Banking Sector

The Russian central bank proposed cracking down on cryptocurrencies, a move which if adopted could disrupt the burgeoning virtual money sector as Russia is one of the largest crypto-mining nations in the world.

Quite in sync with mutual fund products like ELSS, banks have advocated for lowering of fixed deposit tenure to three years to avail tax benefits

Pakistan, that houses the third largest number of crypto users in the world, is deciding if it should ban the crypto sector all-together. The country’s central bank has told the Sindh High Court that cryptocurrencies are illegal and unusable as trade assets.

A digital pound used by consumers could harm financial stability, raise the cost of credit, and erode privacy, though a version for wholesale use in the financial sector demands greater appraisal, British lawmakers said.

HDFC Bank reigns over the banking industry. However, ICICI Bank is inching closer in terms of financial performance. Which bank will emerge as a leader?

The appointment of an RBI official on the board of a private sector bank is not usually seen as a normal phenomenon.

Gross non performing assets of banks may rise from 6.9 per cent in September 2021 to 9.5 per cent by September 2022 under severe stress scenario

RBI has said that the banking sector needs to tighten its corporate governance and risk management practices to counter Covid-induced challenges

Finance Minister Nirmala Sitharaman told Parliament on Tuesday that the union cabinet has not taken any decision to privatise two public sector banks

Private sector lender CSB Bank on Tuesday said it has been empanelled as an 'agency bank' by the Reserve Bank of India (RBI) to undertake general banking business of central and state governments.

Regulations on the crypto sector in India have been postponed for now, as the government has decided to see how the other nations are planning on doing the same. The crypto bill seeking operational prohibitions on private cryptocurrencies did not reach the parliament in this winter session.

Prime Minister Narendra Modi on Monday met with chief executives of leading companies across sectors ranging from banking to telecom, to health and electronics, for inputs for the next year's Budget.

Selling pressure was visible across the sectors as all the 15 sector gauges compiled by the National Stock Exchange were trading lower.

The World Bank's Board of Executive Directors has approved USD 195 million loan for Pakistan in order to improve electricity distribution and implement energy sector reforms to increase service quality for consumers.

The government is considering changes that would make it easier to lower its stake in state-run banks, a key step in Prime Minister Narendra Modi's plan to unclog credit flow to the economy.

The Russian central bank proposed cracking down on cryptocurrencies, a move which if adopted could disrupt the burgeoning virtual money sector as Russia is one of the largest crypto-mining nations in the world.

Quite in sync with mutual fund products like ELSS, banks have advocated for lowering of fixed deposit tenure to three years to avail tax benefits

Pakistan, that houses the third largest number of crypto users in the world, is deciding if it should ban the crypto sector all-together. The country’s central bank has told the Sindh High Court that cryptocurrencies are illegal and unusable as trade assets.

A digital pound used by consumers could harm financial stability, raise the cost of credit, and erode privacy, though a version for wholesale use in the financial sector demands greater appraisal, British lawmakers said.

HDFC Bank reigns over the banking industry. However, ICICI Bank is inching closer in terms of financial performance. Which bank will emerge as a leader?

The appointment of an RBI official on the board of a private sector bank is not usually seen as a normal phenomenon.

Gross non performing assets of banks may rise from 6.9 per cent in September 2021 to 9.5 per cent by September 2022 under severe stress scenario

RBI has said that the banking sector needs to tighten its corporate governance and risk management practices to counter Covid-induced challenges

Finance Minister Nirmala Sitharaman told Parliament on Tuesday that the union cabinet has not taken any decision to privatise two public sector banks

Private sector lender CSB Bank on Tuesday said it has been empanelled as an 'agency bank' by the Reserve Bank of India (RBI) to undertake general banking business of central and state governments.

Regulations on the crypto sector in India have been postponed for now, as the government has decided to see how the other nations are planning on doing the same. The crypto bill seeking operational prohibitions on private cryptocurrencies did not reach the parliament in this winter session.

Prime Minister Narendra Modi on Monday met with chief executives of leading companies across sectors ranging from banking to telecom, to health and electronics, for inputs for the next year's Budget.

Selling pressure was visible across the sectors as all the 15 sector gauges compiled by the National Stock Exchange were trading lower.

The World Bank's Board of Executive Directors has approved USD 195 million loan for Pakistan in order to improve electricity distribution and implement energy sector reforms to increase service quality for consumers.

The government is considering changes that would make it easier to lower its stake in state-run banks, a key step in Prime Minister Narendra Modi's plan to unclog credit flow to the economy.