One of India’s auto-loans major and the largest private sector bank, ICICI 
Bank has decided to source two-wheeler loans only through its branches and not at the dealers' end.
The bank has discontinued its two-wheeler loans at dealer's end effective August 15, 2008.
Under its revised conditions, the two-wheeler loans now will only be available through its branches. However for cars, it would continue lending from the dealers’ showrooms.
According to the ICICI, The shift in the strategy is due to high operating costs.
State-run Corporation Bank has informed that the members at the annual general meeting held at Mangalore have approved the final accounts and have also approved 60% final dividend (Rs 6 per share) dividend on the shares of the face value of Rs 10 each.
New Delhi, August 8 : The Punjab and Sind Bank can now go for an Initial Public Offer at a reasonable premium for raising additional capital from the market.
- Britain's Royal Bank of Scotland (RBS) Friday reported a pre-tax loss of 691 million pounds (1.38 billion dollars) in the first six months of 2008 which experts said was one of the biggest losses in British banking history. 
