MFIN to seek RBI nod to become SRO by month-end

Last Updated: Sunday, December 15, 2013, 12:42

"We have received approval from our board and will soon apply (to become an SRO)... Maybe by the end of this month," MFIN Vice-President Chandra Shekhar Ghosh said.

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.

Is charm of professional institutions waning?

Last Updated: Friday, November 15, 2013, 00:39

It seems that return on higher education is falling as the growth rates of number of professional institutions are tapering down.

Inflation based certificate coming soon: FinMin

Last Updated: Wednesday, October 30, 2013, 20:10

The government will soon introduce inflation-based certificate to provide some cover to households from impact of inflation, a senior Finance Ministry official has said.

MFIs to grow 30-35% for 3-years: ICRA

Last Updated: Tuesday, October 22, 2013, 22:04

Improved fund availability and significant unrealised potential are likely to help the country's micro finance institutions to grow at an annual rate of 30-35 percent over the next three years, a study said.

India calls for timely reform of global financial institutions

Last Updated: Thursday, October 17, 2013, 14:09

India has called for timely reform of global financial institutions, saying it will give "real voice" and participation to developing countries.

High economic growth key to poverty reduction: President

Last Updated: Monday, September 30, 2013, 21:32

President Pranab Mukherjee Monday emphasised the importance of high economic growth for poverty reduction.

Turkey lifts ban on headscarves in public institutions

Last Updated: Monday, September 30, 2013, 20:47

Turkish Prime Minister Recep Tayyip Erdogan on Monday announced that his government would lift a ban on wearing headscarves in public institutions as part of reforms to boost rights.

Establish quality academic institutions: Prez

Last Updated: Wednesday, September 25, 2013, 17:40

President Pranab Mukherjee on Wednesday said steps should be taken to make the country the seat of world class learning by establishing quality academic institutions.

Cyber security costs soar at global financial institutions with increasing hacker attacks

Last Updated: Wednesday, September 18, 2013, 18:46

Most IT security experts at the Sibos agreed that cyber security shall not be considered as a cost center, but as an investment into a bank`s financial soundness and reputation.