Search For "banking sector"
RBI governor Shaktikanta Das flags governance gaps in certain banks
Updated : 2 years, 10 months ago IST
The Reserve Bank of India has come across gaps in corporate governance for certain banks and such gaps have the potential to cause volatility in the overall banking sector, said its governor Shaktikanta Das.
Read More
"Our banking sector stands out as strong and stable," says RBI Governor
Updated : 2 years, 10 months ago IST
Acknowledging the key role played by the banks, the RBI Governor said, "Over the years and especially in the recent period, banks have been able to maintain financial and operational resilience in the face of extreme stress originating from the COVID-19 pandemic, the continuing war in Europe
Read More
UAE ranks second globally in customer trust: UAE Banks Federation
Updated : 2 years, 10 months ago IST
He stressed the high levels of customer confidence in the banking sector, as the UAE ranks second globally in terms of customer confidence in banks at 84 per cent in 2022, according to the annual index conducted annually by the UAE Banks Federation.
Read More
Airtel Payments Bank reports 37 pc revenue growth in 2022-23
Updated : 2 years, 10 months ago IST
Airtel Payments Bank delivered a strong performance across various metrics in the financial year 2022-23. During the financial year, it reported revenue growth of 37 per cent to Rs 1,291 crore with profits growing by 141 per cent to Rs 21.7 crore.
Read More
Banking sector crisis in US tightened credit conditions: Fed Chair
Updated : 2 years, 10 months ago IST
The recent banking crisis in the US appears to have resulted in tighter credit conditions and they are likely to hurt economic activities, said US Federal Reserve Chair Jerome Powell after the two-day monetary policy review meeting where it once again hiked interest rates in their pursuit of
Read More
'Ethraa Career Fair' kicks off in Dubai
Updated : 2 years, 10 months ago IST
Organised by the EIF with the participation of the Emirati Talent Competitiveness Council, (NAFIS), the strategic partner of the institute, the event runs until 18th May and is dedicated to employing young Emiratis looking for work in the financial and banking sector.
Read More
UAE Banks Federation approves 2023 strategy for banking sector development
Updated : 2 years, 11 months ago IST
The UAE Banks Federation (UBF) recently held its annual general meeting, chaired by Abdulaziz Al Ghurair, the Chairman of the Federation
Read More
India-UK 2nd Financial Markets Dialogue: G20 Roadmap for cross-border paym
Updated : 2 years, 11 months ago IST
At the meeting, UK and Indian participants provided updates on recent developments in their respective banking sectors, discussing banking trends and emerging vulnerabilities and risks in the sector. The scope for augmenting knowledge of Central Banking Digital Currency (CBDC) through mut
Read More
Indian stocks rise Friday; investors eye RBI meet for fresh cues
Updated : 2 years, 12 months ago IST
"U.S. stock indexes finished sharply higher on Wednesday, helped by a rally in technology shares and easing concerns about stress in the banking sector. Appetite for risk was evident on Wednesday as investors were more relaxed about the health of the bank sector and the prospects for the
Read More
Developments in US banking system drives home importance of prudent asset-
Updated : 3 years ago IST
Reserve Bank of India governor Shaktikanta Das, referring to the Silicon Valley Bank shutdown and its aftereffects, has said the developments in the US banking system have brought to the fore the criticality of banking sector regulation and supervision.
Read More
Decline in Indian stocks continue on US banking sector crisis contagion
Updated : 3 years ago IST
Stock indices in India continue to decline, pulled down by a sharp dip in almost all sectoral indices, particularly the PSU bank following the collapse of two US banks in a matter of two-to-three days.
Read More
Banking sector remains resilient, stable: RBI
Updated : 3 years, 1 month ago IST
The central bank said it remains vigilant and continues to monitor the stability of the Indian banking sector.
Read More