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NEWS
Global stock markets rally on signs of stabilizing banking sector
Wed, Mar 22, 2023     Source : Mint
Global stock markets rallied on Tuesday, with a surge in bank shares as fears of banking crisis eased.
NEWS
Interest rates nearly peaked, may go up by another 25 bps: UCO Bank CEO
Tue, Jan 03, 2023     Source : Business Standard
Soma Sankara Prasad, managing director and chief executive officer of the Kolkata-based lender in an interview that he expects strong interest for the rupee trade from several nations
NEWS
SBI, Axis, ICICI Bank to go live on 'Rupay Credit card on UPI' by March
Mon, Dec 26, 2022     Source : Business Standard
Move likely to cause a spike in daily transaction values on this feature, see many UPI users absorbed into credit card ecosystem
MUTUAL FUNDS NEWS
Banking funds could outperform if economic recovery continues unimpeded
Tue, Nov 22, 2022     Source : Business Standard
Global factors causing a slowdown and overexposure to this sector are key risks
NEWS
Ujjivan SFB reports 44 % YoY growth in advances in Q2, loan book expands
Fri, Oct 07, 2022     Source : Business Standard
Lender reports 45% growth in deposits to Rs 20,389 crore at the end of the quarter
NEWS
Banks alert customers about mobile banking malware targeting over 200 apps
Wed, Sep 21, 2022     Source : Business Standard
This malware captures the credentials when users log into their net-banking apps and access bank accounts
NEWS
Govt committed to banking reforms: FM Nirmala Sitharaman
Tue, Sep 06, 2022     Source : Economic Times
The Centre will go ahead with banking sector reforms that envisage privatisation of two lenders, finance minister Nirmala Sitharaman said Monday at the Elara India Dialogue, underscoring North Block's reso...
NEWS
RBI rate hike good for banking sector: SBI report
Thu, May 05, 2022     Source : Mint
The decision to hike rate will be ultimately good for the banking sector as the risk is getting re-priced properly, SBI’s Economic Research Department said in a report.
MUTUAL FUNDS NEWS
Is it a good time to invest in banking sectoral funds now?
Wed, May 04, 2022     Source : Mint
The banking and financial sector has been underperforming against the benchmark index on the back of uncertainties over the asset quality and the moderate credit growth worsened by pandemic-led disruptions...
NEWS
Moody's expects Indian banking sector to stabilise on economic rebound
Tue, Apr 12, 2022     Source : Economic Times
Global credit rating agency Moody's expects India's banking sector to stabilise this year riding on a gradual economic recovery, improving consumer and business confidence, the decline in bad loan provisio...
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