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MFs' exposure to bank stocks hits record high at Rs 48,000 cr

Last Updated: Monday, June 16, 2014, 15:06

MF industry has the highest exposure to banking sector since at least August 2009.

MCX Stock Exchange launches bank index SXBANK

Last Updated: Wednesday, April 09, 2014, 21:06

The MCX Stock Exchange (MCX-SX) Wednesday announced the launch of SXBANK, a new index to capture the performance of the banking sector.

Basel III deferral to ease pressure on banks: India Ratings

Last Updated: Friday, March 28, 2014, 14:48

The report said that this was a practical outcome of the current limited investor appetite for such instruments and the agency believes that the new deadlines do not dilute the spirit of Basel III.

High-powered committee for banks to comply Basel III norms

Last Updated: Friday, March 07, 2014, 19:32

A high powered committee under Financial Stability and Development Council (FSDC) has been set up to find ways for the banking sector to comply with Basel III capital norms.

All-India banks on 2-day strike from Monday

Last Updated: Sunday, February 09, 2014, 19:36

Banking services in the country would be hit from Monday, with staff of both public and private sector banks planning a two-day strike against the proposed banking sector reforms and for immediate revision in wages.

'Gross NPAs of banks to touch 5% by March-end'

Last Updated: Thursday, January 16, 2014, 17:23

The country's banking sector could witness tough times ahead with gross non-performing assets (NPAs) expected to touch 5 percent of total loans by March this year, according to an Assocham study.

IT, banking, agri-biz to be key job creators in 2014: Assocham

Last Updated: Sunday, December 29, 2013, 13:54

All these sectors will stand out despite the present state of the economy where net employment is being lost and not created in a large majority of sectors.

Growth in banking sector a great achievement: Chidambaram

Last Updated: Monday, December 23, 2013, 13:54

The celebration function is being organised for the first time outside the metro cities.

Sensex up 248 points after RBI keeps rates unchanged

Last Updated: Wednesday, December 18, 2013, 13:07

The wide-based National Stock Exchange index Nifty rose by 78.10 points to 6,217.

Banks, infra need Rs 10.4 lakh cr bond funding in 5 yrs: Crisil

Last Updated: Thursday, November 28, 2013, 18:39

Banks and infrastructure sectors will require Rs 10.4 trillion (or Rs 10.4 lakh crore) from the bond market over the next 5 years, Crisil said in a report.

Mutual Funds' exposure in banking stock hits 4-mth high

Last Updated: Sunday, November 24, 2013, 11:13

Fund managers raised exposure in bank stocks to 4-month high of nearly Rs 33,000 crore in October amid rising equities market and various steps taken by the Reserve Bank to prop the banking sector.

Banking assets need to grow to Rs 288 trillion by 2020: RBI

Last Updated: Friday, November 22, 2013, 00:10

The Reserve Bank Thursday said the banking industry needs to grow to an estimated Rs 288 trillion (lakh crore) by 2020 from about Rs 115 trillion in 2012 to support the economic growth as envisaged in the 12th Plan.