Page 3138 - Finance News
AIG agrees to sell most of its leasing unit to Chinese investors
The $5.28-bn deal might face scrutiny of the Committee on Foreign Investment in the US
StanC to pay $327 mn to resolve US case
Gets $100-mn Fed fine for unsafe banking
Bankers, ARCs laud debt recovery amendment
Conversion of part-debt into equity to work as sop for ARCs
RBI eases KYC norms for banks
No need to insist on introduction by existing customer to open an account
IndusInd Bank raises Rs 2,000 cr via QIP
The Mumbai-based lender issued 52 mn new shares, to investors at a price of Rs 384 per share
HSBC to pay $1.92-bn fine to settle money laundering case
Also expects to reach an agreement with Britain?s Financial Services Authority
Customers banking on rival ATMs piques SBI
Bank commissions study to find reason ATM fees dip 12.35% to Rs 452 cr for April-September period
NRE deposits emerging as an attractive investment option
Experts say with lower interest rates abroad, NRIs are increasingly opening NRE a/cs
Banks get SC's backing on derivative defaults
Non-payment of dues under derivatives contract would qualify as wilful default
Banks should look at quality of data they provide: RBI director
N S Vishwanathan noted there are examples where banks have given loans to companies, which have fabricated their balance sheet