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ICICI will acquire a bank of right size and valuation: Kochhar

Last Updated: Monday, July 07, 2014, 14:16

ICICI Bank will look at acquiring a bank if it finds one with the right size and right valuation, but is yet to find a takeover target that fits in its evaluation model, the bank chief Chanda Kochhar said.

EU banks watchdog advises lenders to shun bitcoins

Last Updated: Friday, July 04, 2014, 20:33

Bitcoin started circulating in 2009, and acceptance has been growing as more merchants allow customers to pay for goods and services in the currency.

India yet to tap potential of mBanking: Report

Last Updated: Friday, July 04, 2014, 20:10

Only a quarter of Indian adults have either an active bank account or an active mobile money account.

Indian Bank revises interest rates on FCNR (B) deposits

Last Updated: Thursday, July 03, 2014, 14:41

State-run Indian Bank has revised the interest rates on foreign currency non-resident (banking) deposits with immediate effect.

Bulgaria scrambles to stop bank run after EU approves aid

Last Updated: Monday, June 30, 2014, 23:30

Bulgaria on Monday scrambled to reassure savers its beleaguered banking system was "functioning normally" after Brussels extended a credit line to stop a run on two banks turning into a full-blown crisis.

BCSBI to put customer service ratings of banks in public domain

Last Updated: Sunday, June 29, 2014, 19:20

To make banks more focused towards customer service, Banking Codes and Standards Board of India (BCSBI) is planning to make public the ratings given to its member banks on the basis of level of code compliance.

Two big banks have 2/3rd of all Swiss money of Indians

Last Updated: Friday, June 20, 2014, 17:59

It is just two big banks -- UBS and Credit Suisse -- which appear to be accounting for almost two-third of the total money held by Indians in Swiss banking system, known for their famed secrecy walls.

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.

RBI reviewing regulatory framework for unregulated NBFCs

Last Updated: Monday, June 16, 2014, 21:48

The Reserve Bank Monday said it is in the process of reviewing the regulatory framework for unregulated non-banking finance companies with a view to check financial frauds.

MFs' exposure to bank stocks hits record high at Rs 48,000 cr

Last Updated: Monday, June 16, 2014, 15:06

MF industry has the highest exposure to banking sector since at least August 2009.

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.

SBI to organise banking and economics conclave on June 17

Last Updated: Sunday, June 15, 2014, 14:17

The conclave will be on the lines of 'Bancon', an event organised by Indian Bank's Association each year.