Swarup panel will help 215 large stalled projects restart: FM

Indian banks have Rs1.79 trillion worth of bad loans on their books. While they are taking steps to address this problem, it will be another six months before the industry leaves the worst behind it, say analysts QUICK LINKS: Financial Services ...

T.M. Bhasin, Chairman and Managing Director of Indian Bank, has been re-elected as Deputy Chairman of Indian Banks Association (IBA) for 2013-14 by the IBA managing committee. The decision was taken at IBAs 66th annual general meeting. Bhasin will also be the ...

As employees of state-owned banks bargain hard for a steep rise in pay, the finance ministry has asked the Indian Banks' Association (IBA) to consider moving towards a cost-to-company (CTC) structure to reflect the actual remuneration, including all ...

State Bank of India is contemplating merging one of its five associate lenders with itself this year as the parent bank's capital base expands, Chairman Pratip Chaudhuri said on Tuesday. Additionally, the bank will seek a go-ahead for raising capital from an ...

MUMBAI, June 6, (Agencies): The Reserve Bank of India has advised banks not to encourage customers to buy gold, the country's finance minister said on Thursday, as part of efforts to ease pressure on the growing current account deficit. The move ...

Nothing seems to be going in favor of Indian economy at this moment, which is reflected by the sharp decline in Indian equity markets over past two sessions. The growth story of India keeps battling with new villains every now and then whether it is ...

Outstanding restructured advances of 10 large banks stood at Rs 1,77,333 cr, of which only Rs 58,366 cr is under corporate debt restructuring cell Read more on: CDR | Non-CDR | SMEs | IBA | India Inc | stressed assets Subject line: Your ...

Indian equities are trading lower in afternoon trade due to fall in ICICI Bank, HDFC and TCS that fell 1.7 percent each. However, Sun Pharma after fourth quarter earnings and Tata Motors ahead of March quarter numbers continue to see buying interest.

Also Read: Indian ADRs: Banks, IT gain; Tata Motors, Sterlite lose 3% In the complaint filed in the court of Chief Metropolitan Magistrate Vidya Prakash, the company said it has learnt that some unknown persons were engaging in business of ...