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BANKING REFORM
Sitharaman says NDA revived IDBI Bank after UPA-era bad loan crisisIn response to Rahul Gandhi's opposition to IDBI Bank's privatisation, Nirmala Sitharaman stressed the successful recovery of the bank than...
Govt sets up banking committee under Suresh N Patel to chart reforms for Viksit BharatThe government on Friday constituted a High Level Committee on Banking for Viksit Bharat, appointing former Central Vigilance Commissioner ...
From Patna to Kanpur, can an emerging market fix dirty, broken cities?Patna is set to become the first municipality in Bihar to issue municipal bonds, raising Rs 200 crore for urban infrastructure. This move h...
Government should support both job-creating and frontier industries: EAC-PM chairman DevS Mahendra Dev highlighted the importance of supporting job-creating and frontier industries for future economic growth. He mentioned that ...
IIP growth eases to 4-month low in September as mining output contractsSeptember witnessed a decline in India's factory output growth, falling to 6.7%, the lowest rate observed in four months. The drop is large...
Serbia’s 'leaderless' student movement won the election. Now it must choose a leaderThe Student List has achieved a parliamentary majority in Serbia, marking a significant shift in the political landscape. Comprising variou...
These 7 private and public banking stocks have an upside of up to 27% in one year, according to analystsIf interest rates stay high, and there are signs of a slowdown, banks that depend on retail deposits are the ones to watch carefully. That ...
Global Market: UBS Q3 profit rises 8% to $2.69 billion, accelerates buyback planETMutualFunds identifies Axis, SBI, Kotak and Nippon India small-cap funds using parameters such as rolling returns, consistency, downside ...
India in striking distance of 8% growth as reforms boost economy: Shaktikanta DasDas said the BFSI sector has a crucial role to play in India's journey from a lower-middle-income economy to a high-income economy, through...
- Dynamic pricing's unacceptable in insurance, big payouts erode value: IRDAI chief Ajay Seth
IRDAI chief Ajay Seth criticises the approach of some digital platforms, warns high commissions leave less in the risk pool, push up premiu...
Regional rural banks to set up cybersecurity centres, develop threat intelRegional rural banks are set to improve their cyber security through the establishment of cyber security operations centres. They will also...
FCNR(B) scheme has bought India 3-5 years, but $170 billion repayment cliff looms: Uday KotakUday Kotak has described India’s $130-billion-plus FCNR(B) mobilisation as a “strong insurance policy” against global shocks, but warned th...
Brazil presidential election results: Five economic challenges facing re-elected President LulaBrazil's economy is encountering significant challenges as President Lula starts his fourth term in January. Soaring public debt and rising...
Insurance commission: IRDAI extends time for feedback to October 31The regulator is engaging with different stakeholder groups and has not reached a conclusion on the proposals, IRDAI chairman Ajay Seth had...
AI driven cyberattacks pose growing threat to capital markets, warns NSE's Ashish ChauhanDuring the ANMI convention in Mumbai, Ashish Kumar Chauhan stressed the urgent need to address AI-driven cyber risks threatening the financ...
Target reached, but asset monetisation to continue: DIPAM secretary Arunish Chawla"We have already identified a cluster of 10 national highways, which will provide the underlying capital asset. So, the second public InvIT...
PSBs step up AI adoption, cyber resilience under EASE₹ise 8.0 reformsPublic sector banks in India are focusing on adopting artificial intelligence and enhancing cyber security measures. They are modernizing t...