Last Updated: Saturday, July 12, 2014, 17:54
Finance Ministry on Saturday said it is examining various issues pertaining to mergers of public sector banks and that there will be some forward movement in the current year itself.
Last Updated: Friday, July 11, 2014, 21:57
The number of domestic banks and credit institutions in Europe and the eurozone declined in 2013, confirming a downtrend seen for a number of years, new data showed on Friday.
Last Updated: Thursday, July 10, 2014, 15:27
BJP leader Subramanian Swamy Thursday met President Pranab Mukherjee and apprised him of his "findings on the black money deposits of Indian politicians abroad," according to a statement issued by him.
Last Updated: Thursday, July 10, 2014, 13:10
Shares of public sector banks declined by as much as 4.3 percent after Finance Minister Arun Jaitley Thursday said the lenders would require Rs 2.40 lakh crore capital by 2018 to meet global Basel III norms.
Last Updated: Tuesday, July 08, 2014, 19:21
The government on Tuesday said there is no proposal to dilute its ownership in public sector banks (PSBs) below 50 percent.
Last Updated: Tuesday, July 08, 2014, 18:51
Banks had Rs 5,124 crore in unclaimed deposits lying with them as of December 31, 2013, Parliament was informed Tuesday.
Last Updated: Tuesday, July 08, 2014, 18:48
India has been told four days ago that there is no list of Indian tax residents holding assets in Swiss Banks in their own name or through structures, the Rajya Sabha was informed Tuesday.
Last Updated: Tuesday, July 08, 2014, 16:39
The talks with state and federal authorities have just begun, a source with direct knowledge of the regulatory investigations told Reuters.
Last Updated: Monday, July 07, 2014, 16:17
The exchange rates on the board are not even the best ones Sakthi and his colleagues give bigger or regular clients.
Last Updated: Monday, July 07, 2014, 15:07
The world`s major central banks are returning to a more opaque and artful approach to policymaking, ending a crisis-era experiment with explicit promises that they found risked their credibility and did not substitute for action.
Last Updated: Sunday, July 06, 2014, 17:23
As India steps up pressure on Swiss authorities in its pursuit of alleged black money, banks in Switzerland say they follow strict rules and the requests from Indian authorities must be "properly justified".
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