Last Updated: Wednesday, December 04, 2013, 15:24
A security company has said the risk posed by malware is putting more users off using online banking applications.
Last Updated: Thursday, November 28, 2013, 23:23
European banks will require 280 billion euros (USD 380 billion) of extra capital in 2014 to meet reforms aimed at avoiding a repeat of the global financial crisis, according to a report published Thursday.
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.
Last Updated: Wednesday, November 27, 2013, 17:48
Aiming to promote use of mobile banking services across India, telecom regulator TRAI has come out with guidelines and tariff on unstructured supplementary service data (USSD)-based mobile banking services.
Last Updated: Wednesday, November 27, 2013, 17:08
Tata Sons has withdrawn its application for setting up a bank, saying its current financial services model best supports the needs of the group's domestic and overseas businesses.
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.
Last Updated: Friday, November 22, 2013, 18:20
The China Banking Regulatory Commission (CBRC) will require banks to report detailed information on their holdings of wealth management products beginning in 2014.
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.
Last Updated: Thursday, November 21, 2013, 21:01
The Reserve Bank Thursday said balance-sheets of deposit-taking non-banking financial companies grew marginally by 2.2 percent to Rs 1,24,900 crore in the financial year ended March 2013.
Last Updated: Thursday, November 21, 2013, 18:49
The Reserve Bank on Thursday favoured liberalisation of bank licensing policies which otherwise could hinder entrance of new players and have an adverse impact on the economy and consumers.
Last Updated: Thursday, November 21, 2013, 18:02
Gross NPAs as percent of gross advances for scheduled commercial banks stood at 3.6 percent as at March 2013 as against 3.1 percent previous fiscal, the RBI said.
Last Updated: Tuesday, November 19, 2013, 09:38
Yellen, 67, was picked by President Barack Obama to replace Bernanke when he leaves the post as Fed chief at the end of eight years in the job on January 31.
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