Sentences with phrase «of public sector banks»

It is important to take a close and hard look at how to clean up poor and ineffective governance of public sector banks

Parekh called for a total overhaul of the public sector banks allowing the entry of right talent, prospective new investors and the Bankruptcy Code.

Finance ministry sends circular to chief executives of public sector banks asking them to become insurance brokers

In its FY17 union budget, the Indian government announced 250 billion rupees will be allocated toward the recapitalization of public sector banks.

General Manager of a public sector bank also informed that no - frills account holders are coming for opening new accounts with any reasons.

Not exact matches

In its last assessment, S&P said that Portugal's outlook was stable, «balancing our expectation of further budgetary consolidation and likely receding banking sector risks over the next two years against the risks of a weakening external growth environment and vulnerabilities related to high private - and public - sector debt.»

Awtani added provisioning requirements of public sector undertaking banks have increased with the surge in non-performing assets (NPA) and that there still exists stressed loans in the system which will probably be recognized as NPAs over the coming few quarters.

Public sector banks are likely to be more hesitant to lend money to these borrowers because chances of a turnaround for companies with high levels of debt seem unlikely, at least in the near term, according to Awtani.

The latest measures to reform India's public sector banks are merely «fine tuning» of some internal processes, said an analyst at Moody's.

Opportunity: An era of fiscal austerity in the public sector can be a boon for economics employment there, as federal and provincial departments such as Finance, Industry, Foreign Affairs and the Bank of Canada seek analysts who can work the data.

National Australia Bank's MLC - home to the country's largest retail superannuation fund and $ 199 billion in assets under management - officially joined the bulging list of financial services sector initial public offering candidates on Thursday morning, when NAB chief executive Andrew Thorburn flagged intentions to divest the business.

The effect of transfer payments to the financial sector — as well as the $ 5.3 trillion increase in U.S. Treasury debt from taking Fannie Mae and Freddie Mac onto the public balance sheet — is to support asset prices (above all those of the banking system), not inflate commodity prices and wages.

For 30 years, Zen Piotrowski implemented IT projects in an impressive range of industries: healthcare, insurance, banking, financial services, retail, manufacturing, and public sector accounts.

In addition to his public and private ventures, Michael also has experience in the nonprofit sector, where he was Director of Business Development for the Food Bank for New York City, the largest of its kind in the country.

Public sector banks have underperformed on the total priority sector target of 40 % since 2012.

The plans must be feasible to execute within three to six months, and banks were to «make no assumption of extraordinary support from the public sector,» according to the documents.

1) Lower economic strength in light of the diminished medium - term growth outlook, constrained by foreign currency shortages, high inflation, lower public sector spending and a weak banking system.

Furthermore, the higher debt stock is also vulnerable to potential crystallization of contingent liabilities arising from the public sector, which includes the recapitalization of weak public sector banks or state - owned enterprises.

For instance, the magnitude of government financial support for the public sector bank currently being restructured Banco de Poupança e Crédito (BPC) is estimated at around 1.5 % of GDP.

• The character and integrity of those with whom you are doing business • Changing technology as it impacts industries (including the banking industry) • Future changes in the law or even how the law might be interpreted differently 10 years from now • Deteriorating international competiveness (as what happened to our tax code) • Emerging competitive threats • Changes in industrial structure; e.g., new sources of competition • Political influence and unexpected litigation • Public sector fiscal challenges, demographic changes and challenges managing the nation's healthcare resources

The Indian public sector banking system is also in urgent need of reforms to governance, management appointment processes, and decision making.

Today the USA has created one of the largest debts ever recorded, both the public and private sector are heavily indebted, and much of that debt was created while global central banks were keeping rates at record lows over the last decade.

Vietnam Technological and Commercial Joint Stock Bank (Techcombank), one of the largest private sector banks, launched an initial public offering on April 13 to raise up to $ 920 million.

The guiding idea of a public - sector bank is to promote long - term investment to raise productivity, output and employment.

That's according to new analysis by Deutsche Bank analyst Michael Simotas, who said a review of Domino's wage agreement shows the pizza franchisor's current agreement expired in June 2013, and does not pay the penalty rates stipulated in the award covering the fast food sector, including loadings for work after 9 pm Monday to Friday, and on Saturdays, Sundays and public holidays.

