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BusinessToday.In
August 30, 2018
The Congress chief alleged that money was taken from common people and handed over to crony capitalists under the guise of demonetisation.


PTI
August 29, 2018
The Parliamentary Standing Committee on Transport, Tourism and Culture -- headed by TMC leader Derek O' Brien -- also sought details about funds infused by the government into Air India, which has been making losses for long.


PTI
New Delhi, August 29, 2018
The issue was discussed by a committee of secretaries, which was constituted following lynching of nearly 40 people in last one year reportedly due to circulation of fake news in popular social media platforms like WhatsApp.


Meetu Jain
August 28, 2018
The committee has questioned RBI for failing to take preemptive action in checking bad loans in the banking system, prior to the Asset Quality Review (AQR) undertaken in December 2015.


PTI
August 26, 2018
BJP MPs of a parliamentary panel, of which former prime minister Manmohan Singh is also a member, have stalled the adoption of its contentious draft report on demonetisation that is critical of the Modi government's note-ban decision.


BusinessToday.In
August 21, 2018
The Modi government, already backed into the corner over unemployment, absconding defaulters, rupee depreciation, fuel prices and more, would not want more bad news on the NPA front at this juncture.


Reuters
August 18, 2018
Technology executives and trade groups have discussed approaching Prime Minister Narendra Modi's office to appraise him of their worries. Separately, the industry is considering pitching the issue as a trade concern, including at the India-US talks in September in New Delhi.


Joe C Mathew
August 14, 2018
The observations came after the committee noted that the rules introduced by Reserve Bank of India (RBI) to help banks to counter the non performing asset (NPA) problem have hit the MSMEs very hard.


PTI
August 9, 2018
The government is considering a proposal of the parliamentary panel on information technology to call 'postman' as 'postperson' for the sake of gender neutrality.


BusinessToday.In
August 8, 2018
The government on Tuesday appointed Swaminathan Gurumurthy and Satish Kashinath Marathe as as part-time non-official directors on the Reserve Bank of India board.


BusinessToday.In
New Delhi, August 8, 2018
PNB posts Rs 940 crore Q1 loss amid decline in NPAsScam-hit Punjab National Bank (PNB) reported a loss of Rs 940 crore for the June quarter of financial year 2018-19. The public sector lender had posted a net profit of Rs 343.40 crore in the same quarter of last fiscal. This is the second consecutive quarterly loss for the second biggest state-run lender. The scam-hit bank had recorded biggest ever quarterly loss of Rs 13,417 crore for the January-March period on the back of Nir...


BusinessToday.In
New Delhi, August 7, 2018
According to the committee, the RBI should have engaged more in consultations with stakeholders on the matter before resorting to discontinuation of LoU/LoCs [letters of comfort].


BusinessToday.In
July 19, 2018
The FRDI Bill, introduced in the Lok Sabha last August, had drawn protests from the Opposition, the bank unions and the public alike over its 'bail-in' clause, which was feared as harming the interest of depositors.


BusinessToday.In
New Delhi, July 16, 2018
According to a survey conducted by a global consulting firm EY, over 70 per cent of Indian respondents see data protection and data privacy compliance as increasing areas of concern while 46 per cent are worried about cyber breach and insider threats.


BusinessToday.In
July 11, 2018
Under Sebi's takeover code, if a company acquires more than 25 per cent in another listed company, it has to make an open offer to minority shareholders to buy at least 26 per cent more in the target firm.


BusinessToday.in
New Delhi, June 25, 2018
Maharashtra plastic ban to cost India Rs 15,000 crore, 3 lakh jobs, claims industry officialA day after the Maharashtra government enforced the ban on a variety of plastic items, the plastic manufacturing industry on Sunday said that the state-wide ban will result in loss of up to Rs 15,000 crore and nearly 3 lakh job. In a statement to PTI, Plastic Bags Manufacturers Association of India General Secretary Neemit Punamiya said that nearly 2,500 members of the association have been...


PTI
June 24, 2018
Top officials of IDBI Bank, UCO Bank, Central Bank of India, Bank of India, Indian Overseas Bank, Dena Bank, Oriental Bank of Commerce, Bank of Maharashtra, United Bank of India, Corporation Bank and Allahabad Bank, will make presentations before the panel and respond to queries on June 26.


BusinessToday.In
New Delhi, June 21, 2018
Through the circular, RBI shed light on the inefficiencies of the Society for Worldwide Inter-bank Financial Telecommunication (SWIFT) mechanism, which is a global communication medium for banks.


BusinessToday.In
New Delhi, June 12, 2018
The RBI governor said the banks need to improve their internal control system to tackle issues related to frauds and other challenges like asset quality and rising non-performing assets. He said PNB, in its compliance report to the RBI, furnished wrong information on safety measures.


PTI
June 11, 2018



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