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PTI
August 22, 2016
\"The Finance Minister will review the first quarter performance of public sector banks and financial institutions on September 16,\" sources said.


By Anand Adhikari
Delhi, August 26, 2016
A recent report by ratings agency ICRA Ltd says banks' share in consumer credit shrunk from 66 per cent to 55 per cent in the past six years. NBFCs increased their share from 14 per cent to 19 per cent during the same period.


Aprajita Sharma
New Delhi, August 22, 2016
With the announcement of Urjit Patel being selected as successor to the outgoing RBI governor Raghuram Rajan, the banking sector could play a key role in influencing the market direction.


PTI
New Delhi, August 11, 2016
Total income declined to Rs 11,877.91 crore in the quarter ended June 30, from Rs 12,243.720 crore a year ago. The massive decline in profit on year-on-year basis was due to higher provisions for bad loans and contingencies.


by Sarabjeet Kaur
Delhi, August 9, 2016
Education loan gives you the opportunity to pursue your dream education, but do a thorough due diligence on course, college and return on investment before going for it.


Reuters
August 5, 2016
Instead, the much-praised former International Monetary Fund Chief Economist can stake out what needs to be done for India to win its long war against volatile inflation, which means sticking with the program and targets he set in place.


PTI
August 2, 2016
\"RBI had informed that gross outstanding credit for top ten corporate groups is Rs 5,73,682 crore as on March 2016,\" Minister of State for Finance Santosh Kumar Gangwar said in a written reply to the Rajya Sabha.


PTI
August 1, 2016
Against the backdrop of Vijay Mallya episode, the Lok Sabha on Monday passed a bill that provides for expeditious recovery of bad loans by the banks, with the government saying the country cannot have a banking system where people take loans and do not repay.


BT Online
New Delhi, July 25, 2016
The Q1 earnings were roiled by a more than doubling of its bad loan provisions, higher operating expenses (opex) towards branch expansion and the resultant salary outgo.


BT Online
New Delhi, July 22, 2016
The headline indices edged higher as gains in market heavyweight ITC on the back of strong quarterly earnings helped offset lacklustre performance by banking and IT sectors.


PTI
New Delhi, June 30, 2016
RBI Governor Raghuram Rajan, whose three-year term comes to an end in nine weeks, on Thursday pitched for a longer tenure for the central bank head, saying the global practice has to be emulated in India as well.


BT Online
New Delhi, June 30, 2016
The headline indices erased their 2.2 per cent losses suffered on Friday after Britons unexpectedly voted to exit the European Union, as investors focused on improving prospects of the domestic economy.


Reuters
New Delhi, June 27, 2016
Moody's analyst Gene Fang said that pushing for growth before completing the clean-up of bad debts would strain banks' capital ratios.


Mahesh Nayak
June 25, 2016
The trend of largescale pledging of shares by fund-starved promoters seems to be slowing. Is the much-awaited deleveraging finally happening?


Prosenjit Datta & Anand Adhikari
June 29, 2016
Rajan had already made his presence felt at RBI and on the financial reforms front within those two years. He had made the monetary policy sharply focused on consumer price inflation (CPI). His successor will need to decide which ones to follow through.


Sarabjeet Kaur
New Delhi, June 23, 2016
Using multiple credit cards is not a bad idea. But you should know how to manage them


Mahavir Chopra
June 22, 2016
Things to know about how to purchase and claim personal accident insurance.


Sarabjeet Kaur
June 17, 2016
It is that time of the year, when we get annual bonus; puzzled on how to utilise the bonus money?  Find out with the following tips on how to use your bonus money.


IANS
Chennai, June 17, 2016
\"The central government is trying to divert the nation's attention from the Himalayan scale of bad loans given by the nationalised banks\"


Reuters
June 17, 2016
Rolta, whose biggest customer is the Indian government, failed to make a coupon payment on its $126 million bonds due 2018 that was scheduled to be made last month and whose grace period expired this week. It had earlier failed to make payments on a $35 million loan.


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