banking-sector - Latest News on banking-sector | Read Breaking News on Zee News

Move regulators on misconduct by professionals: FinMin to banks

Last Updated: Monday, August 20, 2012, 18:55

The Finance Ministry has asked state-owned banks and insurance companies to take up the issue of misconduct by professionals like advocates and chartered accountants with their regulating bodies like ICAI.

Innovative delivery model to drive banking sector growth: PwC

Last Updated: Thursday, June 28, 2012, 23:04

Innovative service delivery models, including mobile banking and ATMs, and the ability to satisfy customers will drive the growth of banking sector in coming days, says a report.

Banks to see moderate growth this fiscal: Barclays

Last Updated: Friday, June 15, 2012, 16:49

The banking sector is likely to witness moderate growth in the current fiscal coupled with downside risks to net interest margins (NIMs) following the difficult economic environment, a Barclays research report said here on Friday.

Bill provides for exemption of banking sector from CCI purview

Last Updated: Monday, June 11, 2012, 19:13

Merger and acquisitions in the banking sector will be exempted from the purview of competition watchdog CCI if the Banking (Laws) Amendment bill is passed, a top government official said Monday.

Liquidity challenge likely to re-emerge in 2012-13: Standard Chartered

Last Updated: Friday, April 13, 2012, 23:48

Projecting a challenging year for the Indian banking sector, global financial services major Standard Chartered on Friday said the liquidity challenge is likely to re-emerge in 2012-13, forcing RBI to take action.

Syndicate Bank opens 108 new branches on a single day

Last Updated: Saturday, March 31, 2012, 17:36

State-run lender Syndicate Bank on Saturday opened 108 branches across 15 states and Union Territory of Andaman and Nicobar Islands.

China to permit foreign banks to borrow $24 billion this year

Last Updated: Friday, March 30, 2012, 11:35

China's National Development and Reform Commission (NDRC), the country's top economic planner, said foreign-funded banks are allowed to borrow as much as USD 24 billion of medium and long-term external debt this year.

IOB gets shareholders nod for Rs 1,977 cr pref issue

Last Updated: Friday, March 23, 2012, 22:23

State-owned Indian Overseas Bank (IOB) on Friday said its shareholders have approved raising funds of up to Rs 1,977.63 crore via a preferential issue of shares to the government and Life Insurance Corporation (LIC).

Budget is pragmatic and credible: Chanda Kochar

Last Updated: Friday, March 16, 2012, 18:04

ICICI Bank Managing Director and CEO Chanda Kochhar has welcomed the Union Budget 2012-13.

Budget 2012: Banking and insurance law amendments

Last Updated: Friday, March 16, 2012, 15:01

Union Finance Minister Pranab Mukherjee proposed amendments to three key banking and insurance laws.

Banks' NPAs do not indicate systemic vulnerability: FinMin

Last Updated: Tuesday, March 13, 2012, 20:08

The Finance Ministry Tuesday said non-performing assets (NPAs) in the banking sector do not indicate any systemic vulnerability.

Banks resilient despite rising NPAs, pressure on margins: Care

Last Updated: Sunday, March 11, 2012, 10:22

Despite pressure on margins and concerns over asset quality, the banking sector as a whole will continue to display resilience, says a report by Care Rating based on the performance of 39 banks during the first nine months of this fiscal.