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PTI
New Delhi, November 20, 2019
The Reserve Bank is closely monitoring the situation at the bank and a forensic audit is underway, governor Shaktikanta Das had said earlier amid persisting uncertainty over depositors' funds


BusinessToday.In
November 19, 2019
This development comes a day after RBI Governor Shaktikanta Das chaired a high-level meeting with Enforcement Directorate, Mumbai Police, Economic Offences Wing and the administrator of PMC Bank


PTI
New Delhi, November 19, 2019
The divergence in net NPAs of the bank --the difference in bad loans reported by the bank and the assessment done by the RBI -- stood at Rs 2,299 crore for 2018-19, YES Bank said in a filing to BSE


BusinessToday.In
New Delhi, November 19, 2019
Rana Kapoor and promoter entities YES Capital and Morgan Credits sold 2.04 crore shares in the open market during November 13-14 and now hold a token of 900 shares in Yes Bank


PTI
November 19, 2019
Over the weekend, FM Nirmala Sitharaman had said government would bring in a legislation during the ongoing Winter session to increase the deposit insurance cover from Rs 1, but did not specify a number


PTI
MUMBAI, November 19, 2019
In an affidavit filed in the HC in response to petitions challenging the fund withdrawal restrictions, the RBI has mentioned the withdrawal ceiling at Rs 50,000 for scenarios like marriage, education, livelihood and \"other hardships\"


BusinessToday.In
November 19, 2019
The key highlights of the Realme X2 Pro are its Snapdragon 855+ SoC, 90Hz Fluid Display, quad-camera setup with a 64-megapixel main sensor at the rear, and 50W Super VOOC fast charge technology


BusinessToday.In
New Delhi, November 19, 2019
IDBI Bank sold its stake in IDBI Asset Management (IAML) and IDBI MF Trustee Company (IMTL) to Muthoot Finance


PTI
MUMBAI, November 19, 2019
The RBI has already created a unified department of supervision and a unified department of regulation from November 1 this year


PTI
MUMBAI, November 19, 2019
Until now a total of four players in payment banking space have shut shops


BusinessToday.In
New Delhi, November 19, 2019
Catch the top stories from the world of business and economy with BusinessToday.In's end of day (EOD) report


BusinessToday.In
New Delhi, November 18, 2019
The bank argued that such issuing electoral bonds would encourage money laundering and would undermine the faith in Indian currency


Anand Adhikari
New Delhi, November 18, 2019
The IADI recommends a minimum deposit insurance coverage of 80 per cent of the total deposit accounts and 20-30 per cent in value terms in a member country


BusinessToday.In
November 18, 2019
The last revision in the current limit of deposit insurance was effected on May 1, 1993, after the Bank of Karad collapsed in the securities scam of 1992


Saibal Paul
November 17, 2019
In the end, we need to understand that the absolute elimination of cash is near to impossible in a big country like India however a substantial digital economy is possible


BusinessToday.In
November 16, 2019
While the level of NPAs has declined recently, the provision coverage ratio has risen to 60.5% from 48.3% a year ago, Das said


BusinessToday.In
New Delhi, November 15, 2019
GMR Infrastructure Q2 results: Segment wise, revenue from the airports segment stood at Rs 1,494.7 crore versus Rs 1,315.5 crore in Q2FY19, while the energy vertical revenue was at Rs 167.4 crore against Rs 178.2 crore in the year-ago period


BusinessToday.In
New Delhi, November 15, 2019
Boosted by the development, SBI share price gained as much as 5.27 per cent to touch an intraday high of Rs 322 apiece against previous close level of Rs 306.10


PTI
November 14, 2019



Dipak Mondal
November 14, 2019
The letter dated November 11 asks insolvency professionals to give reasons for non-completion, and name the person(s) responsible for non-completion, if any, 'to enable the board to seek appropriate legal remedy permissible under the IBC for any contravention causing such non-completion'


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