RBI outlines framework to tackle Rs 10T bad debts

Following SBI, two leading private lenders ICICI Bank and HDFC Ltd today slashed interest rate by up to 0.3 per cent for loans of up to Rs 30 lakh to promote affordable housing. New home loans rates for up to 30 lakh for women will be 8.35 per cent and for ...

By Nandita Bose and Richa Naidu (Reuters) - Suppliers to Sears Holdings Corp told Reuters they are doubling down on defensive measures, such as reducing shipments and asking for better payment terms, to protect against the risk of nonpayment as the company ...

GSTN CEO Prakash Kumar tells Sudipto Dey how information technology can improve service delivery of government departments. IMAGE: GSTN CEO Prakash Kumar has earlier worked closely with setting up the technology backbone for the RTI system. Photograph: Courtesy Business Standard.   Our guest is a self-confessed non-foodie. Given a choice he would eat home food at the Goods and Services Tax Network (GSTN) canteen on the fourth floor office at Worldmark 1 in Aerocity complex near Terminal 3 ...

The following is the full text of US President Donald Trump’s first address to a joint session of the Congress on February 28, as prepared for delivery and released by the White House press office. TO THE CONGRESS OF THE UNITED STATES: Mr. Speaker, Mr. Vice President, Members of Congress, the First Lady of the United States, and Citizens of America: Tonight, as we mark the conclusion of our celebration of Black History Month, we are remindedof our nation’s path toward civil rights ...