Search For "financial sector"
57 pc of consumers prefer internet banking in Covid-19 era: World Retail B
Updated : 5 years, 9 months ago IST
Paris [France], June 12 (ANI): Retail banks are facing pressure to transform as new entrants focused on customer experience gain significant market traction, according to the World Retail Banking Report 2020 published by Capgemini and Efma.
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RBI calls on credit rating agencies to gather views on economy
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 11 (ANI): Reserve Bank of India Governor Shaktikanta Das on Thursday held a meeting with chiefs of credit rating agencies to discuss the macroeconomic situation and outlook on various sectors of the economy.
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Institutional constraints are credit negative for many Indian issuers: Moo
Updated : 5 years, 9 months ago IST
Singapore, June 5 (ANI): Moody's Investors Service has said India's policymaking institutions will encounter challenges in enacting and implementing policies which effectively mitigate the risks of a sustained period of relatively low growth.
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Banking sector needs recapitalisation of Rs 4 lakh crore: Uday Kotak
Updated : 5 years, 9 months ago IST
New Delhi [India], June 2 (ANI): Industry leaders said on Tuesday that the banking and financial sectors need structural reforms to propel economic growth as the country aspires to become self-reliant in the face of coronavirus crisis and enters the 'Unlock Phase 1.'
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Stimulus package to provide relief for financial system but will not solve
Updated : 5 years, 9 months ago IST
Singapore, May 19 (ANI): Stimulus measures announced by the government last week as part of a Rs 20 lakh crore economic package will help ease asset risks for the financial sector but not fully offset the negative impact from coronavirus outbreak, Moody' s Investors Service said on Tuesday.
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Equity indices slip amid selling pressure in auto, financial sectors
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 15 (ANI): Equity benchmark indices traded lower during early hours on Friday as selling pressure built up in auto and financial sectors.
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PM Modi holds meeting to discuss interventions in financial sector, struct
Updated : 5 years, 10 months ago IST
New Delhi [India], May 3 (ANI): Prime Minister Narendra Modi on Saturday held a meeting to discuss strategies to discuss interventions in the financial sector as well as structural reforms to spur growth and welfare in the current context, said Prime Minister's Office (PMO).
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Industry leaders from insurance, hospitality, health care sectors hail uni
Updated : 6 years, 1 month ago IST
New Delhi [India], Feb 1 (ANI): Industry giant from Insurance, financial sector, hospitality, and healthcare have hailed the Union Budget 2020-21, presented by Union finance minister Nirmala Sithraman in Parliament on Saturday.
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Reforms in banking sector to remain priority: Sitharaman
Updated : 6 years, 1 month ago IST
New Delhi [India], Feb 1 (ANI): A clean, reliable and robust financial sector is critical to achieving the vision of India becoming a five trillion economy in the next five years, Finance Minister Nirmala Sitharaman said on Saturday.
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India's growth slowed sharply owing to stress in non-banking financial sec
Updated : 6 years, 1 month ago IST
Davos [Switzerland], Jan 20 (ANI): The downward revision primarily reflects negative surprises to economic activity in a few emerging market economies, notably India, which led to a reassessment of growth prospects over the next two years, said Gita Gopinath, Chief Economist, Internationa
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Sitharaman holds pre-Budget consultations on digital economy, financial se
Updated : 6 years, 2 months ago IST
New Delhi [India], Dec 16 (ANI): Finance Minister Nirmala Sitharaman on Monday started her pre-Budget consultations with different stakeholder groups, the first one being with those from the digital economy, fintech and start-ups and the second with those from the financial sector and cap
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ADB trims India's GDP growth forecast to 5.1 pc in current fiscal
Updated : 6 years, 3 months ago IST
Manila [Philippines], Dec 11 (ANI): The Asian Development Bank (ADB) on Wednesday trimmed its forecasts for economic growth in developing Asia this year and next year as growth in India and China is weighed down by both external and domestic factors.
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