Banking Sector
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Have initiated reforms to improve banking sector: PM Modi
Oct 19, 2015, 08:23 PM ISTNew Delhi: Prime Minister Narendra Modi today said the government has initiated a series of banking reforms including re-capitalisation of PSU banks, change in rules for hiring top management and paper-less transactions to curb the
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Gyan Sangam: Create structures for easy capital to PSU banks, says Banking Secy
Jan 02, 2015, 03:49 PM ISTPune: Mergers and acquisitions are not the only way for consolidation in public sector banks, as creating a mechanism for easier access to capital would also improve their balance sheets, Financial Services Secretary Hasmukh Adhia
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Modi to brainstorm with bankers on public sector bank reforms on January 3
Dec 24, 2014, 02:26 PM ISTNew Delhi: Prime Minister Narendra Modi will hold discussions with bankers on January 3 at Pune to draw an "action plan" for reforms in the public sector banks (PSBs).Modi will be interacting with bankers on
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CVC seeks bank officials' help in probing corruption cases
India | Nov 09, 2014, 09:50 AM ISTNew Delhi: The Central Vigilance Commission (CVC) has decided to expand its pool of officers drawn from public sector banks to help it probe corruption complaints in the banking sector.The CVC has written to several
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CBI starts probe against big loan defaulters
India | Aug 21, 2013, 05:02 PM ISTNew Delhi: CBI has initiated an inquiry into cases of defaulters of big loans from public sector banks, its chief Ranjit Sinha said today while emphasising that bulk of non-performing assets were connected to 30
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Cobrapost expose: India's 3 largest private banks deny money laundering charges
Mar 14, 2013, 10:18 PM ISTNew Delhi, Mar 14 : The country's three largest private banks were today accused of indulging in money laundering both within and outside with an online portal claiming that a. sting operation conducted by it
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Banking sector to consolidate globally, says Anshu Jain
Jun 03, 2012, 12:08 PM ISTBerlin, Jun 3: Banking sector is set to consolidate globally with only five or six lenders emerging as major players and Deutsche Bank should be among them, co-CEO of Germany's largest lender Anshu Jain said
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India To Be World's Third Largest Domestic Banking Sector By 2050
Jun 06, 2011, 08:02 PM ISTMumbai, Jun 6: India is poised to become the third largest domestic banking sector by 2050 after China and the US, a survey by a leading global accounting and consultancy firm, saidChina could overtake the