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At least 80,000 jobs will be available in the banking sector by the end of this year. The reason behind this spurt is that the number of nationalised banks in the country has now gone up to 21. Apart from the banking sector, thousands of jobs will
The unregulated increase in the banking sector's capital assets can pose a challenge to the economy. In the last few years, banks have attracted huge amounts of liquidity, which can be a cause for optimism, provided it is properly channelized and
Corporate clients, meanwhile, have been reviewing their investment plans after having dropped their previous ideas during the political turmoil. However, the actual injection of capital in this segment might take time, according to several bankers.
Government ownership has been a factor underpinning stability in banking As the new Finance Minister, Arun Jaitley, comes to grips with his portfolio, he will need to quickly focus on the banking sector. Today, Public Sector Banks (PSBs), which
Ladies and gentlemen, Thank you very much for inviting me to speak today...In 2013 total EU trade with Asia reached 1.25 trillion, almost double the value recorded a decade ago and representing over one-third of total EU trade.
Qatar continues to remain investors' preferred markets of in the GCC. Strong growth prospects driven by an expansionary budget are underscored by attractive valuations and healthy corporate earnings growth, Qatar Investment Fund (QIF) noted in its
In its Emerging Market Banking System Datawatch Report released on Thursday, Fitch said: Most major emerging market banking sectors will perform more weakly in 2014 than in recent years due to slower economies, higher rates, seasoning loan books and,
In the GCC, corporate earnings rose by 12.4 per cent year-on-year to $61.8 billion in 2013, according to a study by Global Investment House released on Tuesday. The UAE, posting a 21.3 per cent year-on-year increase, led overall earnings and
Regulators have stopped QR code payments and virtual credit card business carried out by China's major Internet finance giants Alibaba and Tencent, citing security concerns. But seen from reactions of ordinary users, the regulatory move has been
The earnings of Qatar's banks are expected to pick up pace in 2014. The banks are projected to record 11 percent year-on-year (YoY) rise in its earnings this year. Qatari Bank's NII (net interest income) is to exhibit strongest growth, 10 percent