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PTI
October 18, 2018



BusinessToday.In
October 18, 2018
Former SBI chairperson Arundhati Bhattacharya has joined the board of Reliance Industries (RIL) as independent additional director.


BusinessToday.In
October 17, 2018
The RBI appears to have tweaked its norms for appointment of bank chiefs, opting to play safe given the state of the banking sector. The regulator yesterday approved the appointment of Sandeep Bakhshi as ICICI Bank's Managing Director and Chief Executive Officer for just three years against the five-year term sought by the lender.


PTI
October 16, 2018



PTI
October 16, 2018



PTI
October 16, 2018



PTI
October 15, 2018



BusinessToday.In
New Delhi, October 15, 2018
RBI is unwilling to budge, but the pressure has been building up. Apart from the US companies already lobbying for a deadline extension, the co-chairs of the US Senate India Caucus wrote to Prime Minister Narendra Modi on Friday requesting a relaxation in the norms.


PTI
October 15, 2018



Aprajita Sharma
New Delhi, October 15, 2018
Default on payments has put NBFCs under scrutiny and exposed the fault lines in the commercial papers they have issued


Prosenjit Datta
New Delhi, October 15, 2018
To borrow from Charles Dickens, these are the best of times, these are the worst of times for Indian businesses. On the one hand, the news on the economic front is not particularly cheerful.


PTI
October 12, 2018



BusinessToday.in
October 12, 2018
Mindless lending earlier led to problems in banking system: Venkaiah Naidu; around $1.5 bn worth of festive sale clocked in 2.5 days; Flipkart, Amazon claim victory over others; ED attaches Karti's assets worth Rs 54 crore; house in UK, tennis club in Spain on list of seizures; US will review Pak's bailout application to IMF from all angles, including debt position. Watch this episode of Business Wrap. 


BusinessToday.In
New Delhi, October 12, 2018
Mindless lending earlier led to problems in banking system: Venkaiah Naidu  Vice President M Venkaiah Naidu on Thursday said the banking system is facing problems due to \"mindless lending earlier\" and banks should learn from their experiences so that such issues do not reoccur. He added that the banking system was going through a transformation. Naidu suggested that India must take initiative and the entire global community must come together to enable automatic exchange of information...


PTI
October 12, 2018



PTI
October 11, 2018



Prosenjit Datta
New Delhi, October 11, 2018
The cleanup of the financial system was actually initiated by the previous governor, Raghuram Rajan, when he started the Asset Quality Review (AQR) of banks in July 2015, which forced banks to stop ever greening loans and owe up to their bad loans.


PTI
October 11, 2018



PTI
October 11, 2018



PTI
October 11, 2018



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