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BusinessToday.In
New Delhi, June 16, 2019
As per the auction notice, PNB is looking to sell the accounts to banks, asset reconstruction companies (ARCs), non-banking financial companies (NBFCs) and financial institutions


BusinessToday.In
New Delhi, June 12, 2019
Rajan's rise to fame is believed to be his prediction at the prestigious annual Jackson Hole gathering in 2005 where he warned of possible global risks in the financial system -- three years later the global recession started in the US, leading to the collapse of major banks like Lehman Brothers


BusinessToday.In
New Delhi, June 12, 2019
Rajan's rise to fame is believed to be his prediction at the prestigious annual Jackson Hole gathering in 2005 where he warned of possible global risks in the financial system -- three years later the global recession started in the US, leading to the collapse of major banks like Lehman Brothers


PTI
June 10, 2019



Anand Adhikari
New Delhi, June 10, 2019
How the Finance Ministry and the RBI can avert an economic disaster


Anand Adhikari
New Delhi, June 10, 2019
India's banking engine is still to stabilise after RBI's drive to clean up balance sheets and the government's consolidation move even as new pockets of risk build up


PTI
Mumbai, June 9, 2019
The third largest lender had put Bhushan Power & Steel on sale in December 2018 but could not find a buyer


PTI
June 8, 2019



BusinessToday.In
New Delhi, June 8, 2019
The Armonk-based tech giant said a \"small percentage\" of employees who have not been able to perform well at a competitive level would be affected by this decision


PTI
New Delhi, June 8, 2019
Legal experts said the new framework retains the core of the February 12, 2018, circular intact and provides a more implementable mechanism enabling faster resolutions


AP
June 8, 2019
It is not clear whether either crash could have been prevented if the cockpit alert had been working. A Boeing spokesman says that based on a safety review, the company had originally planned to fix the cockpit warning when it began delivering a new, larger model of the Max to airlines in 2020


Reuters
New Delhi, June 8, 2019
In Friday's circular, the RBI says lenders should work on a resolution plan based on the financial health of borrowers even before a default


PTI
June 8, 2019
Khan says talks between the two nations are the only solution to help both countries' people overcome poverty and that it is important to work together for regional development


PTI
June 7, 2019
Legal experts said the new framework retains the core of February 12, 2018, circular intact and provides a more implementable mechanism enabling faster resolutions


PTI
June 7, 2019
The central banks said lenders shall recognise incipient stress in loan accounts, immediately on default, by classifying such assets as special mention accounts


PTI
Mumbai, June 7, 2019
In an advertisement Wednesday, the bank published Kamboj's photograph, using his new name, Mohit Bhartiya, and said it has declared him a wilful defaulter with regard to borrowings by a firm called Avyan Ornaments


PTI
New Delhi, June 4, 2019
Looking forward, the bank is well-positioned on the back of strong business growth, capital and liquidity, and the ability to charge spreads to be in leadership positions, SBI said in its annual report 2018-19


PTI
June 4, 2019



BusinessToday.In
June 4, 2019
With the Serious Fraud Investigation Office filing an 840-page chargesheet accusing IL&FS Financial Services Ltd (IFIN) of various malpractices, including loan evergreening, the banking regulator may take the extreme step of cancelling its NBFC licence


Anand Adhikari
Mumbai, May 31, 2019
Government's plans to expedite banking consolidation might throw up many challenges which are likely to extend the balance sheet clean up for a couple of years


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