Swiss franc surge rocks currency brokers, burns banks
The surprise surge in the Swiss franc left currency brokers and banks worldwide licking their wounds on Friday, with at least two brokers declaring insolvency and others warning of heavy losses.
Jan 17, 2015, 06:44 AM IST
After Rajan, PSU banks' heads now question farm debt waivers
Last month, the RBI Governor had said that debt waiver schemes have constrained flow of credit to farmers.
Jan 04, 2015, 16:34 PM IST
Govt not to interfere in working of state-owned banks: PM Modi
Prime Minister Narendra Modi pledged not to interfere in the functioning of public sector banks, but wanted the lenders to be accountable failing which interventions in public interest could be made.
Jan 03, 2015, 21:59 PM IST
Govt to protect commercial decisions by PSU banks: Jaitley
Finance Minister Arun Jaitley on Saturday assured bankers that government was ready to protect their commercial decisions as "risks have to be taken" by them.
Jan 03, 2015, 20:45 PM IST
Bankers ask govt to consider cutting stake in PSBs to sub-51%
Prime Minister Narendra Modi`s administration last year approved a plan to pare the government`s stake in state lenders to up to 52 percent to help them meet their capital needs.
Jan 03, 2015, 20:35 PM IST
PM seeks end to lazy banking; asks banks to be more proactive
Calling upon the banking sector to establish banks which rank among the top banks of the world, Modi said that banks need to be run professionally and assured them that there would be no interference.
Jan 03, 2015, 19:59 PM IST
Probe corruption complaints properly: CVC to banks
Noting irregularities, the CVC has asked banks to follow proper procedure in probing corruption complaints received by them.
Dec 24, 2014, 16:24 PM IST
Banking sector continuing to heal, slowly: ECB
Europe's battered financial sector is showing further signs of healing as conditions for bank loans ease and demand for loans picks up, a key ECB survey showed on Wednesday.
Oct 29, 2014, 17:02 PM IST
Aggression by newcomers may hurt banking stability: S&P
The Reserve Bank of India is cautiously opening up India`s banking sector to companies.
Oct 28, 2014, 18:41 PM IST
MF exposure to bank stocks hit record-high of Rs 55K cr in July
At current levels, the MF industry has the highest exposure to banking sector since August 2009.
Aug 12, 2014, 14:48 PM IST
Set to grow faster, but won't sacrifice profitability: Chanda Kochhar
When asked by when the bank itself would have a headcount of more than one lakh, Kochhar said that would depend on the growth rate of the economy and the overall banking sector.
Jul 20, 2014, 13:04 PM IST
MFs' exposure to bank stocks hits record high at Rs 48,000 cr
MF industry has the highest exposure to banking sector since at least August 2009.
Jun 16, 2014, 15:06 PM IST
