Search Results for: debts

Rajan's reappointment as RBI chief likely under Modi's rule

With Modi's patronage, it is more likely the government will reappoint Rajan, whose three-year term expires in September.

Jun 1, 2016

Time ripe to merge state-run banks, says Banks Board Bureau chief

Vinod Rai said the consolidation exercise would cut the number of state banks to no more than six from 27 now.

May 24, 2016

bank credit, rbi, demonetisation, india slowdown, economy, urjit patel, pm modi

Indian banks akin to patients in ICU; surgery was inevitable: RBI deputy governor

SS Mundra, deputy governor of Reserve Bank of India (RBI), says the surgery has been "successful" but now banks need to "change their lifestyle".

May 16, 2016

India passes Bankruptcy bill; changes to DRT and Sarfaesi Acts still on hold

A solution to India's bad debts could be possible with the three laws in action together, reported Mint.

May 12, 2016

India amends mining law in boost to cement mergers and banks

Lenders including SBI have been trying to forge tie-ups between distressed cement, steel and power companies.

May 3, 2016

Vijay Mallya says he is in forced exile, has no plans to leave UK: Financial Times

In the interview, Mallya also denied allegations of syphoning off crores of rupees from IDBI bank and laundering it overseas.

Apr 29, 2016

Nassar, Radikaa Sarathkumar ask Simbu not to leave Nadigar Sangam

Simbu recently announced his decision to quit the Nadigar Sangam due to lack of support from the actors' guild.

Apr 22, 2016

Good policy, not good fortune behind India's economic growth: PM Modi

Indian PM Narendra Modi says the country's low inflation, low current account deficit and and high growth rate are the result of sound economic policies.

Mar 29, 2016

Mounting debts could derail China's plans to cut steel, coal glut

Tackling industrial overcapacity has become a priority for Beijing to make its slowing economy more efficient.

Mar 23, 2016

Kingfisher Airlines Vijay Mallya KFA employees protest

Vijay Mallya case: Kingfisher Airlines employees plan to move Supreme Court

The employees of now-defunct Kingfisher Airlines headed by Vijay Mallya had Saturday also written a letter to PM Narendra Modi.

Mar 12, 2016

Rise in bank credit growth won't be sustainable, say analysts

Both lenders and borrowers have constraints, limiting credit growth, says analysts at Nomura and DBS Bank.

Mar 11, 2016

Supreme Court issues notice to Mallya, gives two-weeks to reply

To a question on his whereabouts, the Centre replied the MP has left the Indian shores.

Mar 9, 2016

Ambani's $20 billion bet on TV, telecoms may rekindle wealthy brothers' rivalry

Mukesh Ambani's television unit has been aggressively wrapping up deals with hundreds of small players in a street-by-street effort.

Mar 8, 2016

India's $16 billion wage bonanza may force Jaitley to cut capex

The spending pressure on Finance Minister Arun Jaitley threatens to worsen imbalances in India's $2 trillion economy.

Feb 22, 2016

Govt may raise FDI limit in state-owned banks to 49%: Report

The announcement to increase the FDI limit in public sector banks could be made in Budget, PTI reported.

Feb 16, 2016

Prev 18 19 20 21 22 23 24 25 26 27 Next