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FinMin examining issues concerning merger of PSU banks: Sandhu

FinMin examining issues concerning merger of PSU banks: Sandhu

Last Updated: Saturday, July 12, 2014, 17:54

Finance Ministry on Saturday said it is examining various issues pertaining to mergers of public sector banks and that there will be some forward movement in the current year itself.

Number of EU banks down in 2013: ECB

Number of EU banks down in 2013: ECB

Last Updated: Friday, July 11, 2014, 21:57

The number of domestic banks and credit institutions in Europe and the eurozone declined in 2013, confirming a downtrend seen for a number of years, new data showed on Friday.

Swamy apprises Prez about his `findings` on black money

Last Updated: Thursday, July 10, 2014, 15:27

BJP leader Subramanian Swamy Thursday met President Pranab Mukherjee and apprised him of his "findings on the black money deposits of Indian politicians abroad," according to a statement issued by him.

Swamy apprises Prez about his `findings` on black money

Last Updated: Thursday, July 10, 2014, 15:27

BJP leader Subramanian Swamy Thursday met President Pranab Mukherjee and apprised him of his "findings on the black money deposits of Indian politicians abroad," according to a statement issued by him.

PSU banks stock down after Budget announcement

Last Updated: Thursday, July 10, 2014, 13:10

Shares of public sector banks declined by as much as 4.3 percent after Finance Minister Arun Jaitley Thursday said the lenders would require Rs 2.40 lakh crore capital by 2018 to meet global Basel III norms.

No proposal to dilute govt ownership in PSBs below 50%: Govt

Last Updated: Tuesday, July 08, 2014, 19:21

The government on Tuesday said there is no proposal to dilute its ownership in public sector banks (PSBs) below 50 percent.

Over Rs 5,000 cr lying unclaimed with banks

Last Updated: Tuesday, July 08, 2014, 18:51

Banks had Rs 5,124 crore in unclaimed deposits lying with them as of December 31, 2013, Parliament was informed Tuesday.

No list of Indians holding money in Swiss banks: FM

Last Updated: Tuesday, July 08, 2014, 18:48

India has been told four days ago that there is no list of Indian tax residents holding assets in Swiss Banks in their own name or through structures, the Rajya Sabha was informed Tuesday.

US in sanctions talks with Commerzbank and Deutsche

Last Updated: Tuesday, July 08, 2014, 16:39

The talks with state and federal authorities have just begun, a source with direct knowledge of the regulatory investigations told Reuters.

Want euros in London? Don’t ask your bank

Last Updated: Monday, July 07, 2014, 16:17

The exchange rates on the board are not even the best ones Sakthi and his colleagues give bigger or regular clients.

Central banks ending era of clear promises, return to ''artful'' policy

Last Updated: Monday, July 07, 2014, 15:07

The world`s major central banks are returning to a more opaque and artful approach to policymaking, ending a crisis-era experiment with explicit promises that they found risked their credibility and did not substitute for action.

Black money: Make requests that are 'justified', say Swiss banks to India

Last Updated: Sunday, July 06, 2014, 17:23

As India steps up pressure on Swiss authorities in its pursuit of alleged black money, banks in Switzerland say they follow strict rules and the requests from Indian authorities must be "properly justified".