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Home » Archives by category » Governance » BFSI (Page 2)

‘Banks Board can be effective in risk management’

‘Banks Board can be effective in risk management’

New Delhi, April 6: A majority of the banks in India favour a Banks Board that can help mitigate and manage the risks of the banking industry, according to a…

Global Economic Turmoil: Impact on Indian Economy

Global Economic Turmoil: Impact on Indian Economy

By Harun R Khan, Deputy Governor, RBI The inter-linkage of Indian economy with the rest of the world has been growing at a rapid pace, and therefore, global developments influence…

Public Sector banks lost at least Rs 30,873.86 crore to frauds in 4 years

Public Sector banks lost at least Rs 30,873.86 crore to frauds in 4 years

New Delhi: March 26, 2016 THE 26 public sector lenders, which are expecting a Rs 25,000 crore government bailout in the coming financial year have lost at least Rs 30,873.86…

Will tackle bank stress problem at its core: Jaitley

Will tackle bank stress problem at its core: Jaitley

New Delhi, March 18  Finance Minister Arun Jaitley said on Monday that his government will find a lasting solution to the financial stress of banks by addressing issues at the…

India’s star shines bright in global gloom, says IMF chief Christine Lagarde

India’s star shines bright in global gloom, says IMF chief Christine Lagarde

PTI New Delhi: March 12, 2016 Appreciating continuing reform process in the country, IMF chief Christine Lagarde on Saturday said “India’s star shines bright” amid global economic challenges and can…

Gujarat tops the list of states with most investment potential

Gujarat tops the list of states with most investment potential

PTI New Delhi: March 10, 2016 Gujarat has topped the list of 21 states with most investment potential that has been drawn up by economic think-tank NCAER. Gujarat is followed…

Government to digitally connect rural post offices by March 2017

Government to digitally connect rural post offices by March 2017

New Delhi: March 6, 2016 The government will digitally connect all rural post offices by March 2017, Parliament was informed. “Government is digitally connecting all 1,29,323 gramin dak sewak post…

Budget has given RBI space to cut rates: Jayant Sinha

Budget has given RBI space to cut rates: Jayant Sinha

New Delhi, March 3: The union budget 2016-17, with the target of holding the next fiscal’s deficit at 3.5 percent of GDP, has given space to the Reserve Bank of…

4 R : Recognition, Recapitalization, Resolution, and reform required for PSBs

4 R : Recognition, Recapitalization, Resolution, and reform required for PSBs

ICTpost News Network New Delhi: Feb 27, 2016 The Economic Survey 2015-16 tabled in Parliament by the Union Finance Minister Arun Jaitley presents an optimistic picture of Indian economy stating…

Promotion of Payments through cards and digital means 

Promotion of Payments through cards and digital means 

New Delhi: Feb 24, 2016 The Union Cabinet chaired by the Prime Minister Narendra Modi has given its approval for introduction of steps for promotion of payments through cards and…