Indian Banking Sector


'Indian Banking Sector' - 17 News Result(s)

  • Opinion: Demonetisation Changed Savings Behaviour Of Indians

    Opinion: 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.

  • PM Launches India's Largest Payments Bank With Shot At Congress: 10 Facts

    PM Launches India's Largest Payments Bank With Shot At Congress: 10 Facts

    Prime Minister Narendra Modi on Saturday launched the India Post Payments Bank or IPPB -- the largest payments bank in the country by network size. A payments bank operates on a small scale; it carries out most banking operations but cannot give loans or issue credit cards directly. The new bank will leverage the postal department's vast network ac...

  • Bank Strike On August 22 To Protest Against Proposed Reforms

    Bank Strike On August 22 To Protest Against Proposed Reforms

    The government is ushering in privatisation and consolidation in the Indian banking sector in the garb of reforms, says West Bengal convenor of UFBU Siddhartha Khan.

  • RBI Uncovers Rs 4,000 Crore In Unreported Bad Loans At Yes Bank, Shares Fall

    RBI Uncovers Rs 4,000 Crore In Unreported Bad Loans At Yes Bank, Shares Fall

    While Yes Bank declared Rs 748.98 crore of gross NPAs as on March 31, 2016, RBI's assessment showed the same to be at Rs 4,925.68 crore.

  • Banks Looking At Lowering Savings Account Interest Rates: Jefferies

    Banks Looking At Lowering Savings Account Interest Rates: Jefferies

    With falling loan-deposit ratios, a weak loan growth and compressing spreads, banks are looking at the possibility of lowering the savings interest rates, Jefferies said.

  • Fitch Retains 'Negative' Outlook For India's Banking Sector

    Fitch Retains 'Negative' Outlook For India's Banking Sector

    Fitch Ratings said the government's move to remove higher-value banknotes from circulation would lead to a surge in deposits, allowing lenders to eventually lower lending rates.

  • Swift Action To Be Taken In Debit Card Data Compromise: Finance Ministry

    Swift Action To Be Taken In Debit Card Data Compromise: Finance Ministry

    Promising swift action on the debit card data compromise issue, Economic Affairs Secretary Shaktikanta Das said there is no need to panic over the feared security breach that affected over 32 lakh cards.

  • Fitch Downgrades Indian Banking Outlook To Negative

    Fitch Downgrades Indian Banking Outlook To Negative

    Rating agency Fitch has downgraded its outlook on the Indian banking sector to negative, from stable, due to more downside risks emanating from rising stressed loans and weak corporate earnings, which may further roil banks.

  • 'Weak Underbelly' Of Indian Banking Exposed: Uday Kotak

    'Weak Underbelly' Of Indian Banking Exposed: Uday Kotak

    Warning of "more bad news" on the stressed loans front in the Indian banking sector, eminent banker Uday Kotak has said its "weak underbelly" has "resurfaced strongly" and the story is not over yet, though lenders have begun cleaning up their books.

  • DBS Sees Growth Opportunity In Bad Loans-Affected Indian Banking Sector

    DBS Sees Growth Opportunity In Bad Loans-Affected Indian Banking Sector

    Singaporean lender DBS Bank sees capital constraints in the bad assets-saddled Indian banking sector as an opportunity to grow in this strategically important market.

  • US business body welcomes Indian banking sector reform

    US business body welcomes Indian banking sector reform

    The central bank on Wednesday permitted wholly-owned subsidiary (WOS) of foreign banks to acquire domestic private sector banks as well as set up branches anywhere in the country. It also allowed foreign bank subsidiary to list on local stock exchanges.

  • Indian government pushes banks to go rural, but will it pay?

    Indian government pushes banks to go rural, but will it pay?

    New Delhi plans to directly transfer cash payments for subsidies into these accounts, a move aimed at tackling graft in India's creaky, corruption-ridden public distribution system. If successful, the initiative could also bring modern banking to the doorstep of rural India, a goal towards which progress has so far been fitful despite mandatory tar...

  • Do rising NPAs reflect an ailing banking sector?

    Do rising NPAs reflect an ailing banking sector?

    As worries about an economic slowdown rise investors are starting to fear that the prospects of the Indian banking sector may also turn shaky. Concerns that have been evident on bank stocks in recent days.

  • S&P's views have offset Moody's downgrade of banking: Montek

    Appreciating the views of Standard & Poor's on the Indian banking sector, Planning Commission Deputy Chairman Montek Singh Ahluwalia said the rating agency has corrected the negative signals given by its global rival Moody's on Friday. "I am happier at the outcome. The earlier Moody's downgrade has been offset by S&P. What S&P has said has a...

  • Downgrade unjustified, Indian banking sector stable: Bankers

    Bankers today criticized Moody's downgrading of Indian banking sector saying it was unjustified and unwarranted.   "Indian banking system is not at risk. The downgrade is not justified at this point of time because it is premature," HDFC Chairman Deepak Parekh said.   He was responding to the decision of the US based ra...

