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Kashmiri people perform transactions at bank in Srinagar

RBI eases banks' term deposit restrictions
MUMBAI (Reuters) - The Reserve Bank of India (RBI) has removed restrictions imposed on banks which earlier prevented lenders from levying penalty on customers for foreclosure of some term deposits. The RBI said, in a notification issued on Monday, banks can formulate their own interest rate policies on foreclosure of term deposits for better asset-liability management. Earlier, the RBI had said

India's RBI eases banks' term deposit restrictions
- The Reserve Bank of India has removed restrictions imposed on banks which earlier prevented lenders from levying penalty on customers for foreclosure of some term deposits.

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CORRECTED - Greeks not alone in bank savings exodus
in May 17 story that BNP Paribas retail deposits rose during the period and adds Credit Agricole's overall customer deposit figure)

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Lessons from the Rock for Europe's banks

In November 2010, rumours swirled through financial markets that Spanish bank BBVA was suffering a run on its deposits. The share price fell before excitable traders realised they had made a mistake.

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Build debt portfolio in uncertain markets

Inflation has been a menace for over three years now. Stocks markets have gone nowhere in this period, with the possibility of a further downslide, due to worsening economic fundamentals and the debt

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Spain's Bankia asks for $24B in state aid
Spain's troubled bank, Bankia, has asked the Spanish government for €19 billion ($23.8 billion) in financial support just as a leading credit rating agency downgraded it to junk status.

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