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Total 1434 results found. Search for [ Foreign banks ]

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Anand Adhikari
September 17, 2018
The merger of Dena Bank and Vijaya Bank with Bank of Baroda will create new challenges for the amalgamated bank.


BusinessToday.In
September 17, 2018
Despite steps such as withdrawing withholding tax on Masala bonds, allow some breathing space to foreign portfolio investors, and check non-essential imports and promote exports in order to arrest the decline in rupee, the local currency fell over 50 paise below the 72 level per dollar mark in trade today.


BusinessToday.In
New Delhi, September 11, 2018
The bank was able to recover around Rs 8,445 crore in the April-June quarter alone, which is over 23 per cent of all recoveries made during the period. PNB recovered around Rs 5,618 crore in FY18 and Rs 5,643 crore the previous year.


BusinessToday.In
New Delhi, September 7, 2018
Uber in talks with Indian regulators to understand modalities of aerial taxisRide-hailing app Uber, which is considering India among five global locations for its futuristic aerial taxi service, said it is in talks with regulators in the country to gauge the modalities and constraints of offering such a service. Last week, the Softbank-backed Uber had said it is considering India along with countries like Japan and France to be a part of Uber Elevate -- its aerial taxi service tha...


BusinessToday.In
September 6, 2018
While the sharp decline in rupee's value has unnerved importers, it has also brought cheer to many Indians who stand to gain from its slide.


Anand Adhikari
New Delhi, September 3, 2018
Zarin Daruwala is well on the path of de-risking the business model of one of the largest foreign banks in India.


BusinessToday.In
August 30, 2018
RBI has put the spotlight back on the shortfalls of the Marginal Cost of Funds Based Lending Rate (MCLR) system.


PTI
August 26, 2018
According to the data, 159 branches of PSBs are operating in foreign countries, of which 41 branches were in losses in 2016-17. The country's largest lender State Bank of India (SBI) led the pack with nine of its overseas branches in the red.


BusinessToday.in
New Delhi, August 24, 2018
State-of-the-art Train 18 to replace Shatabdi Express soon; PV Sindhu on Forbes' list of top 10 highest-paid female athletes; Air India seeks Rs 500 crore urgently to repay banks; opposition criticises Centre's decision to decline foreign aid for Kerala flood  relief. Watch more in this episode of Business Wrap.


Anand Adhikari
New Delhi, August 16, 2018
BJP was seen as a party which opposed liberalisation or reforms. However, in his tenure as the prime minister, Atal Bihari Vajpayee emerged as more of a reformist.


BusinessToday.In
New Delhi, August 16, 2018
Payout by RBI has shot up 63% year-on-year, but the finance ministry is not happy. The government believes that the payout ought to be higher so it has reportedly asked the apex bank to review its dividend and capital conservation rules.


BusinessToday.In
August 13, 2018
On Friday too, the rupee had lost 15 paise to end at 68.83 against the resurgent dollar. A weak trend in Asia coupled with sell-offs on Wall Street last week and a slump in the Turkish lira dampened the sentiment globally, brokers said.


BusinessToday.In
New Delhi, August 10, 2018
The dividend payout in 2016-17 was Rs 30,659 crore for the fiscal ended June 2017. The dividend was low last year on account of additional expenses incurred on printing of new currency notes following demonetisation in November 2016.


BusinessToday.In
New Delhi, August 8, 2018
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...


PTI
New Delhi, August 7, 2018
On the HSBC list, the minister said that undisclosed income of Rs 8,448 crore was detected with a tax demand of Rs 5,447 crore.


BusinessToday.In
New Delhi, August 7, 2018
According to the committee, the RBI should have engaged more in consultations with stakeholders on the matter before resorting to discontinuation of LoU/LoCs [letters of comfort].


Anand Adhikari
New Delhi, August 6, 2018
The government has given signal to banks to try out yet another resolution approach, including AMC-AIF, for dealing with growing stressed assets. Will it work?


Anand Adhikari
New Delhi, August 3, 2018
Though the situation is not as bad as it was in September 2013, when the currency slipped big time, the RBI has enough ammunition at its disposal to counter slipping from its hand.


Mudit Kapoor
New Delhi, August 1, 2018
Before he became Prime Minister, Narendra Modi vowed to bring all illicit money stashed away in foreign countries, and promised that poor people in the country would get Rs 15 lakh each.


BusinessToday.in
New Delhi, July 24, 2018
The Centre has told the SC that the proceedings of cases being heard by the Constitution bench and the CJI can be live-streamed as pilots; India's largest banks and financial institutions have entered into an inter-creditor agreement to fast-track resolution of stressed loans; the Centre's inability to explain the difference between the UPA pricing of the Rafale deal and the NDA pricing of the Rafale deal is most surprising. BusinessToday.In Editor Rajeev Dubey explains this and more on The Good, The Bad and The Ugly.


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