Search For "banking sector"
Unions threaten indefinite strike against 'merger and amalgamation in bank
Updated : 6 years, 6 months ago IST
New Delhi [India], Sept 13 (ANI): Four Bank Unions have threatened to go on indefinite strike from the second week of November to oppose "merger and amalgamations in the banking sector."
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Democracy increases growth, India needs well-conceived strategy to be 5 tr
Updated : 6 years, 6 months ago IST
Jaipur (Rajasthan) [India], Sept 7 (ANI): Expressing concern over sluggish pace of growth in economy, increasing unemployment, poor investment, distressed farmers and crisis in banking sector, former Prime Minister Dr Manmohan Singh on Saturday stressed the need for adopting 'a well-conce
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Steps to boost lending could increase banking sector risk: Fitch
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sep 6 (ANI): Risks in India's banking sector may rise as a result of the central bank's steps encouraging more lending to non-bank financial institutions (NBFIs) and retail borrowers, Fitch Ratings said on Friday.
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CPI-M opposes merger of banks, says it is meant to facilitate privatisati
Updated : 6 years, 6 months ago IST
New Delhi [India], Aug 31 (ANI): The Communist Party of India-Marxist (CPI-M) on Saturday opposed government's decision to merge 10 public sector banks to create four entities and said it is meant to facilitate privatisation of nationalised banking sector.
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RBI working towards stable financial system in evolving scenario: Shaktika
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 19 (ANI): The Reserve Bank of India (RBI) is closely monitoring inter-linkages of non-banking finance companies (NBFCs) with the banking sector, capital market and other financial entities to ensure stability, Governor Shaktikanta Das said on Monday.
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Indian banks struggling with poor asset quality amid challenging environme
Updated : 6 years, 9 months ago IST
Singapore, June 2 (ANI): Fitch Ratings believes that the Indian banking sector is still struggling with poor asset quality and weak core capitalisation.
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Indian banks benefit from lower slippages but challenges remain: Fitch Rat
Updated : 6 years, 12 months ago IST
Mumbai (Maharashtra) [India], Mar 29 (ANI): The banking sector's non-performing loan (NPL) ratio improved in first nine months of current financial year but slow resolution and weak capital are likely to keep th
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You don't get away by not paying back to banks: Jaitley
Updated : 7 years ago IST
New Delhi (India), Feb 28 (ANI): Union Finance Minister Arun Jaitley said on Thursday that industry leaders must give up the tendency of not paying back loans to banks as the 'new normal' is already in place.
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Banking sector on way to recovery: Niti Aayog
Updated : 7 years, 1 month ago IST
New Delhi [India], Feb 22 (ANI): The government has done a lot to improve governance in the banking sector which is beginning to contribute again, Niti Aayog Vice Chairman Rajiv Kumar said on Friday.
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RBI governor meets PSU bank chiefs
Updated : 7 years, 1 month ago IST
New Delhi, Jan 28 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das met heads of public sector banks on Monday ahead of the monetary policy review, to gain an understanding of current banking sector, which is facing massive non-performing assets.
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Closing bell: Sensex ends 579.68pts higher, Nifty above 10,550
Updated : 7 years, 4 months ago IST
Mumbai (Maharashtra) [India], Nov 2 (ANI): Market indices on Friday closed for the week on a positive note, backed primarily by favourable outcomes in the automobile and banking sectors.
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IBC helping banking sector clean up bad loans: Jaitley
Updated : 7 years, 5 months ago IST
New Delhi [India], Oct 27 (ANI): Union Finance Minister Arun Jaitley on Saturday said the Insolvency and Bankruptcy Code (IBC) is helping the banking sector of the country in cleaning up bad loans, adding that the fear of the IBC has made defaulters approach their respective banks to clear t
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