Search Results for: banking sector

Why is Yes Bank board wary of tycoon who wouldn't invest if it was 'No Bank'?

The past of the Canadian who made the $1.2-billion bid for Yes Bank controlling stake is so mysterious with vastly contrasting narratives that Netflix wants to tell his story.

Dec 11, 2019

SBI under-reported bad loans by Rs 12,000 crore in FY 19, reveals RBI report

The gross non-performing assets (NPAs) reported by the bank stood at Rs 1.73 lakh crore as on March 31, 2019. However, gross NPAs as detected by RBI was at Rs 1.85 lakh crore for the period.

Dec 10, 2019

Ticking time bomb? Rajan warns of crisis in realty, infrastructure segments

The former RBI governor said real estate, construction and infrastructure sectors are in deep trouble amid the growth recession of low economic expansion and growing unemployment.

Dec 8, 2019

Big boost to middle-income segment on the cards as income tax rates may be cut

Finance Minister Nirmala Sitharaman hinted at the possibility of the government revising personal income tax rates and raising the taxable income floor.

Dec 8, 2019

Finance Minister Nirmala Sitharaman invites suggestions on 'GST Feedback Diwas'

As per the arrangement, people with suggestions can approach GST offices across the country and give their suggestions.

Dec 7, 2019

Auto component industry's turnover falls over 10% in H1

According to data furnished by the Automotive Component Manufacturers Association of India, the industry turnover during the period under review declined by 10.1 per cent to Rs 1.79 lakh crore ($26.2 billion) over the first half of the previous year.

Dec 7, 2019

Will DHFL depositors have respite as administrator seeks all creditors' claims?

RBI-appointed official has asked creditors including depositors to submit their claims before December 17; depositors asked to choose one of the three authorised insolvency professionals

Dec 7, 2019

Vodafone Idea to shut if it doesn't get relief, says company chairman

The Supreme Court in a recent verdict allowed the Centre to recover Rs 92,641 crore in total AGR from telcos, which impacts Airtel and Vodafone Idea the most.

Dec 6, 2019

After Vijay Mallya, PNB scam accused Nirav Modi declared fugitive economic offender

Diamantaire Nirav Modi is one of the key accused caused a loss of Rs 13,500 crore to the Punjab National Bank (PNB) in 2017.

Dec 5, 2019

Market today: Nifty, Sensex gain ahead of expected interest rate cut

Nifty has risen 7.7% and Sensex has gained 8.43% since the last rate cut in October, mainly due to measures such as reducing the corporate tax rate and expectations of more stimulus.

Dec 5, 2019

Govt strives to revive construction sector, focusing on generating jobs

Over the last few years, an increasing number of multi-crore infrastructure and construction projects have gotten entangled in legal issues and court proceedings.

Dec 5, 2019

Public Sector Banks disbursed Rs 4.91 lakh crore loan during Oct-Nov: FM Sitharaman

Finance Minister Nirmala Sitharaman in September asked banks to reach out to customers and signal their willingness to lend following all prudential norms to boost consumption and revive the economy.

Dec 4, 2019

RBI to make sixth interest rate cut, but will it help boost the economy?

Growing by 4.5 percent annually in the June-September quarter, down from 7 percent a year earlier, the economy is expanding well below the rate needed to generate enough jobs.

Dec 4, 2019

RAMpage vulnerability attacks android devices

Dangerous Android flaw allows hackers to steal money, private photos & more: Should you worry?

If you're an Android user, you are certainly at risk of being duped by hackers using this sophisticated technique.

Dec 3, 2019

No need for speed: Why Indigo is telling its pilots to stop pushing its new Jet SE engine to limit?

The company has directed its pilots not use more than 93% thrust on the Pratt engines of the A320neo-family of jets until they reach 25,000 feet

Dec 3, 2019

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Search Results for: banking sector

Why is Yes Bank board wary of tycoon who wouldn't invest if it was 'No Bank'?

SBI under-reported bad loans by Rs 12,000 crore in FY 19, reveals RBI report

Ticking time bomb? Rajan warns of crisis in realty, infrastructure segments

Big boost to middle-income segment on the cards as income tax rates may be cut

Finance Minister Nirmala Sitharaman invites suggestions on 'GST Feedback Diwas'

Auto component industry's turnover falls over 10% in H1

Will DHFL depositors have respite as administrator seeks all creditors' claims?

Vodafone Idea to shut if it doesn't get relief, says company chairman

After Vijay Mallya, PNB scam accused Nirav Modi declared fugitive economic offender

Market today: Nifty, Sensex gain ahead of expected interest rate cut

Govt strives to revive construction sector, focusing on generating jobs

Public Sector Banks disbursed Rs 4.91 lakh crore loan during Oct-Nov: FM Sitharaman

RBI to make sixth interest rate cut, but will it help boost the economy?

Dangerous Android flaw allows hackers to steal money, private photos & more: Should you worry?

No need for speed: Why Indigo is telling its pilots to stop pushing its new Jet SE engine to limit?

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]