Monday , December 11 2017

Tag Archives: banking sector

State-owned banks becoming precious for investors

State-owned banks becoming precious for investors

State-owned banks are becoming dear ones  for investors March has turned out to be a worst quarter for state-run banks, as they have been facing double-whammy of making some bigger provisions for bad loans and at the same time they are facing a hit on their treasury income. This domineering ...

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Modi Government Digitization Drive to Foster IoT

Internet of Things (IoT) will be boosted with the recent Digitization Drive, unprecedently. IoT encompasses a scope for industries to engage their business activities in a better way. Experts revealed that digitization push would benefit in promulgating the growth of Internet of Things (IoT). IoT plays a pivotal role in ...

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RBI Deputy Governor Asserts that using RBI Reserves to Recapitalize Banks is not a Good Decision

RBI-reu

RBI Deputy Governor Viral V Acharya said that it is not the right decision to use RBI Reserves for recapitalizing Banks. RBI Deputy Governor Acharya suggested a new solution to the pressures of capital constraints and rising NPAs. He said that a restructuring of the banking sector is highly recommended. (Reuters) RBI Deputy ...

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