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Jan Dhan to boost <strong>banking</strong> <strong>sector</strong> in <strong>India</strong>, says Rajiv Anand

Jan Dhan to boost banking sector in India, says Rajiv Anand

13 Nov 2014

Ahmedabad: Hailing the Pradhan Mantri Jan Dhan Yojana, a top official of Axis Bank said that the scheme is beneficial for both people and the banking sector.

Pradhan Mantri Jan Dhan Yojana,   PMJDY,   Axis Bank,   Banking sector,  
RBS starts shutting down branches, to retrench staff

RBS starts shutting down branches, to retrench staff

25 Feb 2013

British banking major RBS will be laying-off some of its 1,000 employees as it winds down retail and commercial business in the country.

RBS,   recession in RBS,   banking sector in India,   banking sector ,  
PSBs, foreign banks hit by bad loans: Reserve Bank

PSBs, foreign banks hit by bad loans: Reserve Bank

11 Nov 2012

State-run banks and foreign banks were hit by bad loans as their non-performing assets rose, says the Reserve Bank.

Reserve Bank of India,   Bad Loans,   Foreign Banks,   Banking sector of India,  
HSBC exits private <strong>banking</strong> business in <strong>India</strong>

HSBC exits private banking business in India

28 Nov 2015

Chennai: Multinational banking major HSBC on Friday announced its decision to exit private banking business in India while offering its existing clients the HSBC Premier, a global retail banking and wealth management proposition.

HSBC bank,   HSBC bank in India,   HSBC exits private banking,   private banking sector,   Latest Business News,  
No new <strong>banking</strong> licences without legal backing: Subbarao

No new banking licences without legal backing: Subbarao

16 Nov 2012

A day after Finance Minister P Chidambaram asked the Reserve Bank to speed up the process of issuing new bank licences, Governor D Subbarao on Friday said it would not be possible without fulfilling the enabling conditions for the same.

Banking licence,   Reserve Bank of India,   D Subbarao,   P Chidambaram,   Banking Laws,   Banking sector in India,  
 <strong>Banking</strong> will be premises-less, paper-less: PM Modi

Banking will be premises-less, paper-less: PM Modi

20 Oct 2015

New Delhi: Prime Minister Narendra Modi yesterday said the government has initiated a series of banking reforms including re-capitalisation of PSU banks, change in rules for hiring top management and paper-less transactions to curb the black money menace.

PM Modi,   PM Modi on banking sector,   PSU banks,   India banking sector,   Latest business news,  
Public <strong>sector</strong> banks to recruit 63,200 people this year: P. Chidambaram

Public sector banks to recruit 63,200 people this year: P. Chidambaram

15 Nov 2012

India's public sector banks will hire 63,200 people in the current financial year, nearly a third of which will be by the State Bank of India, Finance Minister P. Chidambaram said on Thursday.

Public sector units,   PSU banks,   P Chidambaram,   Finance Minister,   recruitment in banks,   Banking sector in India,  
Fitch downgrades <strong>banking</strong> outlook to negative on high NPAs

Fitch downgrades banking outlook to negative on high NPAs

06 Jul 2016

Mumbai: Rating agency Fitch has downgraded the banking sector outlook to negative, from stable, due to more downside risks emanating from rising stressed loans and weak corporate earnings, which may further roil banks.

Fitch,   banking sector,   negative ranking,   NPA,   Rating agency,   banks,   latest Business News,  
SBI expecting Rs 4,000 crore infusion from government this fiscal

SBI expecting Rs 4,000 crore infusion from government this fiscal

05 Dec 2012

State Bank of India on Wednesday said it is expecting around Rs 4,000 crore infusions from government this fiscal that will ramp up its capital base to over 13 per cent.

State Bank of India,   capital infusion,   banking sector in India,   capital adequacy ratio,  
  Raghuram Rajan sees 'great' changes in <strong>banking</strong> <strong>sector</strong>

Raghuram Rajan sees 'great' changes in banking sector

10 Apr 2015

Pune:  Reserve Bank Governor Raghuram Rajan on Friday said banking sector will see major changes in the coming years with the entry of new players, including a postal bank possibly, while public sector lenders will be the biggest "change agents".

Reserve Bank Governor Raghuram Rajan,   Reserve Bank of India ,   banking sector,   Latest news,  

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