Latest News on Banking sector
Showing of 0 - 10 from 57 results
Banking sector - Total results - 57
Nov 13, 2017
Recapitalisation of lenders: Banking secretary says banks not to get easy money under Rs 2.11-lakh crore planAt PSB Manthan, banking secretary says Rs 1.35-lakh crore recapitalisation bonds will be front-loaded
Nov 13, 2017
IT spending in Indian banking sector to see 11.7% jump to hit $9.1 bn as banks turn to contactless paymentsAs part of their increased IT spending, top banks in India are investing heavily into contactless payment
Nov 13, 2017
Banks and securities firms in India to invest heavily in contactless payment; IT spending to increase to $9.1 bn: GartnerFirms in the banking and securities industry are investing more in devices to upgrade their existing infrastructure.
Nov 03, 2017
State of the economy: Narendra Modi govt's reform intent is positive but execution is key, says economist Gaurav KapurIf done carefully, the bank recapitalisation exercise can help the banking sector revive the investment demand in the country provided there is a simultaneous pick-up in the economic activities on the ground, economist Gaurav Kapur said
Nov 01, 2017
Ease of doing business: Good show Narendra Modi govt but ground reality tells a different storyThere are questions remaining with respect to the actual business environment on ground. Here a lot more needs to be done to elevate India to the stature of a global manufacturing hub
Oct 27, 2017
State of the economy: Is Rs 2.1 lakh cr funding plan last big opportunity to save banks?It is important that the government keeps an arm’s length with state-run banks to give them a free hand in business operations, said former SBI official Jayanta K Sinha
Oct 23, 2017
Banking sector stares at additional Rs 40,000 cr accretion due to Axis Bank NPAsAxis Bank had to reclassify 9 standard accounts into NPAs. Of these, 8 accounts are part of consortium lending, according to the latest quarterly results announced by the bank.
Oct 11, 2017
IMF says weak banks, corporates leave India vulnerable to tightening in global financial conditionsIMF said a combination of weak banks and corporates leaves India vulnerable to a tightening in the global financial conditions
Sep 08, 2017
RBI Viral Acharya’s caution on PSB funding: Why’s Narendra Modi govt still running large banks?RBI Deputy Governor Viral Acharya, without mincing his words, asked: Is the government capable of offering “substantial additional capital infusion” that “is almost surely required" to salvage the state-run banks?
Aug 11, 2017
Dutch bank ING thrives in Germany's troubled banking sector with radical online-only accountsING of the Netherlands is upending German tradition with radical online-only accounts and zero-fee offerings, yet thriving in a troubled banking sector.