Banking Sector

RBI Signs MoU With Uttar Pradesh Govt.

The Reserve Bank of India (RBI) has signed up a memorandum of RBIunderstanding (MoU) with the Uttar Pradesh

Singapore bank signs deal with Chinese bank card association

Singapore BankSingapore - United Overseas Bank (UOB) has signed a deal with a Chinese bank

DCB denies merger plans with any bank

Mumbai-based Private Sector lender, Development Credit Bank (DCB) on Thursday clarified that the bank is not in discussion with any bank for merger

TCI Cyprus Holding raises stake in Indian Public Sector banks

TCI Cyprus Holdings, a London-based hedge fund, has informed that it has acquired 3.45% stake of State-run lender, Indian Overseas Bank (IOB), taking its holdings in the bank to 7.66%.

Citigroup may sell 12 billion dollars of loans

United StatesNew York -  US banking firm Citigroup is in negotiations to sell 12 bill

ICICI Bank launches “Global Indian Account” facility

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