a big jump in net profit to 3.27 billion dollars in...

Attrition in banking industry may rise in future: RBI

Reserve Bank of India Deputy Governor, K C Chakrabarty on Monday said Indian banking system may incr...

Bankers likely to meet RBI on Jan 14 ahead of policy

Relaxation in the norms relating to infrastructure lending and 70 per cent loan loss coverage ratio ...

OECD wants India to ease FDI norms on banking, insurance

The OECD has lauded India`s overseas investment policies but asked for relaxation in FDI norms for b...

House banking panel set for final regulations vote

House lawmakers are ready to clear a significant hurdle in their drive to slap new financial restrai...

Better times ahead for banking sector

Better times are ahead for the banking sector as a revival in the economic activity coupled with i...

Banks need 12 lakh business correspondents to cover rural area

Indian Banking industry needs at least 12 lakh business correspondents to work in rural areas to bri...

India, Iran to improve banking for trade

With a bilateral trade of USD 13 billion, India is considering to set up banking facilities in Ira...

Brussels imposing tough conditions on bailed-out banks

First, it was Commerzbank, ING and now Northern Rock -- European Union competition regulators are im...

LoC trade completes one year; banking facility yet to begin

Cross-LoC trade completed a year on Wednesday but the business between Jammu and Kashmir and Pakis...

Singapore`s OCBC buys ING Asia banking business

Singapore`s Oversea-Chinese Banking Corp (OCBC) Thursday announced the purchase of Dutch lender ING`...

Now stem cell banking affordable in India

Stem cell banking will now be less expensive as a prominent Chennai-based company has come up with...

ING to sell Swiss pvt banking biz for 344 mn euros

Dutch financial services major ING Group on Wednesday said it will sell its Swiss private banking ...

Barclays names Suvrat Saigal as Consumer Banking Director

Barclays Monday appointed Suvrat Saigal as Consumer Banking Director, Global retail and commercial b...

TCS sees recovery in global banking sector

Tata Consultancy Services Ltd (TCS), India`s top IT services firm by sales, expects a recovery in th...

Japan picks ex-policeman for banking minister: Report

Japan`s incoming government has picked a 72-year-old veteran politician and former policeman to take...

Nigerian bank to introduce Islamic banking system

A Nigerian bank will introduce Islamic banking system that abhors payment of interest on borrowed mo...

Liquidity adequate in the system: RBI Dy Governor

Reserve Bank Deputy Governor KC Chakrabarty on Monday allayed fears of excess liquidity in the ban...

RBI model to provide banking services in remote areas

RBI has adopted a biz correspondence model, acting as agent of a commercial bank, to provide banking...

US pitches for new intl regulatory standards for banking firms

Pitching for a revamped global regulatory framework, the US has suggested a slew of stringent capi...

Co-operative banking sector clocks double digit growth

The co-operative banking sector scenario in the country stands improved as the sector has clocked ...

Tesco grows banking service with 800 new jobs

Britain`s biggest retailer Tesco said Thursday its personal finance unit would open a customer centr...

Govt considering introduction of Banking Regulation Bill

The government on Friday said it is considering a proposal to again introduce Banking Regulation Ame...

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Blogs

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US-Pak: An affair gone wrong
Pak and US certainly can’t live without each other either.

KKR celebrations mock Bengali pride
The WB govt’s KKR celebration was ‘overboard’.

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French Open 2012

World No Tobacco Day

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