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BusinessToday.In
New Delhi, June 22, 2018
The Modi government will present a vote-on-account instead of a full Budget in February ahead of 2019 General Elections and does not need to present an Economic Survey. Considering this, a chief economic advisor might not be appointed till April 2019.


BusinessToday.In
June 22, 2018
The report said the insurer had cleared the initiative to take a controlling stake in the bank.  Currently, the government holds 81% stake in IDBI Bank and LIC holds 10.8 % as on March 31, 2018 , according to stock exchange data.


BusinessToday.In
June 22, 2018
Back in February, when the Reserve Bank of India introduced its revised framework for resolution of stressed assets, the banking sector and beleaguered companies alike were left shaking.


BusinessToday.In
New Delhi, June 21, 2018
In the course of investigation, Panamanian law firm, Mossack Fonseca, the epicentre of the 2016 Panama Papers confirmed the existence of several customers who had denied any links as well as unmasked new clients in a bargain.


BusinessToday.In
New Delhi, June 21, 2018
Through the circular, RBI shed light on the inefficiencies of the Society for Worldwide Inter-bank Financial Telecommunication (SWIFT) mechanism, which is a global communication medium for banks.


PTI
New Delhi, June 20, 2018
He has been appointed in place of incumbent Mahesh Kumar Jain who was recently named Deputy Governor of the Reserve Bank of India.


BusinessToday.In
New Delhi, June 20, 2018
Data released by the Reserve Bank of India shows an increase in cash withdrawals from automated teller machines (ATMs) by 22 per cent in April from a year ago to Rs 2.6 lakh crore.


BusinessToday.In
June 19, 2018
The Union Minister's statement came a day after Prime Minister Modi while speaking at the Niti Aayog's fourth Governing Council meet said that the economy has grown at a healthy rate of 7.7 per cent but the challenge now is to take this growth rate to double digits.


BusinessToday.In
June 18, 2018
NCLT's only success stories so far have seen banks taking a significant hair-cut and settling for recovery of Rs 50,000 crore.


BusinessToday.In
New Delhi, June 18, 2018
The company has made special provisions with the Indian Government and various banks to make the transactions as seamless as possible.


BusinessToday.In
June 18, 2018
Patanjali had the chance to match the offer by June 16 under the Swiss Challenge method. But reports suggest that Patanjali has not revised its offer of Rs 5,700 crore, therefore paving way for Adani Wilmar to takeover Ruchi Soya.


BusinessToday.In
June 18, 2018
The much-awaited report by the Justice BN Srikrishna-led committee for a data protection framework for India is expected by the end of the month.


Nevin John
New Delhi, June 16, 2018
Under the Insolvency and Bankruptcy Code, the sale process has almost been completed in three cases -- Bhushan Steel, Electrosteel Steels and Monnet Ispat and Energy. There is less clarity in the other cases when the 270 day timeframe for resolution ends around now.


Anand Adhikari
New Delhi, June 15, 2018
Days after the Reserve Bank of India ( RBI) hiked the repo rate for the first time in four years by 25 basis points to contain inflation, bad news is pouring in from all sides.  Here are the four key developments.


BusinessToday.In
New Delhi, June 15, 2018
Of the total NPA write-offs in 2017-18, India's biggest public sector bank SBI alone wrote-off around 25 per cent of the total bad loans at Rs 40,196 crore.


BusinessToday.In
New Delhi, June 14, 2018
Inflation in vegetables climbed to 2.51 per cent in May, while for 'fuel and power' basket, inflation rose sharply by 11.22 per cent in May from 7.85 per cent in April.


BusinessToday.In
New Delhi, June 13, 2018
The Reserve Bank of India committee was one of the two panels constituted by the Ministry of Finance to look into cryptocurrencies.


www.businesstoday.in
June 13, 2018



www.businesstoday.in
June 13, 2018



www.businesstoday.in
June 13, 2018



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