India banking sector

India banking sector News

Corporates are the ones suffering poverty in more ways than one

Corporates owe banks, and the public, crores. They’re the ones suffering poverty in more ways than one.

Policy intervention: After discoms and road sector, focus should shift to steel, iron and sugar

The banking sector has an exposure of around Rs 5,80,000 crore (9.4 per cent of total banking credit) to the power sector and it has contributed significantly to the rise of NPAs in public sector banks.


Gyan Sangam set to kick-start financial sector reforms

McKinsey to guide bank chiefs in suggesting reforms; finance minister to be present at conclave.

Indian banks assets under stress rise,may get worse : Reserve Bank of India

With stressed assets expected to get worse,Reserve Bank of India cautions risks have spiked.

P. Chidambaram: Growth in banking sector great achievement of UPA govt

P. Chidambaram said government has made great efforts to achieve this growth.

Sharp decline in Indian rupee to hit country,says Fitch Ratings

Fitch,however,was quick to add that weak Indian rupee would not trigger rating action.