Financial Sector
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Budget 2026: Financial sector seeks capital easing, credit push and policy stability
Budget | Jan 21, 2026, 02:29 PM ISTIndustry experts said the next phase of growth will depend not just on expanding access to financial services, but on improving the quality of credit, the sustainability of financial institutions and last-mile delivery.
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RBI forms 8-member panel on ethical use of AI in financial sector: Check all important details
Business | Dec 26, 2024, 05:16 PM ISTHeaded by IIT Bombay professor Pushpak Bhattacharyya (Department of Computer Science and Engineering), the panel will assess the current level of adoption of AI in financial services, globally as well as in India.
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Taking measures to make financial services sector vibrant, proactive and strong: PM Modi
Business | Feb 26, 2021, 01:51 PM ISTPM Modi said that the government is taking steps to make the financial services sector vibrant, proactive and strong.
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World Bank chief asks India to reform financial sector
Business | Oct 27, 2019, 12:46 PM ISTMalpass, who is on a three-day visit to India, earlier met Prime Minister Narendra Modi, Finance Minister Nirmala Sitharaman and members of the Niti Aayog and discussed financial sector reforms with them as well
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Attention! These 8 changes will impact your expenses from October
Business | Oct 02, 2019, 01:15 PM ISTThere are some changes that have been brought into effect and are going to impact your expenditure. These have already been implemented since October 1.
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New bill to tackle bankruptcy in financial sector soon, says Shaktikanta Das
Feb 09, 2017, 07:38 PM ISTIn a move aimed at curbing bankruptcy issues in the financial sector, the government is ready and likely to introduce a bill for resolution of insolvent financial firms. While the Insolvency and Bankruptcy law that
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Bankruptcy Code positive reform for financial sector: Report
May 08, 2016, 06:17 PM ISTNew Delhi: India's Insolvency and Bankruptcy Code is quite a positive reform for the financial sector, especially for state-run banks heavily burdened with stressed assets, as it will give creditors a legal path for recovering
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Bank credit, deposit fall steeply in march quarter: RBI
Jun 23, 2015, 07:08 AM ISTMumbai: Bank credit grew at a slower rate of 9.8 per cent and deposit growth rate slowed down to 10.7 per cent in the March quarter, says RBI data.Both credit and deposit had recorded a
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Govt for plugging regulatory gaps in financial sector
May 22, 2013, 04:57 PM ISTNew Delhi, May 22: Amid outcry over Ponzi schemes causing huge losses to common people, Finance Minister P. Chidambaram on Wednesday said there are regulatory gaps and efforts are being made to frame a new