Equifax appoints HSBC's Manish Sinha to head country ops

Last Updated: Wednesday, May 6, 2015, 15:40

Sinha, appointed as the managing director and country head for Equifax, will be focusing on retail banking as the head of consumer assets and customer value management.

Banking sector frauds have gone up by over 10%: Deloitte

Last Updated: Thursday, April 23, 2015, 15:50

The number of frauds in the banking sector have increased by more than 10 percent over the last two years, with retail banking witnessing highest number of incidents, says a report by consultancy firm Deloitte.

UAE Islamic banking sector to achieve $263bn assets by 2019

Last Updated: Monday, March 30, 2015, 14:20

Islamic banking is growing at more than twice the rate of conventional banking in the UAE and the sector is on track to achieve USD 263 billion of Sharia- compliant assets by 2019, according to a report.

Late sell-off drags Sensex into red; banking stocks worst hit

Last Updated: Thursday, March 19, 2015, 17:47

The Sensex Thursday closed 152 points down on a late sell-off in bluechips, after rising over 350 points earlier in the session as a dovish Fed stance cooled expectations of an earlier-than-expected US rate hike.

Economic Survey suggests '4-D model' for banking sector

Last Updated: Friday, February 27, 2015, 22:59

The Economic Survey has prescribed a '4-D model' for the banking sector to face competition in the changed environment.

RBI asks banks to brace for high attrition levels

Last Updated: Friday, February 20, 2015, 17:54

With the banking sector being thrown open to niche as well as more private players, RBI deputy governor R Gandhi on Friday warned the industry to brace for higher attrition, being already faced by highly unionized public sector lenders.

India Ratings says capital raising big concern for banks in FY16

Last Updated: Thursday, February 5, 2015, 19:12

Domestic rating agency India Ratings on Thursday said the primary cause of concern for the banking sector will shift to capital raising in 2015-16, away from the asset quality woes, which may subside as the economy picks up.

ECB says banking sector continuing to heal, slowly

Last Updated: Tuesday, January 20, 2015, 15:09

Europe`s battered financial sector is showing further signs of healing as conditions for bank loans ease and demand for loans picks up, a key ECB survey showed on Tuesday.

Swiss franc surge rocks currency brokers, burns banks

Last Updated: Saturday, January 17, 2015, 06:44

The surprise surge in the Swiss franc left currency brokers and banks worldwide licking their wounds on Friday, with at least two brokers declaring insolvency and others warning of heavy losses.

After Rajan, PSU banks' heads now question farm debt waivers

Last Updated: Sunday, January 4, 2015, 16:34

Last month, the RBI Governor had said that debt waiver schemes have constrained flow of credit to farmers.

Govt not to interfere in working of state-owned banks: PM Modi

Last Updated: Saturday, January 3, 2015, 21:59

Prime Minister Narendra Modi pledged not to interfere in the functioning of public sector banks, but wanted the lenders to be accountable failing which interventions in public interest could be made.

Govt to protect commercial decisions by PSU banks: Jaitley

Last Updated: Saturday, January 3, 2015, 20:45

Finance Minister Arun Jaitley on Saturday assured bankers that government was ready to protect their commercial decisions as "risks have to be taken" by them.