Quoting data released on Friday for prices of new apartments in 70 large and medium-sized cities across China, Goldman Sachs calculated that prices fell in August at a seasonally adjusted annual rate of 2.9 per cent, compared with 2.6 per cent in July.
Gurgaon (Haryana) [India], September 13: Foundational shifts across the banking and finance sector are presently underway, with a transformative focus on digital, workforce and Environment, Social and Governance (ESG) priorities, according to Colliers. Having invested significantly in techno
Bengaluru (Karnataka) [India], September 12: UST, a leading digital transformation solutions company, and mistEO, a climate fintech company, have announced their strategic partnership to address the pressing need for accurate, localized weather and climate risk data in the insurance and bank
The report discusses global and local macroeconomic conditions, and domestic asset markets, and provides a detailed assessment and evaluation of the UAE banking system. This is in addition to outlining the variety of tools deployed by the CBUAE as part of its macroprudential mandate, as well
Binoy Viswam in a letter to Nirmala Sitharaman said that no pension updation exercise was carried out for the banking sector in the past 28 years which is effectively depriving sources of sustenance.
New Delhi [India], June 14: The stability of economies across the world saw wide-ranging volatility throughout the previous decade of the 2010s. Branching off from the above turbulent times, the banking sector in India had found itself in precarious times since the mid-2010s which sparked an
The credit quality of Indian banks and non-bank financial institutions will remain resilient despite a challenging environment for banks globally, according to Moody's Investors Service which said they are well placed to weather global banking sector stress.
Deputy Governor at the Reserve Bank of India, Rajeshwar Rao, said time is right to address the gaps in governance frameworks in banks as the overall banking sector in India at the moment is sound, resilient, and financially healthy.