Finance

PMC Case: Coop Banks Body Urges RBI To Recover The Banks Bad Loans

‘The guilty must also be punished to restore the confidence of depositors in coop banking’ Read more

Growth Reaches A Trough; To Start Improving By January: HDFC Bank MD

Economic growth has probably reached a trough and the pace of GDP expansion will start rising by January next year, HDFC... Read more

IOB Disburses Loans Worth ₹430 Cr During Outreach Programme

Public sector Indian Overseas Bank has disbursed loans of ₹430 crore to beneficiaries during a two-day outreach progra... Read more

LICs M-cap Up 17 Per Cent In August

LIC has regained its market share by 17 per cent in first premium income in August 2019, its Managing Director TC Suseel... Read more

Will Modi Show The Political Will To Privatise Big State-run Firms?

Cabinet to review list of PSUs that could be sold to private companies Read more

Central Government May Seek Rs 30,000 Crore Interim Dividend From RBI

Apart from the RBI dividend, there are other means of bridging any shortfall, including mop up from disinvestment and hi... Read more

PMCs HDIL Loan At Rs 6,500 Cr, Or 73 Per Cent Of Total Loan Book: Ex-MD Thomas

HDIL is in the bankruptcy court after being hit by a severe cash crunch following the failure of some of its key project... Read more

RBI Wanted PMC Chairman Waryam Singh To Be Sacked In 2018 For Irregularities: Source

Singh was on the board of HDIL from 2006 to 2015 Read more

DHFL Lenders Are Expected To Complete Debt Resolution Plan Quickly, Say Sources

State Bank of India-led lenders of crisis-hit Dewan Housing Finance Ltd (DHFL) are expected to complete a debt resolutio... Read more

No Restrictions On Operations By Depositors, Says Lakshmi Vilas Bank On PCA

Private sector Lakshmi Vilas Bank sought to assure its customers that being put on Prompt Corrective Action does not mea... Read more

HDFC Bank To Organise 1,000 Grameen Loan Melas

To cover over 6,000 villages Read more

Karnataka Bank Chairman To Head SIBSTC Governing Board

The Chairman of Karnataka Bank Ltd, P Jayarama Bhat, has been unanimously elected as the Chairman of the governing board... Read more

Indian Overseas Bank Mobilises ₹500 Cr

Public sector Indian Overseas Bank on Saturday said it has raised ₹500 crore through Basel III Tier-II bonds issue to ... Read more

Bank Of Baroda Launches Agri Digital Platform

Bank of Baroda launched its agri digital platform “Baroda Kisan” on Saturday. The platform can also be accessed on m... Read more

YES Bank Promoter Entities Sell 2.75 Per Cent Stake

Promoter group companies of YES Bank along with co-founder Rana Kapoor, have sold a combined 2.75 per cent stake in the ... Read more