You Searched For "financial sector stress" and got 20 results
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1 min read
Fundamental drivers of economy gaining momentum, India on sustainable growth path: RBI Governor Das
In the inaugural address at FIBAC 2024, the governor said that massive changes are taking shape in …
PTI
5 mins read
School's out, and parents' financial stress is in
Summer can be a money pit for parents scrambling to keep their kids entertained in July and August.
Dan DeFrancesco
3 mins read
Time to push divestment of state-owned banks, says SBI report
With regard to the privatisation of IDBI Bank, it said the government and Life Insurance Corporatio…
PTI
4 mins read
India's diamond sector faces major crisis amid plummeting imports, exports, and massive job losses
According to the think tank data, a 24.5% drop in rough diamond imports from USD 18.5 billion in 20…
3 mins read
Budget 2024: More affordable housing, lowered rent TDS — here’s what will change for the housing sector this year
Union Budget 2024 delivers massive boost with 3 crore affordable houses and tax cuts. Here's all th…
3 mins read
SEBI asks mutual fund industry to proactively conduct stress test
Speaking at a mutual fund event, Gopalakrishnan highlighted the importance of modelling stress scen…
PTI
2 mins read
SBI aims to become first financial firm to cross milestone of Rs 1 lakh crore profit: Chairman
SBI recorded a standalone net profit of Rs 61,077 crore in FY24, registering a growth of 21.59%.
PTI
4 mins read
India to introduce UPI payment service in Maldives
"Witnessed signing of MoU between (the) National Payments Corporation of India and (the) Minist…
PTI
1 min read
China is merging hundreds of small banks to fend off financial stress
2,100 banks could be affected as China looks to curb the bad loan environment of its rural communit…
Filip De Mott
2 mins read
Risk-based premium for deposit insurance merits consideration: RBI Deputy Governor Swaminathan
Speaking at a conference in Jaipur, Swaminathan also said that as the financial sector becomes more…
PTI
2 mins read
Banks' gross NPAs at 12-yr low, may fall further to 2.5%: RBI report
Among bank groups, public sector banks (PSBs) recorded a substantial reduction (76 bps) in their GN…
PTI
2 mins read
Household savings are choosing mutual funds over banks to invest savings: RBI Governor
The households are choosing the capital markets over the banks to park or invest their savings, hig…
ANI
6 mins read
Mutual funds stress test: What it means for you
Over the past two years, several mid- and smallcap schemes have been launched by asset management c…
3 mins read
Amid growing political uncertainty in Pakistan, IMF expresses concern over its financial stability
The IMF noted that despite a coalition government formed by the alliance of Pakistan Muslim League-…
ANI
1 min read
Indian banks' credit profiles well placed to weather global banking sector stress: Moody's
The credit quality of Indian banks and non-bank financial institutions will remain resilient despit…
ANI
2 mins read
The banking crisis risks severe spillover across the financial sector and beyond, Moody's says
Strategists at the ratings agency warned that, even though policymakers responded to the bank turmo…
Phil Rosen
2 mins read
RBI governor asks realty companies to stress test their books
The governor of Reserve Bank of India (RBI) Shatikanta Das said on Wednesday that the recent measur…
1 min read
RBI to act early to prevent any risk to India's fastest growth potential: Guv Shaktikanta Das
Reserve Bank Governor Shaktikanta Das on Thursday said India is one of the fastest growing major ec…
PTI
5 mins read
SVB: What the worst bank failure since 2008 means for markets, the financial sector, and interest rates
Silicon Valley Bank's sudden death has implications for the stock market, the US banking system and…
Zahra Tayeb
3 mins read
The new normal: Emergency funds to cover six months of expenses not enough anymore say financial planners
The experience during the pandemic changed us in several ways. We realised the importance of health…