Much depends on RBI’s stance on the provisioning request Read more

“Weak controls and lack of adequate due diligence” cost the sector dearly. Read more

The Reserve Bank of India (RBI) is likely to keep the repo rate, or the rate at which it lends to banks, unchanged at 6 ... Read more

IDBI Bank on Thursday said it is continuing to pursue all legal actions to recover dues from borrowers who fraudulently ... Read more

For non-compliance of debt security norms Read more

CME Group has signed an agreement to acquire UK financial technology firm NEX Group for around £3.9bn. Read more

Karnataka Bank Ltd has reported a fraud to the tune of ₹86.47 crore. On late Wednesday evening, Karnataka Bank Ltd had... Read more

LINE and Nomura have signed memorandum of understanding (MOU) to consider financial business alliance, focused on the se... Read more

Accenture has launched a new cloud-based data analytics utility to help US banks enhance and manage their risk-managemen... Read more

Abanca Corporación Bancaria has agreed to acquire Deutsche Bank’s private and commercial banking (PCB) business in Po... Read more

Euronext has completed the acquisition of 100% of the shares and voting rights of The Irish Stock Exchange, after securi... Read more

BBVA-backed Denizen is eliminating time and cost of international banking with the world’s first borderless account. Read more

Private equity investor Equistone Partners Europe has agreed to purchase a majority stake in UK-based Small World Financ... Read more

Citi announced it will launch new mobile capabilities on the Citi Mobile App for iPhone to serve the full spectrum of cl... Read more

While you've likely heard that the Tax Cuts and Jobs Act (TCJA) changed many tax rules, what rules apply now that you'r... Read more