Finance

First Financial Bancorp Completes Merger With MainSource Financial Group

First Financial Bancorp has completed the previously announced merger with MainSource Financial Group. Read more

This Year Trade Lucky For Good

Here are four ways to create your own luck; no clover or horshoe required. Read more

Barclays Agrees To Pay $2bn To Settle Mortgage Probes In US

UK-based Barclays Capital has signed an agreement with the US Department of Justice (DoJ) to pay $2bn to settle claims r... Read more

Bank Of America To Open 600 Additional Merrill Edge Investment Centers

Bank of America plans to open 600 new Merrill Edge investment centers within its expanding coast-to-coast financial cent... Read more

Indian Banking Saw Frauds Worth ₹18,170 Cr In FY17: IiAS

The domestic banking sector reported 12,533 frauds, aggregating to ₹18,170 crore in FY17, proxy advisory form IiAS has... Read more

RBI Slaps ₹58.9-crore Penalty On ICICI Bank For Violating Security Sale Guidelines

The Reserve Bank of India has slapped a monetary penalty of ₹58.9 crore on ICICI Bank for non-compliance with regulato... Read more

Nirav Modi Scam: PNB Yet To Decide On How To Account For Losses

Much depends on RBI’s stance on the provisioning request Read more

Frauds Cost ₹18,170 Cr To Banking Sector In FY17: Report

“Weak controls and lack of adequate due diligence” cost the sector dearly. Read more

RBI May Keep Repo Rate Unchanged In April: Report

The Reserve Bank of India (RBI) is likely to keep the repo rate, or the rate at which it lends to banks, unchanged at 6 ... Read more

Pisciculture Loan Fraud: IDBI Bank Pursuing Legal Action Against Borrowers

IDBI Bank on Thursday said it is continuing to pursue all legal actions to recover dues from borrowers who fraudulently ... Read more

RBI Imposes Rs 59 Cr Penalty On ICICI Bank

For non-compliance of debt security norms Read more

CME Group To Buy UK Financial Technology Firm NEX Group For £3.9bn

CME Group has signed an agreement to acquire UK financial technology firm NEX Group for around £3.9bn. Read more

Karnataka Bank Reports ₹86.5 Cr Fraud

Karnataka Bank Ltd has reported a fraud to the tune of ₹86.47 crore. On late Wednesday evening, Karnataka Bank Ltd had... Read more

LINE, Nomura Sign MOU For Financial Business Alliance

LINE and Nomura have signed memorandum of understanding (MOU) to consider financial business alliance, focused on the se... Read more

Accenture Launches Cloud-based Analytics Utility For US Banks

Accenture has launched a new cloud-based data analytics utility to help US banks enhance and manage their risk-managemen... Read more