financial services

financial services News

For the unbanked

Financial inclusion mission needs sustained supervision by finance ministry.

Banking sector may create up to 20 lakh new jobs: Experts

Banking sector will generate 7-10 lakh jobs in the coming decade and the sector would be among top job creators in the year 2014.


‘Economy to rebound next fiscal on strong growth in H2FY14’

The economy is likely to see a revival in FY15, with growth in the second half of the fiscal likely to pick up to 5.2 per cent, said TCA Anant.

Ex-Barclays boss to make banking entry via Africa

The vehicle will be managed by Atlas Merchant Capital,the merchant bank Diamond has set up in New York.

IT spend on mobility to grow 15%,security and privacy top concerns

Companies to rethink their IT strategy as mobility changes the way the business operates.

Record 2,170 billionaires globally; Asia fastest-growing region

The average net worth of the world's billionaires stood at $3 billion.


Singh brothers sell 6.13 pct stake in Religare for Rs 322 cr

The shares were purchased by CB Green Ventures and India Horizon Fund.

NSEL owes Rs 253 crore to Motilal Oswal group

NSEL owes Rs 195.24 with respect to the positions taken by its clients through the broking platform.

Only 3.6% households in India go in for cashless transactions: Survey

Shockingly,only about 11 pct households in urban areas undertake cashless transactions.

Finance Ministry warns wilful defaulter again,asks banks to nail them

In FY'13,banks restructured Rs 75,000 crore loans under the CDR mechanism.