The IMF facility makes it mandatory for Ghana to restrain and prioritise public sector spending, increase tax collection and strengthen the effectiveness of the Bank of Ghana's monetary policy role.

«The announcement on bonuses today by Barclays is yet another illustration of the banking sector continuing to ignore the public outrage and disgust at their behaviour.

To support private sector efforts in expanding access to housing, the Ministry of Finance will partner with banks, pension trustees and securities market players to start a process of developing and deepening the local mortgage and housing finance market to offer affordable mortgages at subsidized interest rate beginning with public sector workers.

The biggest number of vacancies is in accounting and professional services (4,442 vacancies available), the public sector (3,415 job openings), investment banking (2,148 openings) and engineering and industrial (1,650 vacancies).

Analysts should not be surprised by the level of public interest in sorting out the banking sector.

Putting it another way, does the strike threat (and the reluctance to confirm whether any strike action would fall over the August bank holiday weekend) perhaps part of a sophisticated strategy show that they are a force to be reckoned with as the Sword of Damocles starts to hover over the public sector?

Public appetite for reform of the banking sector extends well beyond Britain's shores, according to an international poll by Ipsos Mori released today.

He took on a string of lucrative private sector jobs, working as managing director and head of public finance banking at Donaldson, Lufkin & Jenrette, from 1982 until 1995.

McDonnell is not arguing for «nationalization of the commanding heights of the economy» or other nostrums from the 1980s, but for a «mixed economy of public and social enterprise... a private sector with a long - term private business commitment» and a national investment bank channeling # 500 million into the productive economy.

Ann Pettifor said that Labour needs to set the agenda and challenge the idea that public sector is to blame for the crisis and Michael Meacher MP urged Labour to advocate greater public control of banking.

He also announced measures to help economic recovery, including a public sector pay freeze, a levy on bank bonuses and a package of measures to help the unemployed.

With ministers banking on rapid private sector growth to replace the estimated 490,000 public sector jobs expected to be lost, the Prime Minister backed a world of «unprecedented economic change» in which small start - up companies can become global giants in a matter of years.

Already, there are reported cases of some foreign investors exiting our capital market, job losses which may further compound the high unemployment rate, the closure of public sector department in the banks, among other measures being adopted by the operators of the private sector to remain afloat.

Prior to joining UNESCO, Ms. Müller - Marin worked for the Pan American Health Organization, UNDP, the World Bank, Interamerican Development Bank, the Organization of American States, Spanish Government Cooperation, the National Center for State Courts and USAID - funded programs in public sector reform.

This position gives me the opportunity to keep in touch with projects of different sectors such as Health, Public Administration, Occupational Risk Prevention, Banking and Automotive industry.

«No Money in the Bank» does more than layout the many dimensions of the public sector pension crisis in crisp, highly readable prose, though it does that very well indeed.

From banking and energy to airlines and transportation, liberals and conservatives both worked to promote deregulatory initiatives spanning vast sectors of public policy.

Informative leaflets will be distributed and special elements will be placed around the stand, to acquaint the public with the products of FCA Bank, the financial company specialising in the automotive financing sector.

As Dimitri Volkmann, vice president for products and markets at Good Technology puts it, «We are seeing rapid adoption of tablets across a lot of highly regulated sectors — from public utilities to financial services, banking and healthcare.»

«We are seeing rapid adoption of tablets across a lot of highly regulated sectors — from public utilities to financial services, banking and healthcare,» said Dimitri Volkmann, vice president for products and markets at Good Technology.

Among the corporates, over 90 % of exposure belongs to financials sector, with popular names like Malayan Bank, CIMB Bank, Public Bank and RHB Bank.

In short, what privatization has happened in China has benefited those connected to the Party, while the banking sector the economy is the slave of the Government, despite the offering of shares to the public.

The situation in Toronto is not as bad as in Vancouver, according to Warren Lovely, head of public - sector research and strategy at National Bank.

Salaried employees, doctors, employees of the public or private sector and employees of government sector will come under the HDFC bank personal loan eligibility.

Despite Spain's relative good standing in terms of public finances and its banking sector, the country's unemployment rate stands at a crippling 20 %.