Banking Sector
- India
Budget 2024: Govt may alter laws to push banking sector reforms
New Delhi: The government is likely to introduce amendments to Banking Regulation Act 1949 and other laws to push banking sector reforms during the upcoming Budget session. Apart from this, amendments in…
- India
PM Modi hits out at UPA regime, says it destroyed banking sector
New Delhi: Prime Minister Narendra Modi on Saturday hit out at the previous UPA government, saying while it destroyed the banking sector with “scams” his dispensation has restored its good financial health,…
- India
Adani crisis: Banking sector resilient and stable, says RBI
Mumbai: Amid concerns over banks’ exposure to the embattled Adani Group, the Reserve Bank on Friday said India’s banking sector is resilient and stable, and the central bank maintains a constant vigil on…
- India
India taking action against spamming, says Sitharaman
Washington: The Indian government is taking action against activities like spamming and intrusion into privacy data, especially in the banking sector, Finance Minister Nirmala Sitharaman has said. Addressing a group of Indian reporters…
- Business
Rate hike good for banking sector as risk getting re-priced: SBI report
New Delhi: The decision to hike policy rate will be ultimately good for the banking sector as the risk is getting re-priced properly, SBI’s Economic Research Department said in a report. “The…