banking

 

Bill for quick prosecution in cheque bounce cases passed by LS

Jul 23 2018 | 34 mins ago

A bill for quick prosecution in cheque bounce cases and provide compensation to the complainant was passed by the Lok Sabha today.

China steps up regulations of $3 trillion bank wealth management products

Jul 20 2018

China’s banking and insurance regulator on Friday released long-awaited draft rules to strengthen regulations of commercial bank wealth management businesses, the latest step by Beijing to fend off systemic financial risks.

Euro zone banks at risk if rates rise sharply: IMF

Jul 19 2018

Euro zone banks would face a “material impact” on their capital and cash positions if interest rates rose abruptly, the International Monetary Fund said on Thursday, urging local watchdogs to sharpen up their analytical tools.

Lloyds Bank plans three EU subsidiaries after Brexit: Sources

Jul 17 2018

Lloyds Banking Group plans to operate three subsidiaries in continental Europe after Britain leaves the EU, according to a source familiar with the matter, in a sign of how Brexit is fragmenting a banking industry long concentrated in London.

Goldman Sachs beats on strength in bond trading, investment banking

Jul 17 2018

Goldman Sachs Group Inc reported a better-than-expected quarterly profit on Tuesday, driven by growth in bond trading and investment banking.

No claimants for India-linked dormant Swiss bank accounts!

Jul 15 2018

It is the third year since Swiss banks made public a list of accounts lying dormant without any trace of owners and no claimant has come forward for those with Indian links, even as a political slugfest continues in India over alleged black money parked there.

Take Five - World markets themes for the week ahead

Jul 14 2018

Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.

Nifty settles above 10,900-mark, up 94.35 points

Jul 10 2018

Rising for the third session, the Nifty 50 index climbed 94.35 points to end at an over five-month high of 10,947.25 today on broad-based buying led by energy, realty, metal, banking and auto sectors.

Hiring activity up 9% in June; auto sector sees highest growth: Report

Jul 09 2018

Hiring activity increased by nine per cent in June 2018, on a year-on-year basis, according to a jobs site which tracks the numbers.

CBI looks for banking, tax experts to help probe in multi-crore scams

Jul 08 2018

CBI has sought deputation of banking and tax experts from other ministries with an offer of good monetary incentives.

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