Financial sector crippled as shutdown starts in Mumbai

India`s financial sector was crippled on Wednesday as all banks, insurance companies and commercial establishments in Mumbai remained shut.

Better times ahead for banking sector

Better times are ahead for the
banking sector as a revival in the economic activity coupled
with inflation is likely to boost the credit growth in the
second half of current financial year, says a study.

TCS sees recovery in global banking sector

Tata Consultancy Services Ltd (TCS), India`s top IT services firm by sales, expects a recovery in the global banking sector to boost its revenues this year, its chief executive said on Tuesday.