News WrapGet Handpicked Stories from our editors directly to your mailbox

financial sector

Rating agencies play critical role in providing stability to financial sector: RBI Guv

Das Thursday held a meeting with top officials of credit rating agencies as part of stakeholder consultation exercise.

Mar 08, 2019, 18:10 PM IST

'Bill to address bankruptcy in fin sector in next Parliament session'

The government is likely to introduce in the monsoon session of Parliament a separate bankruptcy law to deal with insolvency in financial sector companies that include banks and NBFCs.

May 23, 2017, 20:15 PM IST

TCS warns financial clients delaying spending, shares slide

Tata Consultancy Services Ltd (TCS) has warned that its financial sector clients in the United States are holding back on discretionary spending, sending its shares tumbling as much as 6.4 percent to a six-month low.

Sep 08, 2016, 12:16 PM IST

OECD urges global finance reforms to fight inequality

The OECD called Wednesday for financial sector reforms to combat inequality and lift economic growth in developed nations.

Jun 17, 2015, 22:26 PM IST

Muthoot Fincorp plans gold recycling centres across country

Muthoot will be approaching the government seeking permission for private players to do hallmarking and recycling as the 350 BIS-authorised hallmarking centres cannot take the load if the scheme becomes a success.

May 24, 2015, 12:16 PM IST

Canada, India to continue talks on economic, financial sector policy

Tim Sargent, Associate Deputy Minister of Finance, Canada, will be visiting India this week, to take part in the India-Canada Economic and Financial Sector Policy Dialogue. Sargent will lead the Canadian delegation to the dialogue, which will be held on February 13 in New Delhi.

Feb 12, 2015, 17:02 PM IST

Govt determined to push tax, financial sector reforms: Modi

Prime Minister Narendra Modi on Monday expressed his government's determination to push tax and financial sector reforms to improve business environment.

Sep 01, 2014, 21:19 PM IST

SEBI board approves sharing KYC details with fin regulators

To ensure common Know-your-Client system for the entire financial sector, SEBI board on Thursday approved the proposal for sharing KYC details with entities regulated by other financial sector watchdogs.

Jun 19, 2014, 17:48 PM IST

China $160 mn investment vehicle misses payments: Report

A USD 160 million investment vehicle sold by China's second-largest bank has missed four scheduled payments, state media reported, as fears grow that potential financial sector defaults could roil markets in the world's second-biggest economy.

Feb 14, 2014, 16:14 PM IST

ECB reports early signs of new health in eurozone banks

Europe`s battered financial sector is showing tentative signs of healing, even if it is still too early to sound the all-clear, a key ECB survey showed on Wednesday.

Oct 30, 2013, 16:24 PM IST

Most 'optimistic' India to see strong hiring in next 3 months

Notwithstanding economic uncertainties, India has emerged as the most optimistic nation in terms of hiring prospects for next three months, primarily driven by services and financial sectors, says a survey.

Jun 12, 2012, 14:32 PM IST

Revamp provisions of forward, option contracts: Assocham

Industry body Assocham Sunday asked the government to revamp provisions of forward and option contracts in securities to boost the financial sector of the country.

Apr 08, 2012, 16:58 PM IST

Create firewall to check contagion in financial sector: Survey

Taking cues from the recent global financial woes, the Economic Survey on Thursday suggested the creation of a firewall to prevent the spread of crisis from one financial sector to the other.

Mar 15, 2012, 18:31 PM IST

Have balance between financial innovation, stability: US

Financial sector regulators should push forward reforms to reduce risk and improve transparency, while preserving the best features of markets and the competitiveness of financial institutions, a senior US Treasury official said here Monday.

Mar 06, 2012, 11:33 AM IST

SEBI probed 213 scrips to check price rigging, insider trading

The government on Friday said market regulator SEBI has examined shares of 213 companies in the past 29 months to investigate instances of price rigging and insider trading.

Aug 26, 2011, 19:10 PM IST