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Nirmala Sitharaman to review performance of credit and welfare schemes for
Updated : 3 years, 6 months ago IST
New Delhi [India], September 27 (ANI): Finance Minister Nirmala Sitharaman will review the performance of credit and other welfare schemes for Scheduled Castes (SCs) in public sector banks on Tuesday.
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Finance minister to review performance of credit and welfare schemes for S
Updated : 3 years, 6 months ago IST
New Delhi [India], September 26 (ANI): Finance Minister Nirmala Sitharaman will review performance of credit and other welfare schemes for Scheduled Castes (SCs) in public sector banks on Tuesday.
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Markets monitor RBI MPC meet; rupee downtrend likely to continue
Updated : 3 years, 6 months ago IST
New Delhi [India], September 25 (ANI): Markets fell for a second consecutive week while rupee's decline versus dollar put pressure to reverse the positive flows into the domestic market for two months. US Federal Reserve's hiked rates and a tighter monetary policy across central banks across
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People take holy dip, perform 'pind dan' on last day of 'Pitru Paksha'
Updated : 3 years, 6 months ago IST
Kolkata (West Bengal) [India], September 25 (ANI): A large number of people on Sunday converged on the banks of the Hooghly River to take a holy dip and offer prayers to their ancestors on the last day of Pitru Paksha, also known as Sarvapitari Amavasya.
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Karnataka to amend rules to ban confiscation of farmers' property by banks
Updated : 3 years, 6 months ago IST
Chitradurga (Karnataka) [India], September 24 (ANI): Karnataka Chief Minister Basavaraj Bommai announced that the State government would bring a suitable amendment to the existing rules to end the practice of the confiscation of properties of farmers by banks by issuing notices.
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CBI arrests CMD of ABG Shipyard in Rs 22,842 crore bank fraud case
Updated : 3 years, 6 months ago IST
New Delhi [India], September 21 (ANI): The Central Bureau of Investigation (CBI) on Wednesday arrested the Chairman and Managing Director of Surat-based ABG Shipyard for allegedly cheating a consortium of banks led by State Bank of India of over Rs 22,842 crore.
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Banks may see bad loans fall to a decadal low of 4% by March 2024: Crisil
Updated : 3 years, 6 months ago IST
New Delhi [India], September 21 (ANI) Gross non-performing assets (GNPAs) of banks are likely to decline by 90 basis points (bps) to 5 per cent this year and further improve to a decadal low of 4 per cent by March 31 next year, pushed by post-pandemic economic recovery and higher credit grow
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Samajwadi Party and truth are two banks of a river that can never meet: Yo
Updated : 3 years, 6 months ago IST
Lucknow (Uttar Pradesh) [India], September 20 (ANI): Chief Minister Yogi Adityanath on Tuesday took a dig at Samajwadi Party (SP) chief Akhilesh Yadav alleging that Yadav misled people by presenting wrong facts in the assembly.
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Morgan Stanley expects 50 bps repo rate hike in next RBI policy meet
Updated : 3 years, 6 months ago IST
New Delhi [India], September 19 (ANI): Faced with sticky inflation and a continued hawkish stance by various central banks, the Reserve Bank of India is likely to raise repo rates by another 50 basis points with an unchanged policy stance when it meets for the next monetary review, global in
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Equity Outlook: All eyes on central bank monetary policy stance for road a
Updated : 3 years, 6 months ago IST
New Delhi [India], September 18 (ANI): All is not well in global financial markets. Market participants are not aggressively participating and are largely shying away from making large bets, especially on concerns of aggressive global monetary policy tightening by various central banks to
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Banking sector has to make big contribution to make India developed countr
Updated : 3 years, 6 months ago IST
Mumbai (Maharashtra) [India], September 17 (ANI): Finance Minister Nirmala Sitharaman has exhorted the banking sector to play a lead role in realising the dream of a developed India by 2047.
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Risk of global recession rises amid simultaneous interest rate hikes: Worl
Updated : 3 years, 6 months ago IST
Washington [US], September 16 (ANI): As central banks across the world simultaneously hike interest rates in response to inflation, the world may be edging toward a global recession in 2023 and a string of financial crises in emerging markets and developing economies that would do them lasti
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