SBI reports Rs 2,416 cr loss in Q3

New Delhi [India], Feb 9 (ANI): The State Bank of India (SBI) on Friday reported loss of Rs. 2,416 crore in the...

RBI grants payment extension to select MSMEs

Mumbai (Maharashtra) [India], Feb 7 (ANI): In a bid to relieve Micro, Small and Medium Enterprises (MSMEs) of...

Inflation projected at 5.1-5.6% in the next fiscal

Mumbai (Maharashtra) [India], Feb 7 (ANI): The Reserve Bank of India (RBI) on Wednesday revealed that the estimated...

Budget 2018: SME sector hopeful of new mechanisms

New Delhi [India], Jan 30 (ANI): With this year's Union Budget scheduled to be presented in two days, anticipations...

IBC mechanism being used to resolve NPA Problem: Economic Survey

New Delhi [India], January 29 (ANI): The International Bank of Commerce (IBC) mechanism is being used to resolve the...

CRISIL outlook on PSBs revised to 'stable' from 'negative'

New Delhi [India], Jan 27 (ANI): The economic outlook of the Indian public sector banks (PSBs) was revised from...

Banks reporting spike in NPAs, declining credit growth

New Delhi [India], Jan 25 (ANI): A FICCI-IBA Survey has noted that banks are reporting an increase in non-performing...

Gross NPAs to reach Rs. 9, 50,000Cr by March '18

New Delhi [India], Jan 23 (ANI): With the Indian banking sector currently under stress, gross NPAs are expected to...

Tech-based approach can help NBFCs meet credit demand: Study

New Delhi [India], Jan 7 (ANI): Amid increasing pressure on the banking system due to bad loans and NPAs, an...

Meghalaya: 5 Congress MLAs join NPP ahead of polls

Shillong (Meghalaya)[India], January (ANI): Eight MLAs, including five from the Congress party, joined National...

Jaitley, Chidambaram spar over NPAs in Rajya Sabha

New Delhi [India], Jan 2 (ANI): Former Union Finance Minister P Chidambaram questioned the National Democratic...

Eight MLAs resign from Meghalaya Assembly to join BJP ally

Shillong (Meghalaya) [India], December 30 (ANI): In a major blow to the ruling Congress government in Meghalaya...