Search For "banks"
CBI registers case against pvt company for causing approx Rs 4736.57 cr lo
Updated : 5 years, 2 months ago IST
New Delhi [India], January 9 (ANI): The Central Bureau of Investigation (CBI) has registered a case against a private company based at Hyderabad on allegations of causing loss to banks to the tune of approximately 4736.57 crore.
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Reliance Capital's debt swells to Rs 20,380 crore
Updated : 5 years, 2 months ago IST
Mumbai (Maharashtra) [India], January 8 (ANI): Anil Ambani-led Reliance Capital has said its total outstanding debt rose to nearly Rs 20,380 crore by end-December 2020.
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Equity indices trade flat, PSU banks in focus
Updated : 5 years, 2 months ago IST
Mumbai (Maharashtra) [India], January 6 (ANI): Equity benchmark indices saw a flattish opening during early hours on Wednesday as global markets awaited the outcome of US Senate runoff elections in Georgia that will likely shape fiscal policy in the President-elect Joe Biden administration.
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Interest on loans reduced with benefits like no other; Saraswat Bank at th
Updated : 5 years, 2 months ago IST
Mumbai (Maharashtra) [India], January 5 (ANI/BusinessWire India): Saraswat Bank, India's largest Urban Co-operative Bank, slashed its interest rates on loans w.e.f. 15th December 2020, on its major loan products like Home Loan, Car Loan, Loan against property and Gold Loan.
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SC asks IBA, banks concerned to convene meetings to discuss raising funds
Updated : 5 years, 2 months ago IST
New Delhi [India], January 4 (ANI): The Supreme Court on Monday asked the Indian Bank Association (IBA) and representatives of other banks, concerned, to convene a meeting with the receiver, lawyer, R Venkatramani, for raising the funding of the unfinished projects of Amrapali real estate in
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CBI registers case against Shakti Bhog in Rs 3,269 cr bank fraud case
Updated : 5 years, 2 months ago IST
New Delhi [India], January 2 (ANI): The Central Bureau of Investigation (CBI) has registered a case against Delhi-based Shakti Bhog Foods Limited for an alleged fraud of over Rs 3,269 crore on a consortium of banks led by the State Bank of India, an official said on Saturday.
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Nifty closes above 14K mark, PSU banks surge
Updated : 5 years, 2 months ago IST
Mumbai (Maharashtra) [India], Jan 1 (ANI): Equity benchmark indices began the new calendar year with a positive tone as investors hoped for progress on Covid-19 vaccines globally amid signs of a nascent economic recovery in the country.
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Covid-19 times may usher in new opportunities for banking sector: RBI
Updated : 5 years, 3 months ago IST
Mumbai (Maharashtra) [India], Dec 29 (ANI): The gross non-performing assets (GNPAs) ratio of scheduled commercial banks declined from 9.1 per cent at end-March 2019 to 8.2 per cent at end-March 2020 and further to 7.5 per cent at end-September, the Reserve Bank of India (RBI) said on Tuesday
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Moderation in asset quality pressure to drive earnings growth for banks: I
Updated : 5 years, 3 months ago IST
New Delhi [India], December 29 (ANI): Improved asset quality and consequently lower credit provisions can drive better profitability for banks and provide impetus to lenders and rejuvenate their lending decisions, ICRA Ratings has said.
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Private banks lead the rally on D-Street, IndusInd gains 3.7 pc
Updated : 5 years, 3 months ago IST
Mumbai (Maharashtra) [India], December 29 (ANI): Equity benchmark indices moved up 0.7 per cent during early hours on Tuesday as foreign fund flows seemed unstoppable and the global cues equally supportive.
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Gold to remain in focus for investors as global uncertainties continue: Mi
Updated : 5 years, 3 months ago IST
Mumbai (Maharashtra) [India], December 22 (ANI): Investment consulting firm Millwood Kane International said on Tuesday that investments in gold gave gains of nearly 28 per cent in rupee terms during 2020 and will remain in focus for investors in the coming year.
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Standardized Risk Management Framework and Deeper Digital Integration Esse
Updated : 5 years, 3 months ago IST
New Delhi [India], December 22 (ANI/NewsVoir): The Professional Risk Managers' International Association (PRMIA), a global forum for the development and promotion of the risk profession, has launched its 50th chapter in New Delhi. It was digitally inaugurated with discussions on "Evolving Ro
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