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PTI
January 4, 2019



BusinessToday.In
January 3, 2019
Indian companies announced projects worth Rs 1 lakh crore, which is 53 per cent lower than what was seen in the September quarter this fiscal and 55 per cent lower than the levels in December quarter last fiscal.


PTI
January 3, 2019



BusinessToday.In
January 3, 2019
The panel tasked the upcoming committee to probe the RBI's regulatory powers to ascertain whether the government or the central bank is capable of preventing bad loans in state-owned banks.


Anand Adhikari
New Delhi, January 2, 2019
Without such a relief, these MSMEs would have landed at the bankruptcy court.


Anilesh S Mahajan | Rajeev Dubey
January 2, 2019
DBT scheme draft requires states to share burden 70:30, but states are in no mood to bear the burden.


PTI
January 1, 2019



PTI
January 1, 2019



PTI
January 1, 2019



Kumar Dipankar (PTI)
New Delhi, January 1, 2019
Urjit Patel became first since post economic liberalisation in 1991 to resign as the RBI governor. In independent India, the first governor to resign was Benegal Rama Rau in 1955 during the tenure of the Jawaharlal Nehru government.


PTI
January 1, 2019
Chaudhry, the former MD and CEO of HDFC Standard Life Insurance Company, was in September named the MD and CEO of Axis Bank for a period of three years


PTI
December 31, 2018
The RBI has placed 11 state-run banks, including Bank of India, Allahabad Bank, United Bank of India, Corporation Bank, IDBI Bank and UCO Bank, under the PCA framework.


PTI
December 31, 2018



PTI
December 31, 2018



BusinessToday.In
New Delhi, December 31, 2018
PM Modi lays foundation of 50 MW LNG-based power project in Andaman; the RBI said banks recovered Rs 40,400 crore from defaulters in FY18; iPhone battery replacement: Last day to get new Apple battery for Rs 2,000; Air Works releasing planes without recording, rectifying defects, says DGCA audit. Watch more in this episode of Business Wrap.


PTI
December 31, 2018



BusinessToday.In
December 31, 2018
PM Modi lays foundation of 50 MW LNG-based power project in AndamanPrime Minister Narendra Modi on Sunday laid the foundation stone of 50 MW LNG-based power project at Hope Town in South Andaman, the Power Ministry said.The PM also inaugurated two projects on clean cooking and electric mobility in the Andaman and Nicobar Islands, the ministry said in a statement.Banks recover Rs 40,400 crore from defaulters in FY18: RBIBanks have seen a significant improvement in recovery of stres...


BusinessToday.In
December 30, 2018
The Reserve Bank of India has asked banks to ensure that their customers migrate to debit and credit cards with EMV chips by the end of this year.


PTI
December 30, 2018
Various initiatives by the government have yielded results, with the bad loans of public sector banks declining by over Rs 23,000 crore from a peak of Rs 9.62 lakh crore in March 2018, Financial Services Secretary Rajiv Kumar said.


PTI
December 30, 2018
The various channels through which lenders recovered their bad loans include the Insolvency and Bankruptcy Code (IBC), SARFAESI Act, debt recovery tribunals (DRTs) and Lok Adalats.


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