Search For "banks"
SC to pronounce judgment on RBI circular barring use of cryptocurrencies b
Updated : 6 years ago IST
New Delhi [India], Mar 3 (ANI): The Supreme Court on Wednesday will deliver its judgment on pleas objecting to Reserve Bank of India (RBI) 2018 circular that barred banks from trading in cryptocurrencies.
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Bill introduced in Lok Sabha to strengthen cooperative banks
Updated : 6 years ago IST
New Delhi [India], March 3 (ANI): A Bill that seeks to improve governance and regulation of cooperative banks was introduced in Lok Sabha on Tuesday amid ruckus in the House over opposition demand for an immediate discussion on Delhi violence.
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Equities rebound as central banks move to mitigate economic impact of coro
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 3 (ANI): Equity benchmark indices closed in the green with handsome gains on Tuesday lifted by expectations that major central banks will take measures to mitigate the economic impact of coronavirus outbreak that has spread to 60 countries and killed more th
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RBI to ensure orderly functioning of financial markets as COVID-19 spreads
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 3 (ANI): Amid expectations of major central banks to take measures for mitigating the economic impact of coronavirus outbreak, the Reserve Bank of India (RBI) said on Tuesday it stands ready to take appropriate actions to ensure orderly functioning of financ
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Equity indices up in line with Asian peers, metal and pharma stocks gain
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 3 (ANI): Equity benchmark indices were in the green during early hours on Tuesday as investors hoped that central banks will take action to combat the economic impact of coronavirus outbreak.
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Retail payment products reducing cash dependency: Worldline
Updated : 6 years ago IST
New Delhi [India], Feb 28 (ANI): The Unified Payments Interface (UPI) recorded a substantial transaction volume of 1,080 crore in 2019, marking a year-on-year increase of 188 per cent, according to a new report by European payment services provider Worldline.
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Axis Bank appoints Puneet Sharma as new CFO
Updated : 6 years, 1 month ago IST
Mumbai (Maharashtra) [India], Feb 27 (ANI): Private sector lender Axis Bank said on Thursday its board of directors has approved the appointment of Puneet Sharma as the new Chief Financial Officer and key managerial personnel.
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Pak's listing under increased monitoring a credit negative for banks: Mood
Updated : 6 years, 1 month ago IST
New York [USA], Feb 27 (ANI): The Financial Action Task Force's (FATF's) announcement that Pakistan will remain on its list of jurisdictions under increased monitoring is credit negative for the country's banks, Moody's Investors Service said its latest credit outlook report released on Thur
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No uncertainty over merger of PSBs: Nirmala Sitharaman
Updated : 6 years, 1 month ago IST
New Delhi [India], Feb 26 (ANI): Finance Minister Nirmala Sitharaman on Wednesday said there is no uncertainty over the merger of public sector banks (PSBs) and the process is going on as per the schedule.
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HSBC to slash 35,000 jobs, cut costs by $4.5 billion as earnings miss targ
Updated : 6 years, 1 month ago IST
Hong Kong, Feb 18 (ANI): HSBC, the largest of Hong Kong's three currency-issuing banks, said on Tuesday it plans to cut as much as 35,000 jobs, reduce costs by an additional 4.5 billion US dollars and shrink its investment bank in Europe and the United States as part of a broad overhaul by i
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Closely monitoring banks and their extension of credit facility to rural a
Updated : 6 years, 1 month ago IST
New Delhi [India], Jan 15 (ANI): Union Finance Minister Nirmala Sitharaman on Saturday said the government is closely monitoring banks and their extension of credit facility, particularly to the rural areas.
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Relief for real estate sector a credit negative: Moody's
Updated : 6 years, 1 month ago IST
Singapore, Feb 13 (ANI): Moody's Investors Service said on Thursday the Reserve Bank of India's (RBI's) revised asset recognition norms are credit negative for Indian banks.
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