Till now 12 banks are under the purview of PCA framework. 11 are public sector banks (PSB) and one is a private bank. Seven out of 12 banks have shown improvement after coming under the RBI's PCA list.

The top ten 10 companies together spent Rs 3,306 crore as part of their CSR fund, while their prescribed CSR spend was Rs 3,160 crore.

PNB posts Rs 940 crore Q1 loss amid decline in NPAsScam-hit Punjab National Bank (PNB) reported a loss of Rs 940 crore for the June quarter of financial year 2018-19. The public sector lender had posted a net profit of Rs 343.40 crore in the same quarter of last fiscal. This is the second consecutive quarterly loss for the second biggest state-run lender. The scam-hit bank had recorded biggest ever quarterly loss of Rs 13,417 crore for the January-March period on the back of Nir...

The Department of Financial Services (DFS) had asked the state-owned banks to examine their collective 216 overseas operations to enhance cost-efficiencies.

In the RBI's Financial Stability Report, the apex bank said that the Gross NPA (GNPA) ratio of scheduled commercial banks (SCBs) is likely to rise in the current fiscal.

The market closed flat in trade today after traders turned cautious tracking negative global cues ahead of the US Federal Reserve policy announcement scheduled later in the day. While the Sensex closed 16 points or 0.05 % higher at 35,176, Nifty fell 0.20% or 21.30 points to 10,718. Earlier the Sensex rose over 200 points in opening trade but pared most gains later in the day. Kotak Mahindra Bank, ITC and Asian Paints were the top Sensex gainers. Kotak Mahindra Bank was the top Ni...

Earlier, the Sensex rose over 200 points in opening trade but pared most gains later in the day.  Kotak Mahindra Bank (3.87%), ITC (2.03%) and Asian Paints (1.80%) were the top Sensex gainers.

Axis Bank (3.87%), Reliance Industries (3.18%) and ICICI Bank (1.25%) were the top Sensex losers. RIL (Rs 53.26 cr), YES Bank (Rs 51.72 cr) and Axis Bank (Rs 43.26 cr) were the top three stocks on the BSE in terms of volume toppers.

How a little-known bank lending to local traders in Maharashtra turned into one of India's top 10.

Digital transactions rose 6.05% to 1.06 billion in December from 997.1 million in November

Corporate czars are looking to acquire stressed assets of India's dozen big defaulters. A look at what that means for industry and banks.

Heavy debt fails to deter JSW Group from plans to take over sick assets, large expansions and foray into electric car and paint businesses.

A closer look at whats in store for the 12 largest corporate defaulters.

N. Chandrasekaran is doing his best to restore normalcy at the Tata Group after the acrimonious exit of Cyrus Mistry. But his problems are many.

Tata Power is planning a massive restructuring and asset sale to trim its huge debt. The success is far from certain.

Meet the insurers who passed with flying colours the twin tests of customer service and business growth

The Avenue Supermarts' stock closed on Tuesday with a market value of Rs 39,988 crore, making it the 65th most valuable Indian firm ahead of Britannia Industries, Marico and Bank of Baroda.