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Posts tagged Banking (Page 3)
EXPLAINER: Banking royal commission interim report due TREASURER Josh Frydenberg has delivered a scathing rebuke to financial institutions for their “greed”-driven misconduct — and the banking regulator for not doing enough to punish poor behaviour. Mr Frydenberg was speaking today at a press conference in Melbourne to release...
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September 28, 2018 Loknath Das
Banking
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Josh Frydenberg releases the banking royal commission report, saying the culture and conduct of the financial sector have fallen below community standards. Photograph: David Crosling/AAP The banking royal commissioner, Kenneth Hayne, has blasted Australia’s financial services industry for putting greed and the pursuit of short term profits ahead...
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September 28, 2018 Loknath Das
Banking
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The behaviour of Australia’s big four banks, as well as insurance and superannuation providers, will be scrutinised in the banking royal commission interim report. Photograph: Joel Carrett/AAP Thanks for joining us today. Amy Remeikis had to run over to Ultimo to appear on the Drum, if you switch...
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September 28, 2018 Loknath Das
Banking
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Gone are days where mobile phones were used just to make calls, send messages, and take photographs. An increasing number of us are using our phones for financial transactions. According to the Reserve Bank of India’s (RBI) annual report for 2017-18, mobile banking services witnessed a growth of 92 per...
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August 30, 2018 Loknath Das
Banking
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The government took measures on the banking and financial front to provide relief to people in Kerala NEW DELHI: The government on Wednesday took several measures on the banking and financial front, including concessional loan for rebuilding houses, to provide relief to the people in flood-ravaged Kerala. Financial Services...
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August 30, 2018 Loknath Das
Banking
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At least a dozen banks, fintechs and telecom firms are lining up to get a piece of Hong Kong’s retail and small business banking market as the regulator prepares to award the former British colony’s first online-only banking licences. Bidders hoping to challenge the dominance of HSBC and...
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August 30, 2018 Loknath Das
Banking
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