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PTI
New Delhi, June 3, 2018
As per a Lok Sabha bulletin, the panel will be briefed on the issue of rising NPAs and other matters related to banks. Members of the panel said there will also be discussion on the recent frauds in the banks.


BusinessToday.In
New Delhi, May 30, 2018
Earlier this week, eyebrows were raised when the Rashtriya Swayamsevak Sangh (RSS) invited former President Pranab Mukherjee to address its workers on June 7


Anand Adhikari
New Delhi, May 28, 2018
The RBI's move to clean up bank balance sheets has made close to half a dozen banks nearly dysfunctional. There is little hope of their recovery in the near term.


BusinessToday.In
May 28, 2018
The new CFO will be in charge of the government and bank account department, which processes government transactions like payments and revenue collections. Balakrishnan will also oversee the apex bank's investments in India and abroad.


BusinessToday.In
May 19, 2018
The swearing in ceremony will be held on Monday between 10:00 am and 1:00 pm. Also, Congress and JD(S) MLAs would convene tonight to discuss the agenda of the alliance and to find out ways to run a stable government.


BusinessToday.In
May 18, 2018
While opposing tomorrow's floor test, former attorney general Mukul Rohatgi, who was representing BJP in the apex court said that since the Congress MLAs are not in Bengaluru, the floor test should be postponed.


BusinessToday.In
New Delhi, May 17, 2018
The Congress party, wary of its MLAs shifting loyalties amidst horse-trading attempts by the BJP, even took them away to a luxury hotel in Bengaluru - the famous Eagleton Resort where the Gujarat Congress had also flown its MLAs in a same situation in 2017 - only to realise two of its MLAs, Anand Singh and Pratapgouda Patil, were missing from the flock.


Reuters
May 17, 2018
Former Reserve Bank of India chief Raghuram Rajan said on Wednesday he did not intend to apply for the job of Bank of England governor which is due to come vacant next year.


BusinessToday.In
May 17, 2018
After a late night hearing at the Supreme Court, BJP's legislative party leader BS Yeddyurappa was sworn-in as the Chief Minister of Karnataka.


BusinessToday.In
New Delhi, May 15, 2018
BJP emerged as the single largest party in Karnataka with 104 seats. Meanwhile, Congress and JD(S) have joined hands to pip BJP with a combined seat tally of 115, crossing the halfway mark of 112 seats.


BusinessToday.In
May 15, 2018
Will the kingmaker be the king? Karnataka Governor Vajubhai Vala is perhaps the only person who could answer this question. With Congress-JD(S) and BJP both staking claim to form the government, the ball is now in Governor's court.


BusinessToday.in
New Delhi, April 24, 2018
Infosys to renew focus on digital servicesInfosys Ltd, India's second-biggest IT firm, plans to renew its focus on digital services as it looks to boost growth amid shrinking profit margins in its legacy business and rising competition from local and international rivals. Digital services - such as cloud, big data and analytics which accounted for more than a quarter of Infosys' revenue in year to March 2018 - are a massive opportunity, Chief Executive Salil Parekh said on Monda...


BusinessToday.In
New Delhi, April 23, 2018
Former Mexican central bank chief Agustin Carstens, who currently runs the Bank for International Settlements is also a contender.


BusinessToday.in
New Delhi, April 20, 2018
TCS Q4 net profit rises 4.4% at Rs 6,904 crore; board recommends 1:1 bonusTata Consultancy Services (TCS), country's largest IT services firm, on Thursday posted a 4.48 per cent year-on-year (YoY) rise in consolidated net profit at Rs 6,904 crore for the March quarter. TCS board recommended a 1:1 bonus share issue. India's biggest software services exporter reported a revenue growth of 8.2 per cent (YoY). Its FY18 Q4 revenue was at Rs 32,075 crore. The Tata Group company accounts ...


PTI
April 12, 2018



BusinessToday.In
New Delhi, April 12, 2018
Former RBI Governor Raghuram Rajan on Wednesday said that some of the banks in India have antiquated systems that are not adequate to stop rogue people from committing fraud.


PTI
April 12, 2018



BusinessToday.In
New Delhi, April 6, 2018
Being the central bank, the RBI conducts statutory audits of banks and keeps a check on their internal systems. Due to the involvement of several PNB officials, the banking system was misused to help Nirav Modi's companies.


BusinessToday.In
April 2, 2018
Three months into 2018, the Axis Bank has faced issues like an RBI fine for non-compliance with its asset classification norms, exits/forced resignations at the top level, and fighting a legal battle against the Telecom Department's recent order against new bank guarantees from the bank.


Anand Adhikari
New Delhi, April 2, 2018
India's biggest distressed asset investor, Rashesh Shah of Edelweiss Group, has accumulated the largest pile of bad loans - over Rs 90,000 crore. Will his gambit succeed?


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