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BusinessToday.In
New Delhi, June 20, 2018
On managing fiscal deficit, Garg said the government has worked in a very prudent and sound manner. India would shortly achieve the targeted 3% fiscal deficit level and it will be more permanent and sustainable in nature.


www.businesstoday.in
June 13, 2018



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June 12, 2018



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June 8, 2018



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June 7, 2018



Mail Today Bureau
June 7, 2018
The RBI on Wednesday raised its key policy rate for the first time in over four years to rein in inflation, a move which will translate into higher EMIs for home and car loans and make it costlier for business enterprises to borrow for increased investment.


BusinessToday.In
June 5, 2018
Here's a look at what different leading banks are offering on their recurring deposit schemes and a comparison with the Post Office option.


BusinessToday.In
New Delhi, June 5, 2018
Axis Bank, India's third largest private sector bank, has recently introduced a new fixed deposit scheme which offers interest at the rate of 7.40 per cent for deposits under Rs 1 crore.


PTI
June 4, 2018
Banking, financials, consumer durables and capital goods tumbled up to 1.83 per cent.


BusinessToday.In
May 31, 2018
All the 38 listed banks accounted for gross NPAs totalling over Rs 10.17 lakh crore in the quarter ended March.


BusinessToday.In
New Delhi, May 29, 2018
After its two-day meeting that began on Monday, the Fortis board has decided to initiate a fresh, time-bound process to optimise the company's and shareholders' short and long term interests.


www.businesstoday.in
New Delhi, May 29, 2018
Ruchit Jain, Technical Analyst, Angel Broking, takes us through all the market action today. The Sensex and Nifty closed lower today after three sessions of gains amid heavy selling mainly in banking and healthcare counters unabated foreign fund outflows and subdued global cues.


BusinessToday.In
May 29, 2018
Earlier, the BSE Sensex, after opening higher at 35,213, advanced to hit a high of 35,234 on buying by domestic institutional investors (DIIs) as well as retail participants. The gauge had risen 820.57 points in the previous three sessions. Banking sector stocks saw huge losses on Tuesday on profitbooking after three days of rally.


Anand Adhikari
New Delhi, May 28, 2018
The RBI's move to clean up bank balance sheets has made close to half a dozen banks nearly dysfunctional. There is little hope of their recovery in the near term.


BT Guest Columnist
New Delhi, May 28, 2018
Banks need to do a lot of work to secure their systems and customer data.


BusinessToday.In
May 28, 2018
To begin with, the 21 public sector banks (PSBs) together took a hit of whopping Rs 25,775 crore from bank frauds in the last financial year. PNB had incurred the highest loss of Rs 6461.13 crore due to different cases of fraud followed by State Bank of India's loss of Rs 2,224.86 crore.


BusinessToday.In
May 25, 2018
Strong recovery in therupee against the dollar and unabated buying by domestic institutionalinvestors added to the momentum, brokers said. The Indian rupee recovered by 56 paise to close at 67.77 level to the dollar. The 30-share BSESensex opened on a strong footing at 34,753 and maintained its upward trend tohit the day's high of 35,017. It finally ended at 34,924, up 261.76 points, or0.76 per cent.


BusinessToday.In
New Delhi, May 24, 2018
Earlier this week, reports pointed out that India's private banks have recorded a 450 per cent jump in gross NPAs in the past five years. But according to a recent CARE Ratings report, there has been a significant spurt in NPAs even on a quarterly basis where the fourth quarter results of the last fiscal are concerned. 


Rajeev Dubey
New Delhi, May 21, 2018
Fortis' largest shareholder, Yes Bank, has asked the board to consider all the bids (binding as well as non-binding) despite the board recommending the Munjal-Burman offer.


BusinessToday.In
May 21, 2018
Among the banks that have accumulated a massive rise in bad loans are ICICI Bank, Axis Bank, HDFC Bank, Kotak Mahindra Bank, Federal Bank and Yes Bank.


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