NEW DELHI — Finance MinisterArun Jaitley on Monday said India needs fewer and mega banks to achieve economies of scale in the sector ... utilisation, the economies of scale as far as banking sector is concerned are of great help," he said....
The slowdown of the Europeaneconomy is "significant" and the European CentralBank (ECB) could change its interest rates guidance if it becomes clear the situation isn't temporary, an ECB governing council member has said ... The slowdown of the European economy is "significant" and ......
Governor of the StateBank of Pakistan Tariq Bajwa has said the country has come out of the financial crisis with the help of friendly countries and the economy has been set on the right path. Speaking at a private university in Lahore on Monday, he said uncertainty in the economy had ended ... It has so far retired about $2.9tr to the scheduled banks....
Bank of JapanGovernor Haruhiko Kuroda told the Japanese parliament the central bank was ready to ramp up stimulus if a rising yen hurts the economy and keeps Japan from hitting the bank's 2 percent inflation target....
Efforts set to help commercial banks expand credit options for small firms ... They understand that the Chineseeconomy can only rise along with private enterprises and that commercial banks should follow in the footsteps of these companies, whereas speculation is just a method of short-term investing....
Bank of JapanGovernor Haruhiko Kuroda said on Tuesday the central bank was ready to ramp up stimulus if sharp yen rises hurt the economy and derail the path towards achieving its 2 ......
This implies that policy choices are non-zero and, therefore, with the tapering of the Bank of Ghana (BoG) and Ministry of Finance (MoF) financial sector measures, we can begin to analyse the high fiscal and other costs they impose on the economy, investors, taxpayers, depositors, and employees....
ReserveBank of India governor Shaktikanta Das will meet top officials of state-run banks and private sector lenders later this month to discuss the issue of transmission of the central bank’s rate cut move to the wider economy... FM Arun Jaitley said the country needs fewer and bigger banks to achieve economies of scale in the banking space....
"Mobile phones will become banks.". Phone-based banking has proven a hit among the poor in other emerging markets such as China, India and Kenya...GRAYECONOMY ... "People who work and live in the informal economy do not want to be taxed," said Carlos Lopez, director for retail strategy and new digital business at Mexico's largest bank, BBVA Bancomer....
Bank of Japan governor Haruhiko Kuroda said today the central bank was ready to ramp up stimulus if sharp yen rises hurt the economy and derail the path ......
After his customary post-Budget meeting with the central bank board, finance minister Arun Jaitley said India needed fewer and larger lenders to achieve the economies of scale, amid speculation that more mergers may be in the offing in the public sector banking space after the amalgamation of Vijaya Bank and Dena Bank with Bank of Baroda....
Banking giant Barclays has ramped up measures to help small businesses navigate the risks posed by continued Brexit uncertainty ... Ian Rand, chief executive of Barclays BusinessBank, added. “SMEs are the lifeblood of the UK’s economy and the good news is that we continue ......