New Delhi [India], June 6 (ANI-NewsVoir): Alea Consulting has come up with a risk review report on Indian Banking Sector. The Indian banking system emerged safe out of the credit crisis of 2008-09, however, the relief was short-lived as Indian banks are swamped by two major challenges - bank
New Delhi [India], May 30 (ANI): Disrupting transactions across the country employees of public sector banks will go on a two-day nationwide strike starting today.
London [United Kingdom], May 9 (ANI): Liquor Baron Vijay Mallya faced a major setback on Tuesday after he lost a lawsuit filed in London by a consortium of Indian banks seeking to collect the amount of Rs. 10,000 crore amid allegations that he committed massive fraud.
New Delhi [India] Feb 23 (ANI): Finance Ministry has written to Hong Kong branches of four Indian banks that received letters of undertaking (LoUs) from Punjab National Bank (PNB), said sources on Friday.
New Delhi [India], Feb 19 (ANI): The Finance Ministry on Monday rubbed off media reports claiming that Indian banks could take a hit of over USD three billion, in connection with Punjab National Bank (PNB) - Nirav Modi fraud case.
New Delhi [India], Jan 23 (ANI): With the Indian banking sector currently under stress, gross NPAs are expected to rise from Rs. 8 lakh crore to Rs. 9.5 lakh crore by March this year, an ASSOCHAM-Crisil study noted.
New Delhi [India], Jan 10 (ANI): Financial Services Secretary Rajeev Kumar on Wednesday clarified that the Government of India has no proposal to discontinue free banking services from January 20 and asked people not to pay heed to 'baseless rumours'.
New Delhi [India], Dec 26 (ANI): Amid the ongoing crisis caused by increasing Non-Performing Assets (NPAs) in the banking sector, default payment in education loans is adding on to this, the data released by the Indian Banks' Association (IBA) revealed.
New Delhi [India], Nov 18 (ANI): The debt associated with attending a premium B-school or getting a foreign degree is overwhelming. For millions of young Indians, affording this dream is an obstacle and a pressing concern.
New Delhi [India], Nov 15 (ANI): Department of Investment and Public Asset Management (DIPAM) Secretary Neeraj Kumar Gupta on Wednesday said that Bharat 22 Exchange Traded Fund (ETF) will be extremely lucrative for long term investors.
Patna (Bihar) [India] Nov. 13 (ANI): The Central Bureau of Investigation (CBI) on Monday filed fourth chargesheet against seven accused in Srijan scam.
Mumbai (Maharashtra) [India] Nov. 7 (ANI): The Maharashtra government is considering indemnifying bankers in infrastructure project funding, said a top state government official at a panel discussion during day two of FICCI-IBA (Indian Banks' Association) Annual Banking Conference- FIBAC 201