Indian companies apply for banking licences: The complete list

The Reserve Bank of India said on Monday it had received 26 applications for new bank licences, with Tata Sons Ltd, the holding company for India's largest conglomerate, among those seeking to set......

Citi, HSBC among biggest subprime loan originators

As the world continues to reel under the financial turmoil that started with risky subprime lending, a new study has found that Citigroup, HSBC and AIG are among the 25 biggest originators of such......

Global financial sector worries, flu batter market

The domestic stock markets witnessed their biggest fall in over a month as investors booked profits on fresh concerns about the financial sector and fears of a flu pandemic dampening sentiment......

US banks to post first overall quarterly loss

Banks and saving institutions in the US appear headed for their first overall quarterly loss since 1990, as troubled loans pile up faster than the federal government's unprecedented efforts to aid......