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China to end state monopoly in banks
 
Beijing, April 5, 2012 China's top leadership has agreed to reduce, if not break, the state's banking monopoly, Premier Wen Jiabao has said. This is the first time Beijing ackn...    
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Rate cuts unlikely as RBI reviews policy this week
 
Rate cuts unlikely as RBI reviews policy this week  (16:28)  Mumbai Jan 22, 2012 India Inc's hopes of a rate cut may not happen, atleast this time, even though ...    
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PNB's total business reaches Rs 6.21 lakh crore
 
Kolkata, Jan 22, 2012 State-run Punjab National Bank Sunday said its total business reached Rs 6.21 lakh crore at the end of the third quarter of fiscal 2011-12, registering a ye...    
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RBI gives banks draft guidelines on capital regulation
 
New Delhi, Dec 30, 2011 The Reserve Bank of India (RBI) Friday released draft guidelines for implementing Basel III capital regulation in India aimed at improving the banking sec...    
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Myanmar allows banks to handle remittances from abroad
 
Yangon, Dec 24, 2011 The Myanmar government Saturday allowed its banks to handle remittances from Myanmarese living in Singapore, Thailand and Malaysia, the official media report...    
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Japan's central bank holds key rate steady
 
Tokyo, Dec 21, 2011 The Bank of Japan (BOJ) Wednesday left its key short-term interest rate unchanged at virtually zero and maintained the size of its asset purchasing programme ...    
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With inflation easing, India's central bank halts rate hikes
 
Mumbai, Dec 16, 2011 India's central bank Friday kept key interest rates unchanged after as many as 13 successive hikes since early 2010, shifting its stance from taming inflatio...    
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Indian-born Canadian buying major stake in Bank of Ireland
 
Toronto, July 28, 2011 Toronto-based Fairfax Financial Holdings Ltd, which has assets worth about $32 billion and is controlled by Hyderabad-born Prem Watsa, is buying a big sta...    
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Indian American to lead US efforts to expand ties with diaspora
 
Washington, July 31, 2011 Mitul Desai, an Indian American international finance and law expert, has been brought in to State Department's South Asia bureau to lead its efforts to...    
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Corporation Bank calls special board meeting Friday
 
Chennai, June 2, 2011 The Mangalore-based Corporation Bank, now under the Central Vigilance Commissions (CVC) scanner over allegations of irregularities, has called a special boa...    
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