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PTI
September 22, 2018
The Reserve Bank of India announced guidelines for co-origination of priority sector loans by banks and NBFCs with a view to enhancing flow of funds to the sector at competitive rates.


BusinessToday.In
September 22, 2018
Four independent directors, namely Renu Challu, Shhubhalakshmi Panse, Uday Ved and SS Kohli, and non-executive director Vibhav Kapoor have also stepped down from the board of IL&FS Financial Services.


BusinessToday.In
September 21, 2018
The old buzz that Dubai-based Emirates Airlines is looking to acquire Abu Dhabi-based Etihad Airways - a move that would create the world's biggest carrier by passenger traffic - is getting louder.


PTI
September 19, 2018
Following a review of the economy by Prime Minister Narendra Modi last week, the government announced an array of measures to check the decline of rupee and curb the widening current account deficit (CAD).


PTI
New Delhi, September 19, 2018
The debts incurred by IL&FS in the form of bank loans accounted for around 0.5-0.7 per cent of overall banking system loans as on March 31, 2018.


Anand Adhikari
September 18, 2018
The BJP-led NDA government probably had the right intention when they knocked on the doors of Ravi Venkatesan, former chairman of Microsoft India and P S Jayakumar, an ex-citibanker turned entrepreneur, for helping them in conducting an experiment of sorts with Bank of Baroda.


BusinessToday.In
September 15, 2018
Finance Minister Arun Jaitley said that external factors like policies adopted by the United States, trade tensions and skyrocketing crude oil prices are impacting economies like India, despite \"strong fundamentals\".


BusinessToday.In
New Delhi, September 13, 2018
\"This is a clear-cut case of collusion. There is some deal between them (Jaitley and Mallya). FM Arun Jaitley must resign and this should be investigated,\" says Rahul.


BusinessToday.In
New Delhi, September 13, 2018
Office space is in heavy demand in BKC, which has emerged as the city's financial centre in the past few years, taking over from Nariman Point. So, the sale of the corporate headquarters is expected to fetch Rs 1,300-1,500 crore. 


BusinessToday.In
September 10, 2018
The former RBI governor reportedly said that banks extended more loans to prevent 'zombie' loans from turning non-performing assets.


Abhishek Gupta
September 9, 2018
The key takeaway - the pickup in growth, without demand-pull inflationary pressure in the economy, supports our thesis that reforms have lifted India's potential growth, and activity ahead is likely to remain non-inflationary, writes Abhishek Gupta.


Niti Kiran
New Delhi, September 4, 2018
The outstanding non-food credit disbursement by schedule commercial banks stood at Rs 76,276 billion by the end of July 2018.


BusinessToday.In
New Delhi, September 3, 2018
Payments banks can only accept deposits of up to Rs 1 lakh per customer in a savings/current account.


BusinessToday.In
September 3, 2018
Niti Aayog vice chairman Rajiv Kumar today said that it wasn't demonetisation but deleveraging of credit under former RBI governor Raghuram Rajan that led to economic slowdown.


Anilesh S Mahajan
New Delhi, August 30, 2018
Other than convincing the RBI and bankers to back the road projects, Jaitley will also have to work with the central bank to develop financial institutions.


PTI
New Delhi, August 22, 2018
Major indicators that driving GVA in Q1 FY19 are cement production, passenger traffic, sale of both commercial vehicle and passenger vehicles, non-food credit growth and aircraft movement among others.


BusinessToday.In
August 21, 2018
Kerala CM Pinarayi Vijayan today said that his government will ask Centre to raise the ceiling on borrowing for the state to 4.5 per cent of the GDP.


Rajeev Dubey & Joe C Mathew
New Delhi, August 20, 2018
How Malvinder and Shivinder Singh blew Rs 22,500 crore in less than a decade and lost control over Fortis Healthcare and Religare Enterprises.


Akshay Purkayastha
New Delhi, August 20, 2018
Five ways to revitalise infrastructure financing in India.


BusinessToday.in
New Delhi, August 16, 2018
Cosmos Bank ATM hack: NPCI says cyber fraud due to malware attack on bank's IT systemA day after Pune-based Cosmos Bank said it was hit by a cyber attack in which miscreants allegedly hacked the server and transferred over Rs 94 crore to overseas accounts, the National Payments Corporation of India (NPCI) claimed that its systems are \"fully secure\" and the cyber fraud happened due to a malware-based attack on the lender's IT system. Hackers managed to siphon off over Rs 90 crore...


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