Topics: Banks

RBI fines ICICI Bank, SBI and 17 other banks for non-compliance use of SWIFT Network

The Reserve Bank of India (RBI) has fined at least 19 lenders, including top banks such as ICICI Bank and State Bank of India,...

Reserve Bank of India proposes strick compensation norms for Private and Foreign Banks

Seeking to curb excessive salary payout practices, the Reserve Bank of India has proposed strict compensation norms for senior officials of private as well...

AIIB is likely to invest $1.4 billion in Pakistan

According to the media report, A China-based Asian Infrastructure Investments Bank (AIIB) is planning to invest $1.4 billion in Pakistan's development projects. the Express Tribune...
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Visa to acquire British payment company Earthport for $250 Mn

Visa Inc is paying 198 million pounds ($250.6 million) to buy Earthport Plc, a British firm that facilitates international transactions for banks and businesses,...

India’s largest bank SBI to suspend, internet banking services for few customers

India's largest bank, State Bank of India is planning to suspend the access of internet banking services for some of its customers who have...

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