10.09 pm | 14 May 2013 |  Source: Moneycontrol.com

Cobrapost expose on alleged money laundering cases has no doubt brought many things to public notice. However, there is a need to delve deep into read...

10.23 pm | 03 May 2013 |  Source: PTI

The Reserve Bank of India on Friday said it has not given a clean chit to ICICI Bank, HDFC Bank and Axis Bank, which are accused of money laundering a...

7.58 pm | 03 May 2013 |  Source: Moneycontrol.com

Banks are in no mood to reduce interest rates anytime soon following a cut in the policy/repo rate by 25 basis points to 7.25 percent. However, a fall...

3.28 pm | 03 May 2013 |  Source: PTI

The RBI today said that its probe into their activities revealed the banks did not follow KYC norms while selling third party products. ...

2.57 pm | 01 May 2013 |  Source: CNBC-TV18

Financial services secretary Rajiv Takru says, in an interview to CNBC-TV18, that a high-powered group has been set up to examine chit funds: Takru...

2.09 pm | 29 Apr 2013 |  Source: PTI

The Reserve Bank is looking into sale of gold coins and gold-related investment products by about 30 banks to find out whether their employees are mis...

9.21 pm | 26 Apr 2013 |  Source: Moneycontrol.com

ICICI Bank has stated that an internal inquiry did not find any trace of alleged money-laundering. However, the bank has hinted at some transactional ...

11.51 am | 25 Apr 2013 |  Source: Moneycontrol.com

Axis Bank, the third largest private sector lender, gained three percent after reporting a forecast beating 22 percent year-on-year rise in its fourth...

11.14 am | 25 Apr 2013 |  Source: Reuters

Axis Bank shares rise 2.6 percent after the bank posts better-than-expected March quarter results. ...

9.41 pm | 24 Apr 2013 |  Source: Moneycontrol.com

Axis Bank has appointed KPMG, one of the big four consulting firms to carry out a forensic investigation in the alleged money laundering case. Accordi...

7.29 pm | 23 Apr 2013 |  Source: Moneycontrol.com

The contentious issue over alleged money laundering cases continues to hit the headlines. RBI deputy governor K C Chakrabarty on Monday hinted at taki...

9.56 pm | 18 Apr 2013 |  Source: CNBC-TV18

Banking secretary Rajeev Thakru said the report throws up many serious systemic and structural flaws in the processes these banks have been following....

10.16 am | 17 Apr 2013 |  Source: Moneycontrol.com

Towards the end of a financial year seasoned bank chairmen are believed to apply some shrewd tricks of business. This in turn, helps them achieve RBI ...

3.34 pm | 14 Apr 2013 |  Source: PTI

Overseas investors seem to be on a share purchase spree in the country's three leading private sector lenders- ICICI Bank, HDFC Bank and Axis Bank- ev...

5.34 pm | 11 Apr 2013 |  Source: PTI

Reserve Bank Deputy Governor H R Khan today said the RBI is initiating action against ICICI BankBSE 3.52 %, HDFC BankBSE 1.10 % and Axis BankBSE 1.00 ...