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BusinessToday.In
New Delhi, December 30, 2019
List of Banks' holidays in January 2020: All the banks will remain shut on January 1 on account of New Year's Day as well as on all the Sundays and second and fourth Saturdays of the month


BusinessToday.In
New Delhi, December 30, 2019
India, Germany and Japan would continue to battle for the position of third-largest economy over the next 15 years, the CEBR report stated


BusinessToday.In
New Delhi, December 30, 2019
SBI also said that new home buyers would now be able to get loans at an interest rate of 7.90 per cent per annum as compared to the earlier 8.15 per cent


BusinessToday.In
December 30, 2019
Share Market Update: BSE Sensex ended 17 points lower at 41,558 and Nifty closed 14 points higher at 12,260.


PTI
December 29, 2019
India is also set to reach a gross domestic product (GDP) of $5 trillion by 2026, 2 years later than the government's target, the report, titled 'World Economic League Table 2020', said


PTI
December 29, 2019
India Inc's foreign borrowings grew over two-fold to $3.41 billion in October over the corresponding month a year ago, as per the latest RBI data


PTI
December 29, 2019
The break-up of the claim with DICGC shows Rs 3,414 crore in the case of state cooperative banks and district central cooperative banks, and Rs 10,684 crore in the case of urban cooperative banks, including PMC Bank


PTI
December 29, 2019
The central bank has also pointed out that there are clear indications of investors in debt instruments using additional credit-screening mechanisms, along with ratings given by raters


PTI
New Delhi, December 29, 2019
Replying to an RTI query, the RBI says preliminary findings of the RBI indicated large-scale irregularities in the bank, warranting supersession of its board of directors and imposition of all inclusive directions of the Banking Regulation Act, 1949


PTI
New Delhi, December 29, 2019
Third-largest pure play mortgage player is the first non-banking financial company or housing finance company to face the corporate insolvency resolution process


BusinessToday.In
December 28, 2019
Sitharaman said in the past there had been worries and concerns among bankers about investigating agencies, which impacted bonafide decisions


BusinessToday.In
New Delhi, December 28, 2019
The newly formed Standing Committee on Economic Statistics comprises three academicians, who were among 108 academicians who signed a joint statement in March flagging concerns over increasing \"political interference\" in the handling of economic data


Reuters
New Delhi, December 28, 2019
State-owned public sector banks need to build stronger buffers to absorb any disproportionate operational losses, while private lenders need to focus on corporate governance, the RBI says


Anand Adhikari
Mumbai, December 28, 2019
This is primarily due to change in macroeconomic scenario, marginal increase in slippages and the denominator effect of declining credit growth, RBI said in its Financial Stability Report


BusinessToday.In
New Delhi, December 27, 2019
UCBs should take utmost care about data accuracy and integrity while submitting the information /data on large credit to RBI, failing which penal action as per the provisions of the Banking Regulation Act, 1949 may be taken


Manu Kaushik
December 27, 2019
India would see over 50,000 branded hotel rooms being added between 2018/19 and 2023/24, and out of which, about 34,000 would be mid-market and budget categories, said a recent report by CARE Ratings


BusinessToday.In
New Delhi, December 27, 2019
The chargesheet has named PMC Bank's erstwhile chairman Waryam Singh, former managing director Joy Thomas, former director of the bank Surjit Singh Arora, along with HDIL promoters Rakesh Wadhawan and Sarang Wadhawan


BusinessToday.In
New Delhi, December 27, 2019
The proposed RBI rule will have severe impact on banks, such as State Bank of India, ICICI Bank and Kotak Mahindra Bank, as they derive a huge chunk of income from their insurance units


BusinessToday.In
New Delhi, December 27, 2019
Incremental bank credit has increased by just Rs 80,000 crore during FY2020 till December 6, in contrast to the rise of Rs 5.4 lakh crore and Rs 1.7 lakh crore in FY2019 and FY2018 (till December), respectively


BusinessToday.In
New Delhi, December 27, 2019
J-K Bank appointed lead bank convenor for UT of J-K; SBI gets LadakhThe Reserve Bank on Thursday appointed Jammu & Kashmir Bank as the lead banker for the newly carved out union territory of Jammu and Kashmir. State Bank of India (SBI) will be the lead convenor bank for union territory of Ladakh. The government had reorganised the erstwhile Jammu and Kashmir state under the Jammu and Kashmir Reorganisation Act, 2019, into union territories of Jammu and Kashmir and Ladakh with ...


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