Journalism of Courage
financial sector
FINANCIAL SECTOR NEWS
Uday Kotak warns 'accidents may still happen' in financial sector despite protection
February 20, 2025 10:44 pm
Uday Kotak said India needs to move from micro-management/over-regulation and toward ushering growth and competition.
Budget 2023: A budget that ticks the right boxes on populism with pragmatism
February 01, 2023 6:19 pm
Despite apprehensions about elections having an impact on the fiscal glide path, the budget offers tax relief to individuals while providing sufficient resources for government schemes
Education loan: PSB target down by 13.5% in FY23 amid rising defaults
November 17, 2022 7:08 am
Banks have been slow in achieving this target, and till the end of June 2022, public-sector banks were able to disburse 19 per cent of the total target. The record was dismal for smaller-sized loans (up to Rs 7.5 lakh loans), since banks were seeing high number of defaults in that category.
Bill Gates calls India’s digital finance approach a global model
December 08, 2020 7:38 pm
“If people are going to study one country right now, other than China, I’d say they should look at India,” Gates said at the Singapore Fintech Festival on Tuesday.
Mahindra & Mahindra Financial Services to raise up to Rs 475 crore via NCDs
April 29, 2020 2:53 pm
In a meeting held on Wednesday, the company approved the allotment of 4,750 secured redeemable non-convertible debentures (NCDs) of the face value of Rs 10,00,000 each aggregating to Rs 475 crore
Sensex ends 59 points higher, Nifty settles largely unchanged; PSU banks gain, metals lose
April 20, 2020 4:09 pm
The S&P BSE Sensex ended at 31,648.00, up 59.28 points (0.19 per cent), while the Nifty settled at 9,261.85, down 4.90 points (0.05 per cent).
India 7th most targeted nation for Web Application Attacks: Akamai
February 21, 2018 2:39 pm
An Akamai report shows that 53,000 cyber attacks were reported in India during 2017, with 40 per cent targeting the financial sector.
Protectionism hurts China's financial sector: Chinese central bank governor
June 20, 2017 9:25 am
Zhou Xiaochuan said some people keen to limit foreign participation in the financial sector were "focused on their own interests" and not doing Chinese financial institutions any favours
To meet Basel III norms, govt to dilute stake in PSBs to 52%
December 11, 2014 1:29 am
Union Cabinet gives nod to banks for raising capital from markets.
Sebi, FMC merger likely in first move on FSLRC report
August 07, 2014 1:33 am
The finance ministry has begun the process on a roadmap for implementing the FSLRC suggestions.
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