'Indian Banking Sector' - 16 Video Result(s)

'Indian Banking Sector' - 17 News Result(s)

  • Opinion: Demonetisation Changed Savings Behaviour Of Indians

    Opinion: 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.

  • PM Launches India's Largest Payments Bank With Shot At Congress: 10 Facts

    PM Launches India's Largest Payments Bank With Shot At Congress: 10 Facts

    Prime Minister Narendra Modi on Saturday launched the India Post Payments Bank or IPPB -- the largest payments bank in the country by network size. A payments bank operates on a small scale; it carries out most banking operations but cannot give loans or issue credit cards directly. The new bank will leverage the postal department's vast network ac...

  • Bank Strike On August 22 To Protest Against Proposed Reforms

    Bank Strike On August 22 To Protest Against Proposed Reforms

    The government is ushering in privatisation and consolidation in the Indian banking sector in the garb of reforms, says West Bengal convenor of UFBU Siddhartha Khan.

  • RBI Uncovers Rs 4,000 Crore In Unreported Bad Loans At Yes Bank, Shares Fall

    RBI Uncovers Rs 4,000 Crore In Unreported Bad Loans At Yes Bank, Shares Fall

    While Yes Bank declared Rs 748.98 crore of gross NPAs as on March 31, 2016, RBI's assessment showed the same to be at Rs 4,925.68 crore.

  • Banks Looking At Lowering Savings Account Interest Rates: Jefferies

    Banks Looking At Lowering Savings Account Interest Rates: Jefferies

    With falling loan-deposit ratios, a weak loan growth and compressing spreads, banks are looking at the possibility of lowering the savings interest rates, Jefferies said.

  • Fitch Retains 'Negative' Outlook For India's Banking Sector

    Fitch Retains 'Negative' Outlook For India's Banking Sector

    Fitch Ratings said the government's move to remove higher-value banknotes from circulation would lead to a surge in deposits, allowing lenders to eventually lower lending rates.

  • Swift Action To Be Taken In Debit Card Data Compromise: Finance Ministry

    Swift Action To Be Taken In Debit Card Data Compromise: Finance Ministry

    Promising swift action on the debit card data compromise issue, Economic Affairs Secretary Shaktikanta Das said there is no need to panic over the feared security breach that affected over 32 lakh cards.

  • Fitch Downgrades Indian Banking Outlook To Negative

    Fitch Downgrades Indian Banking Outlook To Negative

    Rating agency Fitch has downgraded its outlook on the Indian banking sector to negative, from stable, due to more downside risks emanating from rising stressed loans and weak corporate earnings, which may further roil banks.

  • 'Weak Underbelly' Of Indian Banking Exposed: Uday Kotak

    'Weak Underbelly' Of Indian Banking Exposed: Uday Kotak

    Warning of "more bad news" on the stressed loans front in the Indian banking sector, eminent banker Uday Kotak has said its "weak underbelly" has "resurfaced strongly" and the story is not over yet, though lenders have begun cleaning up their books.

  • DBS Sees Growth Opportunity In Bad Loans-Affected Indian Banking Sector

    DBS Sees Growth Opportunity In Bad Loans-Affected Indian Banking Sector

    Singaporean lender DBS Bank sees capital constraints in the bad assets-saddled Indian banking sector as an opportunity to grow in this strategically important market.

  • US business body welcomes Indian banking sector reform

    US business body welcomes Indian banking sector reform

    The central bank on Wednesday permitted wholly-owned subsidiary (WOS) of foreign banks to acquire domestic private sector banks as well as set up branches anywhere in the country. It also allowed foreign bank subsidiary to list on local stock exchanges.

  • Indian government pushes banks to go rural, but will it pay?

    Indian government pushes banks to go rural, but will it pay?

    New Delhi plans to directly transfer cash payments for subsidies into these accounts, a move aimed at tackling graft in India's creaky, corruption-ridden public distribution system. If successful, the initiative could also bring modern banking to the doorstep of rural India, a goal towards which progress has so far been fitful despite mandatory tar...

  • Do rising NPAs reflect an ailing banking sector?

    Do rising NPAs reflect an ailing banking sector?

    As worries about an economic slowdown rise investors are starting to fear that the prospects of the Indian banking sector may also turn shaky. Concerns that have been evident on bank stocks in recent days.

  • S&P's views have offset Moody's downgrade of banking: Montek

    Appreciating the views of Standard & Poor's on the Indian banking sector, Planning Commission Deputy Chairman Montek Singh Ahluwalia said the rating agency has corrected the negative signals given by its global rival Moody's on Friday. "I am happier at the outcome. The earlier Moody's downgrade has been offset by S&P. What S&P has said has a...

  • Downgrade unjustified, Indian banking sector stable: Bankers

    Bankers today criticized Moody's downgrading of Indian banking sector saying it was unjustified and unwarranted.   "Indian banking system is not at risk. The downgrade is not justified at this point of time because it is premature," HDFC Chairman Deepak Parekh said.   He was responding to the decision of the US based ra...

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