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Total 15 results found. Search for [ prompt corrective action plan ]

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Anand Adhikari
September 18, 2018
The BJP-led NDA government probably had the right intention when they knocked on the doors of Ravi Venkatesan, former chairman of Microsoft India and P S Jayakumar, an ex-citibanker turned entrepreneur, for helping them in conducting an experiment of sorts with Bank of Baroda.


BusinessToday.In
New Delhi, September 7, 2018
\"We will look at their (LIC's) business plan (post acquisition of 51 per cent stake in IDBI Bank) and then decide on reduction of its stake in IDBI Bank (to 15 per cent),\" says IRDAI Chairman SC Khuntia


Mail Today Bureau
July 17, 2018
The next step for LIC is to approach market regulator Sebi, as the bank, which is also state-owned, is a listed entity. Insurance regulator IRDAI has already given its approval to the insurer for the stake purchase.


BusinessToday.In
New Delhi, May 24, 2018
Earlier this week, reports pointed out that India's private banks have recorded a 450 per cent jump in gross NPAs in the past five years. But according to a recent CARE Ratings report, there has been a significant spurt in NPAs even on a quarterly basis where the fourth quarter results of the last fiscal are concerned. 


BusinessToday.In
May 17, 2018
While Goyal's tenure as the Finance Minister is going to be ephemeral, the former chartered accountant turned investment banker has already set the ball rolling to improve the financial health of country's public sector banks.


PTI
March 12, 2018



PTI
January 6, 2018



PTI
January 4, 2018



PTI
January 4, 2018



BusinessToday.in
New Delhi, January 4, 2018
Digital transactions rose 6.05% to 1.06 billion in December from 997.1 million in November


PTI
January 3, 2018
The funding comes under Indradhanus plan of the government which promised Rs 70,000 crore over period of four years ending March 2019.


PTI
January 3, 2018



BusinessToday.in
New Delhi, December 30, 2017
The government had on October 24 unveiled a Rs 2.11 lakh crore two-year roadmap for strengthening NPA-hit public sector banks. The plans includes re-capitalisation bonds, budgetary support, and equity dilution.


BusinessToday.in
New Delhi, December 22, 2017
As part of the Reserve Bank of India's corrective action, the bank can no longer issue fresh loans as well as distribution of dividends. Now the bank has decided to manage costs by shutting down some of its ATMs, though the company claims it would be done in such a way that customers are not inconvenienced. 


Rajeev Dubey
April 8, 2015
Corporate India's borrowings have more than doubled in the past four years. Its debt woes in the midst of a slowing domestic economy have far-reaching consequences.


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