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Total 6867 results found. Search for [ central bank of india ]

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BusinessToday.In
New Delhi, December 11, 2019
Paytm founder Vijay Shekhar Sharma steps down as Paytm Financial Services directorPaytm founder Vijay Shekhar Sharma has resigned as the Director of Paytm Financial Services in wake of Reserve Bank of India's regulation that prohibits a payments bank chairman to also hold a directorial position in an NBFC (non-banking finance company) unless it's a subsidiary of the bank. While Sharma in his resignation letter cited \"other preoccupations\" as reasons for his inability to continue...


BusinessToday.In
New Delhi, December 10, 2019
Due to divergence in reporting of bad loans, SBI has to make additional provisioning of Rs 12,036 crore in the balance sheet. As a result, the adjusted net loss of the bank would be at Rs 6,968 crore instead of its reported profit of Rs 862 crore for FY19


BusinessToday.In
New Delhi, December 10, 2019
Public sector banks turn profitable in Apr-Sept; post Rs 3,221 crore of aggregate profitMinister of State for Finance Anurag Singh Thakur told Lok Sabha that public sector banks have returned to profitability, posting an aggregate profit of Rs 3,221 crore in the first half ending September. State-run lenders made aggregate provisions for NPAs and other contingencies of Rs 2.40 lakh crore and Rs 2.35 lakh crore in FY2018 and FY2019, respectively, he said in a written reply. As per ...


PTI
New Delhi, December 9, 2019
PSBs had posted huge losses in 2017-18 and 2018-19 financial years due to heavy provisioning for non-performing assets and other contingencies, said Minister of State for Finance Anurag Singh Thakur in Parliament


BusinessToday.In
December 9, 2019
A division bench of justices Ranjit More and SP Tavade directed the Reserve Bank of India to submit its reply by December 16. The bench will hear the matter next on December 18


BusinessToday.In
New Delhi, December 8, 2019
India's GDP growth rate slowed down to 4.5 per cent in the July-September quarter of this fiscal; matters have worsened since the June quarter when GDP growth slowed to 5 per cent, lowest in six years and a quarter


BusinessToday.In
New Delhi, December 7, 2019
RBI has asked banks to ensure availability of all necessary infrastructural requirements at their end for providing seamless NEFT 24x7 facility to customers


BusinessToday.In
New Delhi, December 5, 2019
Catch top stories from the world of business and economy with BusinessToday.In's end of day report


BusinessToday.In
December 5, 2019
SBI share had hit an intra day high of Rs 344.35 in morning trade on BSE


Anand Adhikari
New Delhi, December 5, 2019
There will be four things to watch out for in the RBI's monetary policy statement today -- GDP forecast, fiscal deficit, inflation outlook and repo rate


BusinessToday.In
New Delhi, December 5, 2019
MPC Meet: Reserve Bank of India Governor Shaktikanta Das-headed MPC has cut interest rates on every bi-monthly meet since he joined the apex bank last December


BusinessToday.In
December 4, 2019
Stocks in the news: Bharti Airtel, Ashok Leyland, IL&FS, Artson Engineering, Vaibhav Global, TTK Prestige, Canara Bank, Tata Power and other stocks will remain in focus on Thursday's trading session


BusinessToday.In
December 4, 2019
1,04,59,949 equity shares  of UTI AMC will be on offer under the IPO route


Reuters
New Delhi, December 4, 2019
Diesel accounts for about two-fifths of refined fuel demand in India, which has grown by its slowest pace since fiscal year 2014 this year amid tight credit markets, contracting auto sales and slowing rail and air traffic


PTI
December 4, 2019
Jitendra Singh said the government has started a web portal whereby RTI applications can be filed online by Indian citizens, including those who are living abroad


BusinessToday.In
New Delhi, December 3, 2019
The rating action comes days after India's GDP growth hit a six-and-half-year low of 4.5 per cent in the second quarter of the current fiscal


PTI
New Delhi, December 3, 2019
RBI MPC meet: If the Reserve Bank of India cuts the repo rate on Thursday, it would be the sixth reduction in the short-term lending rate in 2019


Prasanna Mohanty
December 1, 2019
Insolvency and Bankruptcy Rules of 2019 would help but more needs to be done: tighter RBI control and supervision, infusion of long-term funds (including capital) and reduction in mismatch in assets and liabilities


Chitranjan Kumar
New Delhi, November 29, 2019
Analysts expect the MPC slashing interest rates by 25 basis points (bps), along with a marginal cut in gross domestic product (GDP) growth forecast for FY20


BusinessToday.In
New Delhi, November 29, 2019
DHFL is one of the biggest defaulters in the country that owes over Rs 1 lakh crore (over $14 billion) to its debtors


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