The number of cyber crimes in India could touch 3,00,000 in 2015
Non-resident individuals (NRIs) have also been allowed to apply for the niche banking licence, provided they plan to return to India.
Some leading private and foreign banks in the country have started checking scores of credit information companies such as Credit Information Bureau Ltd as part of their pre-employment screening process.
TCS had in recent weeks been the subject of reports of a large number of layoffs.
A host of lenders, including State Bank of India, IDBI Bank, Indian Bank and Andhra Bank, have lined up meetings of their asset-liability committees this week, to review their lending and deposit rates.
TCS is confident of bringing in industry-leading numbers, despite soft third quarter results
Some analysts believe underperformance of the TCS stock may continue.
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Private banks account for a total of 21.15 per cent in terms of advances in the overall banking system.
In the policy banks, the government can have 100 per cent stake, McKinsey said.
Half of the sharp rise in stocks in 2014 was driven by re-ratings - rise in price-to-earning ratios on hopes the new government would turn around the economy which will reflect in corporate earnings.
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2014 made a lot of promises; can the new year deliver?
The banking sector is set to move at a fast pace from hereon.
The S&P BSE Sensex has rallied about 28 per cent in 2014, after formation of a stable government at the Centre.
High interest rate, policy uncertainty in the year of elections, along with risk aversion led to slow takeoff in credit demand on the corporate front.
Experts hail 2014 as the worst year for banks.
The preference for digital banking now cuts across all customer segments.
RCap had proprietary investment book of Rs 2,000 crore (Rs 20 billion) as on end-March and owns stake in a host of companies.
Union Bank of India, Canara Bank, Andhra Bank, Saraswat Co-operative Bank and YES Bank have come together to allow inter-bank fund transfers through debit cards.
Bankers say loan demand was more muted this festival season than last year.
Weak production outlook, low crude oil prices and regulatory issues could keep the scrip in check
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