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Banking And Financial Services Fund

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Pakistan Boosts Military Spending By 20%

India has decided to submit a dossier at the upcoming Financial Action Task Force (FATF) meeting, calling for Pakistan to be placed back on the grey list of the global money laundering and......

After IMF, India to oppose World Bank's $20 bn loan to Pak

India will next month oppose the World Bank funding to Pakistan, just as it had done in the case of the International Monetary Fund, arguing that Islamabad had used such funds in the past to......

'I'm Not A Chor'

Breaking his silence after nine years, Vijay Mallya said he may return to India if assured a fair trial. IMAGE: Vijay Mallya outside the Westminster Magistrates Court in London. Photograph: Simon......

Is this why govt sacked Subramanian as IMF exec director?

The Congress on Tuesday claimed the government suddenly terminated K V Subramanian's position as India's executive director at the IMF due to "impropriety", and raised questions of "wastage of......

India Wants Pakistan Back On FATF 'Grey List'

Re-entry into the list could have far-reaching consequences for Pakistan, including diminished foreign investment, increased borrowing costs, and tighter scrutiny from global financial......

Improve Customer Service, Banks Told, Or Else!

In 2023-2024, 95 scheduled commercial banks received over 10 million complaints from their customers.The process of KYC at many banks has become 'HYC' -- harass your customer, points out Tamal......

Banking, financial stocks drag Sensex down by 427 points

Benchmark equity indices Sensex and Nifty declined on Wednesday, dragged down by banking and financial stocks amid weak trends in global markets. Photograph: Arko Datta/Reuters Besides, weak......

RBI considers fresh guidelines to curb mis-selling

Concerned over the rise in mis-selling of products by banks and non-banking financial companies (NBFCs), the Reserve Bank of India (RBI) is examining whether to come up with norms to curb such......

Bank Deposit Insurance May Be Hiked From 5 Lakh To...

The revised ceiling will be within the Rs 10 lakh mark. IMAGE: Account holders queue outside a branch of the New India Co-operative Bank in Mumbai after the Reserve Bank barred it from offering......

'Indian Markets To Outperform For Next 20 Years'

'When you have the best market at your doorstep, international diversification is a distraction.' Illustration: Dominic Xavier/Rediff Foreign flows to Indian stock markets have started to trickle......

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GUJARAT, HIMACHAL GO TO POLLS

The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain...
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