20 Oct 2011
In a decision that would once again stoke the debate whether some of the nationalized banks have become white elephants, the Central government is mulling over providing a budgetary support of Rs 20,000 crore to six nationalized banks during the current financial year.
27 Dec 2015
New Delhi: Over 9,500 complaints of deficient services by nationalised and private sector banks are pending with banking ombudsmen, the Reserve Bank of India (RBI) has said.
07 Sep 2016
New Delhi: Even as India is merging some state-run banks, Finance Minister Arun Jaitley on Wednesday said there was no move to privatise them. He also said the target date of April 1 next year to implement a pan-India goods and services tax regime will be met.
16 Oct 2016
Panaji: Countering the threat of terrorism and strengthening security cooperation will be high on the agenda at the BRICS Summit that began on Sunday with India set to forcefully articulate the dangers posed by terrorism emanating from Pakistan and push for a comprehensive global convention to tackle the menace.
11 Apr 2016
New Delhi: Banks with significant gaps in meeting priority sector loan requirement will benefit from Reserve Bank's guidelines for priority sector lending certificates, Moody's said today.
19 Sep 2016
New Delhi: There was optimism mingled with conviction in VVS Laxman's tone and tenor as the batting great on Monday predicted the start of an era of prolonged dominance by the current Indian Test team, akin to the great West Indian and Australian sides of the past.
18 Sep 2016
Mumbai: The 17-lender consortium led by State Bank of India has put on sale embattled businessman Vijay Mallya's prime Goa property, the Kingfisher Villa, at a reserve price of Rs 85.29 crore.
08 Aug 2016
The auto industry witnessed positive movement in July, on the back of a good monsoon prediction. While the country’s leading carmaker Maruti Suzuki registered close to 14 percent YoY growth, its closest competitor Hyundai also witnessed 12.9 percent rise in its sales.
28 Aug 2016
New Delhi: As Jammu and Kashmir continues to be on edge, Home Minister Rajnath Singh on Sundayreviewed the situation in the state with top BJP and government functionaries.