'Stakeholder sentiment in residential realty remained subdued'

Last Updated: Tuesday, January 6, 2015, 20:30

Despite signs of revival in the Indian economy, the stake-holder sentiment in the residential real estate space did not improve during October-December quarter, mainly due to liquidity issues and lesser number of transactions, according to a study.

Take decisions without fear or favour: Govt to banks

Last Updated: Monday, January 5, 2015, 16:27

The Finance Ministry communication further said that banks should take all commercial decisions "objectively, based on facts of the case".

RBI, US financial regulators sign info sharing agreement

Last Updated: Friday, January 2, 2015, 20:32

The RBI has signed an information sharing agreement with US banking regulators for better coordination with them in supervising financial institutions.

FinMin mulls roping in private professionals for top job at PSBs

Last Updated: Friday, January 2, 2015, 16:46

The Finance Ministry is considering a proposal to rope in professionals from the private sector for appointment of chairman and CEO-cum-managing director in state-owned financial institutions as it looks for talent from a wider pool of applicants.

Financial institutions asked to register for FATCA by Dec 31

Last Updated: Tuesday, December 30, 2014, 22:56

All Indian financial institutions with exposure to the US will have to register by Wednesday with the American tax authorities to avoid a hefty penalty tax of up to 30 percent under the new Foreign Accounts Tax Compliance Act (FATCA).

Arun Jaitley to begin pre-budget consultations from Jan 6

Last Updated: Tuesday, December 16, 2014, 22:34

Finance Minister Arun Jaitley will hold pre-budget consultations with different stakeholders including trade unions, financial institutions and economists beginning January 6.

Only 48% of Indian adults have access to bank account: Report

Last Updated: Tuesday, December 2, 2014, 15:06

Only 48 per cent of Indian adults have bank accounts and nearly half of them lie dormant, says a report.

When China seeks investments, diplomatic rows are no barrier

Last Updated: Monday, December 23, 2013, 10:07

Santander, Spain`s largest bank, announced on December 10 that it was buying an 8 percent stake in Chinese state-controlled Bank of Shanghai.

FinMin asks financial institutions to provide more credit to farmers

Last Updated: Friday, December 6, 2013, 16:01

The Finance Ministry has asked financial institutions to provide more credit to farmers in view of good monsoon and it may be willing to increase budget amount for farm sector, Minister of State for Finance J D Seelam said on Friday.

S'pore banks told to boost security after StanChart data theft

Last Updated: Friday, December 6, 2013, 15:38

Singapore's central bank has called on financial institutions to tighten up cyber security after a database on elite customers of Standard Chartered Bank was compromised.

'Retail investors to return when consumer interest protected'

Last Updated: Thursday, December 5, 2013, 17:24

Safeguarding the interest of consumers of financial products by strengthening regulations and increasing awareness is imperative in bringing back retail investors to markets, an Assocham-Brickwork Ratings study Thursday said.