HSBC condemns past practices as pressure grows over Swiss accounts
HSBC has been in the spotlight after the media published allegations based on information supplied by Herve Falciani, a former employee of the bank.
Feb 10, 2015, 23:33 PM IST
HSBC Switzerland met clients in 25 countries: Reports
The meetings occurred in places as diverse as luxury hotels in Paris and Tel Aviv, a piano bar in Antwerp, the airport in Pointe-Noire, Congo, and a summer residence in Copenhagen.
Feb 10, 2015, 19:41 PM IST
Rate cut to take some time, say bankers
Bankers on Tuesday ruled out an immediate cut in lending rates saying they will wait for the Budget, but termed the RBI policy review as growth-oriented as the reduction in SLR will release more funds into the system.
Feb 03, 2015, 21:20 PM IST
Bankers ask govt to desist from measures like farm debt waiver
Bankers Thursday asked government to desist from resorting to populist measures like farm debt waivers as it affects banks' profitability.
Jan 15, 2015, 22:55 PM IST
Stake sales in PSU banks only at appropriate valuation: Sinha
Government on Saturday made it clear that any decision to undertake a stake sale in public sector banks will be so for an "appropriate valuation".
Jan 03, 2015, 16:21 PM IST
Govt committed to fiscal consolidation: Sinha
Asserting the government is committed to fiscal consolidation, Minister of State for Finance Jayant Sinha on Saturday said the quality of figure was important and hinted at not resorting to massive expenditure cuts.
Jan 03, 2015, 14:34 PM IST
India needs reforms in banking sector, more autonomy for state banks: Arun Jaitley
India needs to "conceive" several reforms in the banking sector, Finance Minister Arun Jaitley told reporters on Saturday on the sidelines of a two-day banking retreat.
Jan 03, 2015, 12:59 PM IST
Gyan Sangam: Modi to brainstorm with bankers on PSB reforms
Also efforts would be to seek "out of box" ideas from prominent experts and from top level managers attending the retreat.
Jan 03, 2015, 09:01 AM IST
Gyan sangam: PM Narendra Modi to meet bankers, regulators today
Prime Minister Narendra Modi will on Saturday meet top bankers, insurers, financial sector regulators and Finance Ministry officials, who assembled here on Friday for a two-day "retreat" to discuss plans for revitalising the banking sector.
Jan 03, 2015, 07:35 AM IST
Be commercially viable, socially responsible: Sinha to banks
Reflecting the government's pro-poor and pro-business approach, Minister of State for Finance Jayant Sinha on Friday asked PSU banks to be socially responsible while ensuring their commercial viability.
Jan 02, 2015, 19:34 PM IST
Gyan Sangam: Low demand for credit an area of concern, says Banking Secretary
Acknowledging that bad loans are "problem area," Financial Services Secretary Hasmukh Adhia on Friday said the low demand for credit is an area of concern and there is need to increase the same.
Jan 02, 2015, 15:53 PM IST
Gyan Sangam: Create structures for easy capital to PSU banks, says Banking Secy
Mergers and acquisitions are not the only way for consolidation in public sector banks, as creating a mechanism for easier access to capital would also improve their balance sheets, Financial Services Secretary Hasmukh Adhia said on Friday.
Jan 02, 2015, 11:53 AM IST
Two-day retreat 'Gyan Sangam' to begin today; focus on public sector banks reforms
Finance Minister Arun Jaitley, RBI Governor Raghuram Rajan, top officials of the Finance Ministry and heads of PSBs will be attending the retreat.
Jan 02, 2015, 09:14 AM IST
Gyan Sangam: Bankers, regulators to discuss ways to revitalise banking sector
On concluding day, Prime Minister Narendra Modi will address the meet Gyan Sangam, a retreat of chiefs of financial institutions.
Jan 01, 2015, 13:52 PM IST
Act professionally, without fear or favour: Jaitley to bankers
Concerned over rising bad loans, Finance Minister Arun Jaitley on Thursday asked the chiefs of PSU banks to deal sternly with the issue of rising non-performing assets without any fear or favour.
Nov 20, 2014, 18:38 PM IST
Bankers rule out slashing lending, deposit rates
Bankers on Tuesday ruled out lowering deposit and lending rates in the near future after the Reserve Bank left all the key policy rates unchanged on enduring worries on inflation front.
Sep 30, 2014, 20:01 PM IST
Morgan Stanley to raise junior bankers'' base salaries by 25%: Report
Morgan Stanley is raising base salaries for junior bankers by about 25 percent in a bid to improve working conditions and retention, Bloomberg said, citing people briefed on the matter.
Jul 29, 2014, 06:51 AM IST
Raising power tariffs in Delhi a regulatory decision: Goyal
For commercial consumers, DERC hiked the power rates by up to 11 per cent.
Jul 17, 2014, 23:21 PM IST
Bankers welcome Budget, say it ushers in growth environment
Bankers on Thursday hailed Finance Minister Arun Jaitley's maiden budget, saying it would create an enabling environment for future growth.
Jul 11, 2014, 13:38 PM IST
Union Budget 2014-15: Bankers welcome Budget, say it ushers in growth environment
Bankers on Thursday hailed Finance Minister Arun Jaitley's maiden budget, saying it would create an enabling environment for future growth.
Jul 10, 2014, 23:35 PM IST
