While the value of the bids by NBCC and Suraksha grouo could not be ascertained, two other shortlisted players - Kotak Investment and Cube Highways - did not submit bids.

Phishing is one of the most cyber frauds in India so leading banks like State Bank of India, ICICI Bank and HDFC Bank now prominently display advisories on their websites to alert customers.

The Bank Led Resolution Plan (BLRP) by lenders estimated a funding gap of Rs 8,500 crore (including proposed repayment of aircraft debt of Rs 1,700 crore) to be met by appropriate mix of equity infusion, debt restructuring, sale and lease back of aircraft, among other things.

Finance Minister Piyush Goyal says the GST Council is working out a mechanism for bringing the real estate sector under GST purview.

In morning session on Sensex, the laggards that dragged the key indices down were Bharti Airtel, Coal India, NTPC, Kotak Bank, HUL, Bajaj Finance, RIL, PowerGrid, HDFC Bank, Infosys, HCL Tech, Asian Paint, ONGC, TCS, SBI, M&M, HDFC, Tata Steel and IndusInd Bank, falling up to 2.48 per cent

Mallya asks why the PM is not instructing banks to recover the money they lent to the now defunct Kingfisher Airlines as he has already put his assets worth over Rs 14,000 crore before the Karnataka High Court.

A penalty of Rs 2 crore has been imposed on Corporation Bank and Rs 1 crore each State Bank of India (SBI), Bank of Baroda and Union Bank of India.

Anil Ambani told the top court that with the failure of its assets sale deal with elder brother Mukesh Ambani-led Reliance Jio his company has entered insolvency proceedings and is not in control of the funds.

They used to be called sneaky or hidden fees. But while all banks clearly list fees for sundry services like SMS alerts, ATM transactions and reward points redemption in their respective charges schedules, they are easy to miss.

According to Arvind Gupta, the ICICI Bank-Videocon Group quid pro quo loans whistleblower, SBI's \"financial adventurism will expose public funds to a serious NPA risk\" and, hence, calls for \"serious reconsideration\"

CGFMU has been formed with the purpose of guaranteeing payment against default in microloans up to Rs 10 lakh extended to eligible borrowers by the MLIs.

Anil Ambani's Reliance Group loses Rs 13,000 crore in 4 days; blames L&T Finance, Edelweiss Group for stock fall Anil Ambani-led Reliance Group companies on Friday said that illegal, motivated and unwarranted actions by L&T Finance and Edelweiss group is responsible for nearly 55 per cent drop in market capitalisation in just 4 trading days. On February 1, Reliance Communications had filed for bankruptcy to resolve its debt position. As of March 2017, the company owed banks USD 7...

E-bidding for SBI accounts will take place on February 27 and for OBC on February 25.

Kumaraswamy govt has allocated Rs 250 crore subsidy for Krushi Bhagya Scheme for construction of farm ponds to provide conserved water to dry land farmers.

SBI Chairman Rajnish Kumar said the bank has the highest market share of the home loans market and it is appropriate to empower the large lower and middle class segment by transmitting the rate cut announced by the RBI.

Allahabad Bank said the RBI has imposed a penalty of Rs 1.5 crore for not monitoring end use of funds, among other violations.

Bad loans fell to Rs 8.75 lakh crore as on June 2018 and further to Rs 8.64 lakh crore in December 2018.

The CG employees, who are currently getting a minimum pay of Rs 18,000, have been demanding an increase of Rs 8,000 or an increase in the fitment factor by 3.68 times from the existing 2.57 times.