R C Bhargava, however, dismissed the notion that no efforts were undertaken.
03 Oct 2018
The bleak reality, however, is that one in every two IL&FS entities are loss-making.
26 Sep 2018
For the first time in four decades, bank deposits plunged to 25 per cent of overall household financial assets in FY18 as against 67 per cent a year before.
17 Sep 2018
Our policymakers realised early on that India could be vulnerable and a framework for external sector was spearheaded by none other than Dr Manmohan Singh, when he was RBI Governor.
16 Sep 2018
Rupee, which has plummeted in the past few days, is likely remain at 70-72 this year, say currency experts.
09 Sep 2018
In terms of volume, little or no new pink notes were printed and circulated in the past 12 months.
30 Aug 2018
Call it RBI Governor Dr Urjit Patel’s candid confession yet on missing the inflation target, which is the apex bank’s key responsibility area.By Patel’s own admission, RBI has been “away from its
02 Aug 2018
Hold and behold! That’s been the mantra of the Reserve Bank of India (RBI), not with regards to rates, but its stance on monetary policy, which was set neutral since February 2017.
01 Aug 2018
Sources also hint that the creation of the ICA framework was largely due to less than anticipated success rate of the Insolvency and Bankruptcy Code, which aims at resolving cases in a time-bound way.
25 Jul 2018
Lenders including SBI, India Post Payments Bank, Hudco, PFC and LIC, have all signed the pact that targets faster recovery of all or a part of the Rs 6.2 lakh crore that has gone sour.
23 Jul 2018
Majority stake with promoter status entitles LIC to dominant representation, but RBI’s 50 per cent norm doesn’t allow such possibility.
19 Jul 2018
In another act of kindness to small taxpayers and businesses, the threshold limit for filing appeals in tribunals is raised to Rs 20 lakh, Rs 50 lakh and Rs 1 crore in High Courts and SC.
15 Jul 2018
Even as the decks are being cleared for the proposed IDBI-LIC stake buyout deal, about 400-500 bank employees opposing the move have called for a week-long strike starting next Monday.
12 Jul 2018
Sources said, though there are no signs of a challenge in filling up the vacancies yet, bankers are certainly giving a serious thought to the offers being put on the table.
30 Jun 2018
State-run LIC, the black knight for IDBI Bank, can hold as much as 30 per cent equity stake in an entity as a strategic promoter, according to sources.
26 Jun 2018