A bill for quick prosecution in cheque bounce cases and provide compensation to the complainant was passed by the Lok Sabha today.
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 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 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 Group Inc reported a better-than-expected quarterly profit on Tuesday, driven by growth in bond trading and investment banking.
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.
Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.
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 increased by nine per cent in June 2018, on a year-on-year basis, according to a jobs site which tracks the numbers.
CBI has sought deputation of banking and tax experts from other ministries with an offer of good monetary incentives.