Commercial Bank

Mega International Commercial Bank had already been hit with a USD 180 million fine last month by US regulators after they uncovered "suspicious transactions" between its New York and Panama branches.

Indiabulls Housing to buy 40% in UK bank for $100 mn

The company said the acquisition will help it chart a roadmap to a deposit-taking franchise.

DCB Bank Limited and Western Union Business Solutions to Support Indian SME‘s Engage in Cross-border Trade

DCB Bank Limited (formerly Development Credit Bank Ltd.) and Western Union Business Solutions, a business ...

Saraswat Bk to take 'considered view' on turning commercial

It can be noted that the Saraswat Bank management had first broached the idea of changing the character in 2010, saying such a move will be beneficial for capital raising, especially given its ambitious expansion plans.

GE to sell healthcare finance biz to Capital One for $9 bn

The deal, which includes the sale of healthcare-related loans worth USD 8.5 billion, brings GE one step closer to achieving its target of shedding about USD 100 billion worth of finance assets by the end of this year.

Former SBI boss joins Tata Steel as independent director

Tata Steel BSE -0.55 percent has appointed former SBI BSE -0.55 percent Chairman O P Bhatt as additional non-executive independent director in hte company with effect from today.

NTPC to receive Rs 10,000 cr loan from SBI

Country's largest power producer NTPC today said it has inked a Rs 10,000 crore (over USD 2 billion) loan agreement with State Bank of India for financing its projects.

China raises bank reserve requirements, more expected

China's central bank increased the reserve requirement ratio for its commercial banks by another 50 basis points on Thursday, extending its campaign to calm prices despite initial signs of slowing in the economy.

The ICICI story: Grooming born leaders from within the bank

KV Kamath, Chairman, ICICI Bank, Chanda Kochhar, MD & CEO, ICICI Bank and K Ramkumar, Executive Director, ICICI Bank, in an exclusive interview with CNBC-TV18’s Senthil Chengalvarayan, talk about how the leadership role at ICICI has evolved over the years.