Search For "banks"
Kerala: Farmer commits suicide for not being able to pay bank loans
Updated : 6 years, 3 months ago IST
Thrissur (Kerala) [India], Dec 17 (ANI): A farmer, who lost his crops in the last devastating floods, committed suicide allegedly for being unable to pay the loans taken from different banks.
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Sitharaman holds pre-Budget consultations on digital economy, financial se
Updated : 6 years, 3 months ago IST
New Delhi [India], Dec 16 (ANI): Finance Minister Nirmala Sitharaman on Monday started her pre-Budget consultations with different stakeholder groups, the first one being with those from the digital economy, fintech and start-ups and the second with those from the financial sector and cap
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Deposit traction visible in SFBs but improvement in other aspects awaited:
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Dec 13 (ANI): Small finance banks (SFBs) will continue to see increased traction in deposits on the back of higher interest rates (1 to 2 per cent higher than most banks), focussed marketing strategies and maturing branches of a fast-growing branch network (40 p
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Sensex, Nifty close on positive note led by metals and banks
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Dec 12 (ANI): Equity benchmark indices mirrored global sentiment and extended gains after making a positive start on Thursday.
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ED raids locations in Raipur, Indore in connection with PMLA case
Updated : 6 years, 3 months ago IST
Raipur (Chhattisgarh) [India], Dec 12 (ANI): Enforcement Directorate (ED) raided eight locations in Raipur and one in Indore in a Prevention of Money Laundering Act (2002) Act case, wherein, banks were allegedly duped off huge amount of money through forgery by main accused and his associ
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Will govt maintain database on employment of those who avail edu loans: Ma
Updated : 6 years, 3 months ago IST
New Delhi (India), Dec 9 (ANI): Congress MP Manish Tewari asked the government in Lok Sabha on Monday whether it will consider maintaining a central database that will have information about the employment status of those who have availed educational loans through banks.
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Indian banks' loan write-offs to continue: Fitch Ratings
Updated : 6 years, 3 months ago IST
Singapore, Dec 5 (ANI): Indian banks are likely to take significantly more loan write-offs against a backdrop of rising provisions and weak recovery prospects, Fitch Ratings said on Thursday.
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After PMC debacle, RBI to issue draft norms for cooperative banks
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Dec 5 (ANI): The Reserve Bank of India (RBI) said on Thursday it will take steps to strengthen the safety of depositors dealing with cooperative banks.
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RBI keeps repo rate unchanged, revises GDP growth projection to 5 pc from
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Dec 5 (ANI): The Reserve Bank of India (RBI) on Thursday kept the repo rate unchanged at the current 5.15 per cent level but revised gross domestic product (GDP) growth projection to 5 per cent from 6.1 per cent for the current financial year 2019-20.
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ADB, ACAMS partner to improve anti-money laundering capacities in developi
Updated : 6 years, 3 months ago IST
Manila [Philippines], Dec 4 (ANI): The Asian Development Bank (ADB) and the Association of Certified Anti-Money Laundering Specialists (ACAMS) are partnering in the pilot rollout of an internationally accredited online training programme to boost anti-money laundering and know-your-client
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Rs 4.91 lakh crore disbursed by PSBs in Oct and Nov
Updated : 6 years, 3 months ago IST
New Delhi [India], Dec 3 (ANI): Public sector banks (PSBs) disbursed Rs 2.39 lakh crore to micro, small and medium enterprises (MSMEs), non-banking finance companies (NBFCs), corporates, retail and agriculture sector borrowers in November, raising the total disbursement since the launch of t
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Punjab Cabinet approves amendment to create rural land banks for industria
Updated : 6 years, 3 months ago IST
Chandigarh (Punjab) [India], Dec 2 (ANI): The Punjab Cabinet led by Captain Amarinder Singh on Monday gave in-principle approval to amend the Punjab Village Common Land (Regulation) Rules, 1964, to create land banks in rural areas to boost industrial development in the city.
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