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Govt panel for super regulator for pension, insurance and commodities
A government appointed panel today suggested a super regulator, merging oversight functions of market, commodity, insurance and pension regulators, while leaving the banking business regulation under the Reserve Bank. #commodities #PolicyWatch #Insurance #Pension #Banking sector #FLSRC
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Banking outlook negative on higher NPAs: Moody's
Global ratings agency Moody's today said it has a "negative" outlook on the country's banking system due to concerns over asset quality and the high interest rates. #Moody's #NPA #ExpertView #Banking sector
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Have funds, resources ready for banking foray: RCap
Reliance Capital, the financial services arm of Anil Ambani-led group, said it has got sufficient resources for entering the banking sector and it is awaiting regulatory guidelines to make the move. #CorporateStrategy #funds #Anil Ambani #Reliance Capital #AGM #Banking sector
Wire
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China Daily
EU official calls for steps over banking union
European Economic and Monetary Affairs Commissioner Olli Rehn talks to Ireland's Finance Minister Michael Noonan (R) during an euro zone finance ministers meeting in Brussels May 13, 2013. [Photo/Agencies] BRUSSELS - Olli Rehn, the European Union's (EU) #European Union #Brussels #Michael Noonan (politician)
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Daily Nation
President Uhuru pledges support for private sector
President Uhuru Kenyatta has said his government will continue to support growth of the private sector in Kenya. He emphasised the need to create and sustain conditions that are conducive to development of the private sector. “Our manifesto and Kenya’s V #Uhuru Kenyatta #European Union #Africa
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Arutz Sheva
MKs: 'Internet Bank' Could Make Banking Cheaper
After long distance companies, cellphone service providers, and car importers, the government's next target for encouraging competition is in the banking sector. Currently, two banks – Hapoalim and Leumi – have 60% of the banking business, and efforts un #




