Anurag Thakur, Minister of State in the Finance Ministry, will supervise the initiative that will be conducted in two tranches, covering 200 districts in each leg. The loan fairs will begin from September 24

Denting safe-haven appeal for gold, Saudi Arabia sought to reassure markets after the attack on Saturday halved its crude oil output, saying full production would be restored by the month's end.

Nirmala Sitharaman, Prakash Javadekar to address media at 3pm: Earlier this week, RBI Governor Shaktikanta Das had said the government has taken a number of measures to boost the economy in three phases and indicated that more steps are likely.

UP misses PM-Kisan Scheme targets; not a single farmer has received 3rd instalment yetThe government has not paid the third instalment of Rs 2,000 to even a single farmer in Uttar Pradesh (UP) under the Pradhan Mantri Kisan Samman Nidhi Scheme (PM-KISAN Scheme). Moreover, more than 30 per cent of the total beneficiaries have also not yet received the second instalment in spite of Yogi Adityanath-led government's claims of being the best state in terms of money transfers to the far...

The government announced a slew of measures in three dosages which include a special window for real estate, export incentives, bank consolidation and sops for micro, small and medium enterprises (MSMEs) and the automobile sector

Real estate sales are yet to pick up. The market is throwing up some great deals that you can go for

A Rs 20,000 crore fund, with government putting in half of the amount, will be set up to provide last-mile funding for housing projects that are not in bankruptcy court or already tagged as bad debt, Nirmala Sitharaman said at a press conference

\"The amalgamation process will take some time and the new entity will start functioning from April 1, 2020,\" MD and CEO of UBI, Ashok Kumar Pradhan, said

The merged entity will be the fourth largest public sector lender in India with business of Rs 15.2 lakh crore and will also create the third largest branch network in India with 10,342 branches

Public sector banks across the nation will go on strike from midnight of September 25 to midnight of September 27 to protest merger and amalgamation in the banking sector by the Union government

In a notice serviced to the Indian Banks' Association, the officers' unions said that they propose to go on strike to protest against mergers and amalgamations in the banking sector

Over the last decade, the Rs 152 lakh crore banking industry witnessed four big mergers - two each in the public and private banking space.

Moody's has also maintained a stable outlook on Canara Bank, Oriental Bank of Commerce (OBC), Syndicate Bank and Union Bank. While the local and foreign currency deposit ratings of these public sector banks were maintained at Ba1/NP, the BCAs and Adjusted BCA were affirmed at ba3

Canara Bank share has been on selling spree and hit a fresh 52-week low of Rs 190.65 on the BSE on Wednesday. Since Friday, Canara Bank share price has declined as much as 13.55%

The equity market crashed on Tuesday with Sensex and Nifty declining over 2% each on heavy selling in PSU banks and auto indices.

Tracking the fall in sales, the BSE auto index tanked 255 points to 15,513 compared to the previous close of 15,768 on Friday.  The Nifty auto index too fell 121 points to 6914 level in early trade.