Banking Sector
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Banking Sector Must Continue To Innovate, Lead Amid Changing Landscape: N Sitharaman
Finance Minister Nirmala Sitharaman on Saturday said the banking sector must continue to innovate and lead amid the changing global landscape
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Banking Sector Witnessing A Decade-High Performance: RBI
As India aims to become the world's third largest economy soon, the banking sector is undergoing a decade-high performance in financial metrics, according to Swaminathan J, Deputy Governor of the Reserve Bank of India (RBI).
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"Dangerous": P Chidambaram Joins Raghuram Rajan On Warning Over Bank Plan
Former finance minister P Chidambaram has issued a blistering criticism of the Reserve Bank's proposal to allow corporates to enter the banking sector and set up banks, calling it a "dangerous agenda" that is "part of a deeper game plan to control the banking industry", making the RBI the "cat's paw". If this proposal is implemented, he said it wou...
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Public Sector Banks On Strike Today, Services Affected
Operations at public sector banks across the country were impacted today due to a strike called by unions against the proposed merger of Vijaya Bank and Dena Bank with Bank of Baroda.
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Demonetisation Changed Savings Behaviour Of Indians
The Indian central bank's final tally of Prime Minister Narendra Modi's 2016 demonetization drive, intended to take money derived from tax evasion out of circulation, showed that 99.3 percent of outlawed high-value banknotes had been returned.
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Banking Crisis Worsens, Modi Government To Blame - By Yashwant Sinha
There is no end to bad news from the banking sector of our economy. That it has not been in good health for some years was well known, but further evidence of its very poor health became public when it was disclosed a few days ago that the public sector banks have together suffered a whopping loss of 8,50,370 crore in financial year 2017-2018 compa...
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Large Number of NPAs Due To Loans Granted Before April 1, 2014: Arun Jaitley
Finance Minister Arun Jaitley made it clear that the government has not written off any bank loan and the liability of the borrowers for repayment of these loans remained.
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Public Sector Banks To Get Rs 2.11 Lakh Crore, A 'Bold' Step, Says Arun Jaitley
Finance Minister Arun Jaitley said that the lending spree of public sector banks during 2008-14 had resulted in the bulk of the bad loans in the banking system.
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SBI Q1 Profit Falls 20%, Bad Loans Situation Worsens
The state-run State Bank of India is the nation's biggest lender by assets.
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Once Again, India's Banks Are The Fiefdom Of The Rich
Private banking knows that the growth figures being trotted out by the government are a dangerous illusion. PSBs, alas, do not have the privilege of making up their own minds. They neglect due diligence because they are obliged to echo their Masters' Voice. They have to accept, not question, the government's assessment of growth and potential.
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Moody's Upgrades India's Banking Sector Outlook to 'Stable'
Moody's Investors Service today upgraded its outlook for India's banking system to 'stable' from 'negative' on expectation that a gradual improvement in the operating environment for lenders will lead to lesser growth in bad loans in future.
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Greece Likely to Meet Deadline for Bank Money Release: Euro Zone Officials
Greece is likely to qualify for recapitalisation funds for its banks by a Nov. 15 deadline because the payment depends mainly on financial sector reforms that it can implement by then, euro zone officials said on Friday.
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5 Reasons Why 15 Crore Workers Are On Strike In India Today
Some 15 crore workers across India are on a "Bharat Bandh" or one-day strike against changes in labour laws that they believe will put jobs at risk.
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Strike hits public sector banking services
With nearly half a million bank employees joining a nationwide strike on Thursday banking operations were affected in many parts of the country.
-
Banking Sector Must Continue To Innovate, Lead Amid Changing Landscape: N Sitharaman
Finance Minister Nirmala Sitharaman on Saturday said the banking sector must continue to innovate and lead amid the changing global landscape
-
Banking Sector Witnessing A Decade-High Performance: RBI
As India aims to become the world's third largest economy soon, the banking sector is undergoing a decade-high performance in financial metrics, according to Swaminathan J, Deputy Governor of the Reserve Bank of India (RBI).
-
"Dangerous": P Chidambaram Joins Raghuram Rajan On Warning Over Bank Plan
Former finance minister P Chidambaram has issued a blistering criticism of the Reserve Bank's proposal to allow corporates to enter the banking sector and set up banks, calling it a "dangerous agenda" that is "part of a deeper game plan to control the banking industry", making the RBI the "cat's paw". If this proposal is implemented, he said it wou...
-
Public Sector Banks On Strike Today, Services Affected
Operations at public sector banks across the country were impacted today due to a strike called by unions against the proposed merger of Vijaya Bank and Dena Bank with Bank of Baroda.
-
Demonetisation Changed Savings Behaviour Of Indians
The Indian central bank's final tally of Prime Minister Narendra Modi's 2016 demonetization drive, intended to take money derived from tax evasion out of circulation, showed that 99.3 percent of outlawed high-value banknotes had been returned.
-
Banking Crisis Worsens, Modi Government To Blame - By Yashwant Sinha
There is no end to bad news from the banking sector of our economy. That it has not been in good health for some years was well known, but further evidence of its very poor health became public when it was disclosed a few days ago that the public sector banks have together suffered a whopping loss of 8,50,370 crore in financial year 2017-2018 compa...
-
Large Number of NPAs Due To Loans Granted Before April 1, 2014: Arun Jaitley
Finance Minister Arun Jaitley made it clear that the government has not written off any bank loan and the liability of the borrowers for repayment of these loans remained.
-
Public Sector Banks To Get Rs 2.11 Lakh Crore, A 'Bold' Step, Says Arun Jaitley
Finance Minister Arun Jaitley said that the lending spree of public sector banks during 2008-14 had resulted in the bulk of the bad loans in the banking system.
-
SBI Q1 Profit Falls 20%, Bad Loans Situation Worsens
The state-run State Bank of India is the nation's biggest lender by assets.
-
Once Again, India's Banks Are The Fiefdom Of The Rich
Private banking knows that the growth figures being trotted out by the government are a dangerous illusion. PSBs, alas, do not have the privilege of making up their own minds. They neglect due diligence because they are obliged to echo their Masters' Voice. They have to accept, not question, the government's assessment of growth and potential.
-
Moody's Upgrades India's Banking Sector Outlook to 'Stable'
Moody's Investors Service today upgraded its outlook for India's banking system to 'stable' from 'negative' on expectation that a gradual improvement in the operating environment for lenders will lead to lesser growth in bad loans in future.
-
Greece Likely to Meet Deadline for Bank Money Release: Euro Zone Officials
Greece is likely to qualify for recapitalisation funds for its banks by a Nov. 15 deadline because the payment depends mainly on financial sector reforms that it can implement by then, euro zone officials said on Friday.
-
5 Reasons Why 15 Crore Workers Are On Strike In India Today
Some 15 crore workers across India are on a "Bharat Bandh" or one-day strike against changes in labour laws that they believe will put jobs at risk.
-
Strike hits public sector banking services
With nearly half a million bank employees joining a nationwide strike on Thursday banking operations were affected in many parts of the country.
