Some consolidation in banking space inevitable: Chidambaram

Last Updated: Saturday, November 24, 2012, 16:17

Stating some consolidation in the banking system was inevitable; Finance Minister P Chidambaram on Saturday said India must have two or three world size banks.

Liquidity is comfortable at the moment: RBI

Last Updated: Wednesday, November 21, 2012, 16:32

The Reserve Bank on Wednesday said there is enough liquidity to take care of the lending activities of the banking system.

Banks' power sector exposure may touch Rs 9 lakh crore by FY15

Last Updated: Wednesday, June 27, 2012, 00:28

Power sector woes might result in significant bad loans in the Indian banking system, whose exposure to this segment is projected to touch Rs 9 lakh crore in next three years, says a report.

'Basel III norms essential for stable global banking system'

Last Updated: Monday, June 11, 2012, 22:37

Timely and consistent implementation of Basel III norms, aimed at bolstering the resilience of banks, is essential to ensure a stable global banking system, a report prepared for the G-20 leaders said Monday.

RBI proposes loaning out govt's excess cash: Report

Last Updated: Friday, April 20, 2012, 10:04

India's central bank has proposed loaning out the government's excess cash to commercial lenders, a daily business newspaper reported on Friday, without citing any sources.

Banking system stable; there are weak spots in economy: RBI

Last Updated: Thursday, December 22, 2011, 21:31

India's banking system is stable and can withstand global shocks, but there are weak spots like decelerating growth and rising fiscal deficit which are needed to be addressed, said a Reserve Bank report.

Banking system stable; there are weak spots in economy: RBI

Last Updated: Thursday, December 22, 2011, 19:15

India's banking system is stable and can withstand global shocks, but there are weak spots like decelerating growth and rising fiscal deficit which are needed to be addressed, said a Reserve Bank report.

British government backs plan to restructure banks

Last Updated: Monday, December 19, 2011, 00:32

The British government will restructure the country's banks by separating their retail activities from riskier investment banking operations, Business Secretary Vince Cable said Sunday.

IMF calls for reform in China's financial system

Last Updated: Tuesday, November 15, 2011, 11:35

IMF on Monday called for China to reform its financial system.

Moody's says meeting with Indian govt, RBI officials routine

Last Updated: Monday, November 14, 2011, 09:17

Moody's has currently assigned Baa3 rating for India, the lowest investment grade rating, with a stable outlook.

S&P upgrades India banking system risk assessment

Last Updated: Friday, November 11, 2011, 13:15

Standard & Poor's (S&P) Ratings Services revised upwards India's banking industry country risk assessment (BICRA) to group '5' from group '6', making it part of a group of countries including China, Portugal, Thailand and Turkey, it said.

Moody's cuts Indian banking system outlook to negative

Last Updated: Wednesday, November 9, 2011, 10:35

Moody's Investor Service on Wednesday downgraded its outlook for India's banking system to "negative" from "stable", as it warned of slowing growth at home and overseas hitting asset quality, capitalization and profitability.