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BusinessToday.In
New Delhi, March 29, 2018
The government's decision to sell 76 pc equity in Air India is an excellent move but there are still a lot of unanswered questions; profits in PSBs will be squeezed further in the coming quarters as regulator RBI has issued new loan structuring guidelines and why Facebook is silent on changing its privacy policy and the kind of data it gathers about its users. BusinessToday.In Editor Rajeev Dubey elaborates on The Good, The Bad and The Ugly.


BusinessToday.In
March 29, 2018
The Banks Board Bureau or BBB was constituted in 2016 to improve the governance of Public Sector Banks. The BBB makes recommendations for selection of heads of public sector banks and financial institutions and help banks in developing strategies and capital raising plans.


BusinessToday.In
New Delhi, March 29, 2018
Govt mandates banks to obtain certified copies of passports, to crack down on wilful defaulters


PTI
March 28, 2018



Aseem Thapliyal
March 27, 2018
Since the Modi government decided to cut borrowings for H1 of FY 19, Indian bonds value saw the sharpest rise in over four years on Tuesday. The rise in value of govt bonds signals an increase in credibility of the government's fiscal situation since it hopes to meet its expenditure by taking lesser loans.


BusinessToday.In
March 27, 2018
The war of words between the RBI Governor Urjit Patel and the Finance Ministry over the recent bank frauds in the country seems unlikely to die down. After Finance Minister Arun Jaitley, the Chief Economic Advisor Arvind Subramanian is the latest person to jump into the fray.  


PTI
March 26, 2018



PTI
March 25, 2018
Arvind Panagariya, who is currently a professor of economics at Columbia University, further said that predominance of scandals and NPAs in PSBs is only one albeit important reason for privatisation of PSBs.


Ashok Upadhyay & Santosh Chaubey
March 25, 2018
At a time when the banks are staring at Rs 9.5 lakh-crore worth of gross non-performing assets (NPAs), an RTI query into how much money the corporate entities owe to the public sector banks in the country has elicited a muffled response from majority of PSU lenders.


Mail Today Bureau
March 23, 2018
Totem Infrastructure Ltd and its promoters Tottempudi Salalith and Tottempudi Kavita have been named in an FIR registered by the CBI on the basis of a complaint from the Union Bank of India, one of the eight banks.


PTI
March 21, 2018



BusinessToday.In
March 21, 2018
Uday Kotak sees the loan share of private banks jumping up in the near future to match that of the PSBs.


PTI
March 20, 2018



BusinessToday.In
New Delhi, March 20, 2018
Last week, it was RBI Governor Urjit Patel, who blamed the \"system of dual regulation by the Finance Ministry in addition to RBI\" for creating an environment susceptible for frauds like the still-unravelling PNB scam.


Anand Adhikari
March 19, 2018
The RBI lacks teeth to act against PSBs and doesn't bother to flag irregularities. the result is a blame game.


BusinessToday.In
New Delhi, March 16, 2018
The meeting came about as a result of the finance ministry's directives to PSBs to come up with a pre-emptive action plan to identify gaps in tackling operation and technological risks.


BusinessToday.In
March 16, 2018
While the country's biggest banking fraud with the Punjab National Bank at its epicentre is still unravelling, two major questions are yet to be fully addressed: How was it allowed to play out for so long, and who is to blame?


BusinessToday.in
New Delhi, March 15, 2018
The Centre is considering barring wilful defaulters from leaving the country. There are about 400 of those who are wilful defaulters as per banking norms; The masses in India have taken to mutual funds as a means of investment for their future financial security and the Punjab National Bank has said it has detected yet another Rs 942 crore worth of loan to Mehul Choksi companies. BusinessToday.in Editor Rajeev Dubey explains on The Good, The Bad and The Ugly.


PTI
March 15, 2018



BusinessToday.in
March 15, 2018
The PNB is at the centre of India's biggest banking scam where two of its officials allegedly issued as many as 1,213 LoUs fraudulently for the group of companies belonging to billionaire jewellers Nirav Modi and Mehul Choksi.


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