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www.businesstoday.in
April 22, 2018



PTI
New Delhi, April 22, 2018
After moving the insolvency authority in the US, Punjab National Bank (PNB) has raised heat by approaching Hong Kong Court against billionaire jeweller Nirav Modi, who is accused of a Rs 13,000-crore fraud.


PTI
New Delhi, April 22, 2018
Markets watchdog Sebi is mulling getting a forensic examination done on financial statements and disclosures made by ICICI Bank in last few years amid a controversy over alleged conflict of interest involving the lender's CEO Chanda Kochhar and her husband.


PTI
New Delhi, April 22, 2018
President Ram Nath Kovind last night promulgated Fugitive Economic Offenders Ordinance that will allow the government to confiscate properties and assets of loan defaulters who flee the country.


www.businesstoday.in
April 22, 2018



www.businesstoday.in
April 22, 2018



BusinessToday.In
New Delhi, April 21, 2018
HDFC Bank posted 20.27 per cent year on year growth in net profit during the quarter that ended on March 31, 2018. Net profit for the largest private lender in India during the March quarter reached Rs 4,799 crore.


PTI
New Delhi, April 21, 2018
The Union Cabinet today approved a proposal to promulgate Fugitive Economic Offenders Ordinance 2018 that provides for confiscating properties and assets of economic offenders like loan defaulters who flee the country, sources said.


Nevin John
April 20, 2018
It's tough to conclude the resolution process in at least half of the 12 big loan defaulters within the 270 days time frame allowed under the Insolvency and Bankruptcy Code (IBC).


www.businesstoday.in
April 19, 2018



www.businesstoday.in
April 19, 2018



PTI
April 19, 2018
Vitor Gaspar, Director, IMF Fiscal Affairs Department has advised countries to build strong public finances in good times in order to tackle looming risks. The global debt reached a record high in 2016 at USD 164 trillion, or almost 225 per cent of GDP.


www.businesstoday.in
April 18, 2018



BusinessToday.In
April 18, 2018
The BSE bankex dragged the Sensex and Nifty in the red after it fell 241 points (0.85%) to 28,158. Bank Nifty too fell 0.92% or 232 points to 25,102 level. Bank of Baroda (4.02%), Axis Bank (2.60%) and IndusInd Bank (1.23%) were the top losers on BSE Bankex.


BusinessToday.In
April 18, 2018
The DPIL had fraudulently availed credit facilities from a consortium of 11 banks (both public and private) from 2008, leading to outstanding debt of Rs 2,654.40 crore as of June 29, 2016.


BT Guest Columnist
April 18, 2018
After all, SIP is based on the dual concepts of rupee cost averaging and the power of compounding. Here is how it works.


PTI
April 18, 2018
A case has been registered on charges of criminal conspiracy, cheating, forgery under the provisions of the Prevention of Corruption Act against Surya Pharmaceutical Ltd, its promoters and directors Rajeev Goel and Alka Goel.


www.businesstoday.in
April 17, 2018



BusinessToday.In
New Delhi, April 17, 2018
In the last four fiscal years, 21 public sector banks could recover only Rs 29,343 crore out of the total Rs 2.72 lakh crore of bad loans


www.businesstoday.in
April 16, 2018



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