Search Results for: banking

Hinduja Group eyes equity stake in two UAE banks; plans to move HQ out of London

Gopichand P. Hinduja said that the company is mulling the idea of shifting its London-based headquarters either to UAE or Singapore.

Sep 8, 2018

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Parliamentary panel requests RBI to ease capital adequacy norms for PSBs

The committee has urged the central bank to relax these norms for nine out of 21 PSBs which could free up capital up to Rs. 5.34 trillion to boost the lending practice of the banks.

Sep 7, 2018

Vivo, V11 Pro, India, launch, first impression, price, offers

Vivo V11 Pro first impression: Feature-rich camera phone with visually appealing design

Vivo V11 Pro's three key features—visually appealing water drop design, futuristic in-screen fingerprint sensor and an exceptionally good camera -- are very hard to beat in the sub-Rs 30,000 price bracket.

Sep 6, 2018

Tech jobs dominate list of top 10 emerging professions in India, reveals LinkedIn

Tech jobs are in demand across sectors from pharma to banking and retail, and companies in these various industries see a high demand for talent in these roles, said the Microsoft-owned LinkedIn.

Sep 6, 2018

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Supreme Court bans construction in 3 states; move may take toll on development

The order was imposed because the states did not put rules on solid waste management in place.

Sep 4, 2018

ICICI Bank board asks investigators to probe all deals by Chanda Kochhar and family

The whistleblowers claim that Chanda Kochhar was on the bank's credit committee and was aware of the issue that sanctioned proceeds of Rs 3,250 crore loan to the Videocon Group in 2012.

Sep 3, 2018

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'Raghuram Rajan's policies led to slump, not demonetisation'

Niti Aayog vice-chairman Rajiv Kumar says Rajan's policies on stressed assets resulted in a steep rise in non-performing assets in the banking sector. This led to a drastic shrinking of credit for the small scale sector, he adds.

Sep 3, 2018

ippb bank post office india operations recruitment hiring ceo assistant manager

IPPB: PM Modi launches India's biggest bank to take banking services to hinterlands

The IPPB's strength is the fusion of its legacy workforce with modern technology.

Sep 1, 2018

Government denies rumours of banks remaining closed for first six days in September

Rumours have been doing the rounds on social media that September may begin with a five-day bank closure in many states and banking services may be affected.

Aug 31, 2018

Rahul Gandhi slams PM Modi; says notebandi, Rafale deal done to help friends

Congress president Gandhi also lashed out at Modi for trying to "finish off" small and middle-sized businesses and small shopkeepers to help big businesses with demonetisation.

Aug 31, 2018

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SBI warns of 'noticeable increase' in counterfeit notes detected in new Rs 500, Rs 2,000 notes

The report said that there was a "noticeable increase" in the fake currencies detected in the denomination of the new Rs 500 and Rs 2,000 notes which are up by 4,178 per cent and by 2,710 per cent respectively

Aug 30, 2018

99.3% demonetised notes returned to banks: RBI

RBI spent Rs 7,965 crore in 2016-17 on printing new Rs 500 and Rs 2,000 and other denomination notes.

Aug 29, 2018

Private power sector companies to face insolvency proceedings on default of Rs 1.7 lakh crore loan

The Reserve Bank of India had earlier this year tightened the norms for clearing bad debts by setting timelines for resolving the stressed asset within 180 days.

Aug 28, 2018

India's small to mid-sized renewable energy firms fighting consolidation wave

Small to mid-sized renewable energy companies in India are starting to look like attractive takeover targets as lenders and investors withhold funds, worried by the stiff competition, weak bond markets, low tariffs and high debt besetting the sector.

Aug 22, 2018

Greek central bank chief warns over backtracking, turbulence post-bailout

Athens is set to exit its latest bailout on August 20 and rely on bond markets thereafter to refinance its debt after a nearly nine-year debt crisis that shrank its economy by a quarter and forced it to implement painful austerity.

Aug 19, 2018

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