The 70-year-old Aditya Puri, who spent over two-and-a-half decades as CEO & MD, banked on risk mitigation, technology and retail/rural outreach to create India's second-largest bank from scratch

Financial Services Secretary Debasish Panda said the work is in progress and the DFI should become a reality soon, may be by the end of the current financial year or early next year

The State Bank of India (SBI) has put up the mortgage assets of loan defaulters to recover the dues through this e-auction and has published the advertisement in the leading newspapers along with its social media handles - Facebook, Twitter, Instagram etc

India Stock Market Highlights Today: Global equities were bearish today as coronavirus infections increased in parts of North Asia, such as Japan and South Korea, and weighed on investor sentiment. European countries have banned flights from the UK as the British government began emergency lockdown on Sunday, over fear of new virus strain.

RBI Governor Shaktikanta Das has been advising banks to proactively raise capital and not wait for a difficult situation to arise due to the ongoing COVID-19 crisis

Tarun Bajaj was responding to a query on whether the government would consider setting up of a bad bank as a one-time measure for reducing the burden of Non-Performing Assets (NPAs) of the public sector banks

TCS share touched an intraday high as well as an all-time high of Rs 2,898, rising 2.12% against the last closing of Rs 2,837.90. The stock also hit an intraday low of Rs 2,855.85 after opening at Rs 2,861

India Stock Market Highlights Today: In today's session, Sensex hit an all-time high of 47,026 and Nifty logged a lifetime high of 13,772.

India Stock Market Highlights Today: In today's session, Sensex hit an all-time high of 46,992 and Nifty logged a lifetime high of 13,773

India Stock Market Highlights Today: Global equities were buoyed today as COVID-19 vaccine developments and prospects of more stimulus boosted investor sentiment

The RBI has said that in the absence of a sharp cut in the policy repo rate, the slowdown in credit growth would have been far more severe

India Stock Highlights Today: Axis Bank, Reliance Industries, ONGC, M&M, ICICI Bank, Asian Paints, SBI, HUL, L&T, Titan, Infosys and TCS were among the top losers

The net non-performing asset (NPA) ratio of the NBFCs should be less than 6 per cent in each of the last three years, including the accounting year for which it proposes to declare dividend

Sensex, Nifty updates on December 7:   During the session, Sensex gained 339 points to 45,418 and Nifty rose 96 points to 13,354.

In view of the ongoing stress and the heightened uncertainty on account of the pandemic, RBI said it is imperative that banks continue to conserve capital to support the economy and absorb losses, if any

India Stock Market Highlights Today: During the session, Sensex touched a lifetime high of 45,148 and Nifty hit an all-time high of 13,280

India Stock Market Highlights Today: Maruti Suzuki, Hindalco, Tata Steel and GAIL India were the top gainers on Nifty rising up to 3.62%. SBI Life Insurance, Infosys, Bharti Airtel and Axis Bank were the top losers falling up to 1.79% on Nifty

The plans come as bank executives grapple with next year's budgets and consequences of the COVID-19 pandemic, which include low interest rates and higher costs for loan losses even as trading revenue has surged

Dalal Street today: UltraTech Cement followed by Infosys, Sun Pharma, Bajaj Auto PowerGrid, ICICI Bank and IndusInd Bank were among the top gainers in the Sensex pack. On the other hand, ONGC, M&M, Nestle India, Axis Bank and HDFC were among the laggards

Multiple vaccine candidates must succeed for the world to stamp out the pandemic, which has been on the upswing in the US and Europe. US hospitals have been stretched to the limit as the nation has seen more than 160,000 new cases per day