Financial sector News

Das Thursday held a meeting with top officials of credit rating agencies as part of stakeholder consultation exercise.

The government is likely to introduce in the monsoon session of Parliament a separate bankruptcy law to deal with insolvency in financial sector companies that include banks and NBFCs.

Tata Consultancy Services Ltd (TCS) has warned that its financial sector clients in the United States are holding back on discretionary spending, sending its shares tumbling as much as 6.4 percent to a six-month low.

The OECD called Wednesday for financial sector reforms to combat inequality and lift economic growth in developed nations.

Muthoot will be approaching the government seeking permission for private players to do hallmarking and recycling as the 350 BIS-authorised hallmarking centres cannot take the load if the scheme becomes a success.

Prime Minister Narendra Modi on Monday expressed his government's determination to push tax and financial sector reforms to improve business environment.

To ensure common Know-your-Client system for the entire financial sector, SEBI board on Thursday approved the proposal for sharing KYC details with entities regulated by other financial sector watchdogs.