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EU regulators seek tax transparency from companies EU regulators seek tax transparency from companies The detailed reporting requirements that EU banks will face starting in 2015 should be extended to non-financial firms, Commissioner Michel Barnier said Thursday in Amsterdam.
Chidambaram for merger of banks to create 2-3 global entities Chidambaram for merger of banks to create 2-3 global entities Finance Minister P Chidambaram Monday favoured mergers in the banking industry so that India can have two-three global sized banks.
PSBs expected to raise Rs 9.60 lakh cr in 10yrs: Report PSBs expected to raise Rs 9.60 lakh cr in 10yrs: Report Public sector banks (PSB) are estimated to raise Rs 9.60 lakh crore in 10 years period ending March 2021 assuming loan growth of 20 percent, said a report by consultancy firm KPMG.
Cooperative banks should be kept away from political pressure: SC Cooperative banks should be kept away from political pressure: SC The Supreme Court has passed a slew of directions to give more power to Cooperative Banks' Board and to reduce political interference in its functioning, holding that their Registrar should be subjected to disciplinary proceedings if he acts under political influence.
Cobrapost: NABARD chief gives clean chit to co-operative banks Cobrapost: NABARD chief gives clean chit to co-operative banks Amid allegations of co-operative banks being used as conduits for money laundering, NABARD, which jointly regulates such lenders, has said that it has found no shortcoming pointing towards any such activity.
Indians more willing to share personal information than others: Study Indians more willing to share personal information than others: Study Even as cases of financial fraud are dotting cyber space across the world, Indians seem more forthcoming in giving out their personal information for personalised services and simplification of finance management than their global counterparts, a study by Cisco has said.
Don't staple, issue only clean notes: RBI to banks Don't staple, issue only clean notes: RBI to banks The Reserve Bank has directed banks to do away with stapling of note packets and issue only clean currency notes to the public.
Coop Banks to reschedule the crop loan to farmers Coop Banks to reschedule the crop loan to farmers Crop loans availed by farmers from district central cooperative banks would be rescheduled as per the government's decision in view of severe drought conditions prevailing in the state, a bank official said Monday.
Banks seized nearly 40,000 homes in Spain Banks seized nearly 40,000 homes in Spain Banks seized a total of 39,167 homes in Spain in 2012 as a result of foreclosure proceedings.
Central Bank Q4 net at Rs 169 cr on low provision, higher NII Central Bank Q4 net at Rs 169 cr on low provision, higher NII Central Bank of India Friday reported net profit of Rs 169.15 crore in the fourth quarter ended March 31, 2013, helped by lower provisioning and robust growth in net interest income.
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