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Articles for Banking

SBI Sets Lending Rates Under New Rules

State Bank of India has set lending rates under new rules that are aimed at improving transmission of policy rate cuts and also making bank loans more competitive

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China-Led AIIB Eyes First Loans To India

India, the bank's second biggest shareholder after China, is looking to borrow from the AIIB, a senior official said

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HDFC Bank: Miles Ahead

The bank’s success is linked to Aditya Puri’s, (MD, HDFC Bank) own personality — a no-nonsense, conservative banker

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RBI May Go For A 'Measured' Cut Next Week: DBS

Reserve Bank of India is likely to approach policy easing with caution and go for a measured cut next week amid recent bounce in global oil prices and partial implementation of a public sector wage bill, says a report

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Japan Firms Could Stash Cash In Safes If Rates Go Negative

A popular series of company safes from Secom Co Ltd can be crammed with some 150 million yen to 1.6 billion yen ($1.3 million-$14 million) in Japan's biggest-denomination bills

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Credit Suisse Steps Up Cost Cuts In Tough markets

The cuts include eliminating 2,000 jobs at its Global Markets business to better weather challenging market conditions, Switzerland's second-biggest bank said

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40 Banks Apply For Selling Multiple Insurers' Policies

Banks are allowed to sell policies of up to three insurers in each of the segments - health, life and general

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Banks To Remain Closed For Four Days From Thursday

Banks are closed on second and fourth Saturdays every month. Hence, bank staff in many states will get four continuous off days

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