Search For "banks"
Banks consolidation no fix for near-term challenges: Fitch Ratings
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sep 11 (ANI): The proposed further consolidation of Indian state-owned banks should be a long-term positive for the industry but not necessarily a remedy for its near-term challenges, Fitch Ratings said on Wednesday.
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Modi government has taken landmark steps in past 100 days: Sitharaman
Updated : 6 years, 6 months ago IST
Chennai (Tamil Nadu) [India], Sep 10 (ANI): Finance Minister Nirmala Sitharaman said on Tuesday the government led by Prime Minister Narendra Modi has taken landmark steps in its second term for India to emerge as a five trillion dollar economy in the next five years amid a domestic and g
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RTI activist claims 2,480 cases of fraud in PSBs involving over Rs 31,800
Updated : 6 years, 6 months ago IST
Neemuch (Madhya Pradesh) [India], Sept 10 (ANI): An RTI activist from Neemuch town of the Malwa region has claimed that a total of 2,480 cases of fraud in public sector banks involving more than Rs 31,800 crore have been registered in the first quarter of current financial year 2019-20. Read More
Equity indices erase morning losses, private banks gain
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sep 9 (ANI): Equity benchmark indices reversed early morning losses and drifted into the green zone around noon on Monday amid positive Asian cues.
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Ayodhya: Preparations begin to host a grand Deepotsav this Diwali
Updated : 6 years, 6 months ago IST
Ayodhya (Uttar Pradesh) [India], Sept 8 (ANI): On the eve of Diwali this year, the banks of Sarayu river in Ayodhya will once again be illuminated as the authorities gear up to host a grand 'Deepotsav' similar to last year.
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Sensex closes 337 points higher, Maruti Suzuki gains 3.8 pc
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sept 6 (ANI): Equity markets traded with a positive bias on Friday with auto stocks and select private banks ranking among top outperformers.
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RBI makes it mandatory for banks to link retail and MSME loans to external
Updated : 6 years, 6 months ago IST
New Delhi [India], Sept 4 (ANI): The Reserve Bank of India (RBI) on Wednesday issued a circular making it mandatory for banks to link all new floating rate personal or retail loans and floating rate loans to micro, small and medium enterprises to an external benchmark.
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Moody's takes rating action on five Indian public sector banks following m
Updated : 6 years, 6 months ago IST
Singapore, Sept 4 (ANI): Moody's Investors Service on Wednesday took rating actions on Canara Bank, Oriental Bank of Commerce (OBC), Punjab National Bank (PNB), Syndicate Bank and Union Bank of India (Union Bank) that will undergo mergers as announced by the government.
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Execution remains key in amalgamation of public sector banks: Ind-Ra
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sept 4 (ANI): India Ratings and Research (Ind-Ra) said on Wednesday the amalgamation of 10 public sector banks (PSBs) along with implementation of specific measures on governance reforms could improve their performance on a sustainable basis, subject to the succ
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AIIMS plans to use drones for cornea tissue transportation
Updated : 6 years, 6 months ago IST
New Delhi [India], Sep 4 (ANI): With only 2 per cent of eye banks active in matters related to cornea donation across the country, the All India Institute of Medical Sciences (AIIMS) RP Eye Centre, is planning to use drones to transport cornea tissues to the transplantation centres, said Dr
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India on track to emerge as $5 trillion economy: Doval
Updated : 6 years, 6 months ago IST
Male [The Maldives], Sept 3 (ANI): Director of India Foundation Shaurya Doval said on Tuesday that it is natural for a robust economy like India to go through upheavals while expanding from three trillion dollars to five trillion dollars in the next five years.
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Sensex crashes by 770 points on dismal macro data, Nifty PSU bank down by
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sep 3 (ANI): Equity benchmark indices suffered bruising losses on Tuesday in all-round selling led by bank, financial, metal and auto stocks after the government last week reported 5 per cent GDP growth during the first fiscal quarter of April to June.
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