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Akshay Purkayastha
New Delhi, August 20, 2018
Five ways to revitalise infrastructure financing in India.


BusinessToday.In
New Delhi, August 17, 2018
Gross NPAs have exceeded Rs 8.5 lakh crore, up 19% year-on-year, while total provision for NPAs jumped 28% (y-o-y) to Rs 51,500 crore.


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.


PTI
August 15, 2018
Reserve Bank of India (RBI) is examining as to whether banks have followed prudential norms in respect of these stressed assets, a senior public sector bank official said.


Joe C Mathew
August 14, 2018
The observations came after the committee noted that the rules introduced by Reserve Bank of India (RBI) to help banks to counter the non performing asset (NPA) problem have hit the MSMEs very hard.


BusinessToday.In
August 12, 2018
PM Modi argued that when investment in infrastructure projects like, making roads, laying down rail lines, setting up power generation is at all-time high, how come the jobs will not be created.


BusinessToday.In
New Delhi, August 10, 2018
Even after seeing his business turn upside down and the Indian authorities desperately pushing for his extradition, Mallya's London home has all the worldly luxurious things one can imagine, one of which is a golden toilet.


BusinessToday.in
New Delhi, August 10, 2018
Govt working on turnaround plan for Air India, may allow airlines to raise external commercial borrowingAs the Civil Aviation Ministry plans Rs 11,000-crore bailout package for ailing Air India, Aviation Secretary RN Choubey on Thursday confirmed that the centre is working on a turnaround plan to make the debt-ridden airline competitive. Also, the centre is working on ways to let all airlines raise external commercial borrowing to meet the rising operational costs. The decision se...


BusinessToday.In
New Delhi, August 9, 2018
Singhal has been sent to judicial custody till August 14. The SFIO has found that former promoters of BSL used multitude of complex, fraudulent manoeuvres to siphon off funds amounting to thousands of crores raised by then management of BSL.


Joe C Mathew
August 10, 2018
CAG questions their decision to allocate CSR funds for construction of the world's tallest statue.


BusinessToday.In
August 8, 2018
The International Monetary Fund (IMF) believes the $2.6 trillion Indian economy is an elephant that is starting to run.


BusinessToday.In
New Delhi, August 8, 2018
Centre has doubled import duty on 328 textile products to 20 per cent; public sector banks penalised their customers by over Rs 5,000 crore in fiscal 2017-18; and Jamie Dimon yet again denounced Bitcoin and cryptocurrencies. BusinessToday.In Editor Rajeev Dubey explains this and more on The Good, The Bad and The Ugly.  


BusinessToday.In
August 8, 2018
The government on Tuesday appointed Swaminathan Gurumurthy and Satish Kashinath Marathe as as part-time non-official directors on the Reserve Bank of India board.


BusinessToday.In
August 8, 2018
A committee headed by financial services secretary Rajiv Kumar has recommended stopping wilful defaulters with loans exceeding Rs 50 crore from travelling overseas without prior approval.


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
August 7, 2018
Indian banks reported a total loss of about Rs 70,000 crore due to frauds during the last three fiscals up to March 2018.


BusinessToday.In
August 7, 2018
Fraud-hit Punjab National Bank (PNB) today reported a loss of Rs 940 crore for the June quarter of financial year 2018-19.


BusinessToday.In
New Delhi, August 6, 2018
As many as 21 public sector banks (PSBs) and three major private sector lenders have collected Rs 5,000 crore from customers for non-maintenance of minimum balance in their accounts in 2017-18.


Anilesh S. Mahajan
New Delhi, August 6, 2018
Imran Khan's priority will be to get the economy back on track.


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