SBI says 'future ready' with transaction speed of 15,000 per sec
SBI has attained the speed of 15,000 transactions per second as against the current utilisation of only 4,600/second, and is "future ready", the country's largest lender told its shareholders.
Jun 07, 2017, 20:27 PM IST
Loss of small-country bank access risks 'systemic' disruptions: IMF chief
The loss of correspondent banking relationships in developing countries as major banks try to limit risk exposures could marginalise small economies and cause "systemic" disruptions to their financial systems, the head of the International Monetary Fund said on Monday.
Jul 19, 2016, 09:37 AM IST
Global banks to steer clear of Iran until sanctions finally go
International banks and most insurers are likely to steer clear of dealing with Iran for some time, fearing they could face more fines from U.S. regulators despite this week`s nuclear deal between world powers and Tehran.
Jul 17, 2015, 00:15 AM IST
Late to the party, global banks try to muscle into India's start-up boom
Foreign money has been pouring into India`s fast-growing e-commerce sector, with investors ranging from Japan`s Softbank Corp to Singapore`s Temasek Holdings and GIC Private Ltd piling in.
May 11, 2015, 08:34 AM IST
New rules on global banks' interest-rate risks face delays: Sources
Efforts to protect the world`s banks from interest-rate risks are bogged down, with an agreement on new rules likely to be delayed by at least several months, people involved in the discussions said.
Apr 03, 2015, 22:08 PM IST
US seeks billions from global banks in currency investigation
The US Justice Department is seeking about $1 billion each from global banks being investigated for manipulation of currency markets, Bloomberg reported on Friday, citing people familiar with the talks.
Mar 14, 2015, 09:36 AM IST
Global banks join hands to set up one-stop bond shop: Report
The banks, which include BNP Paribas SA, Credit Suisse Group AG, Goldman Sachs Group Inc, HSBC Holdings and JP Morgan Chase & Co, are set to pay $47,934 each for the first phase of consultancy work.
Oct 06, 2014, 12:54 PM IST
G20 plans to help banks apply similar capital rules
The group of 20 of the world`s biggest economies said the proposal was set in motion for their Brisbane leaders` summit in November and would further strengthen existing financial regulatory reforms.
Sep 21, 2014, 09:45 AM IST
