In January, LIC completed the process of picking up a controlling 51 per cent stake in the nearly crippled IDBI Bank.

Bad loans under Mudra Yojana have jumped almost 53 per cent to Rs 14,930.98 crore during the first nine months of the current financial year 2018-19, as compared to Rs 9,769.99 crore reported in last year.

Jet Airways share price fell up to 3.64% to 236.70 compared to the previous close of 245.65 on BSE. Jet Airways share price has been falling for the last two days and fallen 3.49% during the period.

The IDBI Bank now has Rakesh Sharma with three-year tenure to effect a turnaround post the entry of Life Insurance Corporation (LIC) as its new promoter.

Jet Airways share price opened with a gain of 2.16% at 253.40 on BSE today.

The government of India hold 56.42 per cent stake in the company.

Board of directors of Etihad, which currently owns a 24 per cent stake in the domestic carrier, will meet later in the day to decide on fund infusion into the airline. The Jet Airways share price rose 4.69% to 254.50 compared to the previous close of 243.10 on BSE.

If you factor in the number of planes unable to fly due to lack for spares, over 41% of Jet Airways' fleet is currently grounded.

In its 23rd edition, the Business Today-Money Today Financial Awards also honoured top performing fintech firms, mutual funds, insurance companies and pension funds.

ICICI-Videocon loan case: The ED had questioned Chanda, her husband Deepak Kochhar and Videocon Chairman Venugopal Dhoot in the Rs 3,250-crore loan case for four times last week.

Kotak mahindra Bank is gradually scaling up its universal banking model to play a bigger role in the financial services market.

Cancellations by the airline have nearly doubled to 200 per day from 100-odd flights in December, which is approximately a third of the daily schedule of 600 flights.

How SBI is keeping itself ahead of the curve in digital banking.

Chanda Kochhar questioned for the fourth time in four days. ED claims to have established money trail implicating the former ICICI Bank MD and CEO.

In 2010, NuPower received Rs 325 crore from Firstland Holdings, a Mauritius-based firm owned by Nishant Kanodia, the son-in-law of Ravi Ruia of Essar Group.

A team of sleuths, assisted by the police, carried out searches at five offices and residential properties of Chanda Kochhar, Deepak Kochhar, and Venugopal Dhoot in Mumbai and other locations on Friday.