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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



PTI
June 11, 2018



BusinessToday.In
June 9, 2018
Finance Minister Piyush Goyal on Friday said that the committee will make recommendations on setting up of an asset reconstruction or asset management company for faster resolution of stressed accounts, and most of the stressed assets have been identified that could fit into the ARC or AMC structure.


PTI
June 5, 2018



PTI
June 4, 2018



PTI
June 4, 2018



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.


PTI
May 10, 2018



BusinessToday.In
New Delhi, April 25, 2018
China fails to get Indian support for Belt and Road ahead of summitChina failed to get India's support for its ambitious Belt and Road infrastructure project at the end of a foreign ministers' meeting of a major security bloc on Tuesday, ahead of an ice-breaking trip to China this week by Prime Minister Narendra Modi. The Belt and Road is Chinese President Xi Jinping's landmark scheme to build infrastructure to connect China to the rest of Asia and beyond, a giant reworking of its...


Joe C Mathew
New Delhi, April 18, 2018
The parliamentary panel scrutinising the expenditure plans of the Department of Food and Public Distribution in the Union Budget 2018/19 made an interesting observation.


PTI
New Delhi, April 12, 2018
The Standing Committee on Finance, chaired by senior Congress leader M Veerappa Moily, in its last meeting on March 9 had asked the ministry to institute a comprehensive inquiry encompassing systemic elements in the case and submit its report within a month.


PTI
April 12, 2018



PTI
April 9, 2018



PTI
April 5, 2018



PTI
April 5, 2018



PTI
March 28, 2018



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