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Banks credit in personal loans too high compared to degrowth in infra sect
Updated : 7 years, 10 months ago IST
New Delhi [India], May 20 (ANI): Banks are deploying credit over-enthusiastically in retail finance like personal loans, credit card overdrafts, vehicle loans, while witnessing negative growth in key infrastructure sectors like telecom, power and roads, an ASSOCHAM paper noted on Sunday.
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RBI's monetary policy committee to hold 3-day meeting
Updated : 7 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 18 (ANI): In a first, the Reserve Bank of India (RBI) announced that its monetary policy committee (MPC) will hold a three-day meeting in June, as opposed to the usual two-day schedule.
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India's exports witness 5.17% surge in April
Updated : 7 years, 10 months ago IST
New Delhi [India], May 16 (ANI): The Centre on Wednesday reported a 5.17 percent increase in exports for the month of April this year, compared to the same month last year.
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PNB scam: CBI names 3 companies, 22 individuals in new chargesheet
Updated : 7 years, 10 months ago IST
New Delhi [India], May 14 (ANI): In connection with the multi-crore scam detected by the Punjab National Bank (PNB) earlier this year, three companies and 22 individuals have been named in the charge sheet filed under Section 120B, read with Sections 409 and 420 of the Indian Penal Code (IPC
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Book calling Tilak 'father of terrorism' is an insult: Pune Mayor
Updated : 7 years, 10 months ago IST
Pune (Maharashtra) [India], May 13 (ANI): Reacting to the incident where freedom fighter and prominent activist Bal Gangadhar Tilak, also known as Lokmanya Tilak, was mentioned as the "father of terrorism" in a Class 8 book, Pune Mayor Mukta Tilak said that it was an insult to the freedom fi
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RBSM-India 2018 to commence on May 15
Updated : 7 years, 10 months ago IST
New Delhi [India], May 11 (NewsVoir): Commerce Secretary of the Government of India, Rita A Teaotia, will inaugurate the two-day second Reverse Buyers Sellers Meet (RBSM) commencing from May 15 in Mumbai for promoting export of mangos and other tropical fruits and products.
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Uma Shankar Paliwal joins Enterslice Board
Updated : 7 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 11 (NewsVoir): All signs are pointing toward the fact that India-based fintech, virtual CFO, and startup services company Enterslice is moving from quick success to quick success.
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NCLT approves insolvency resolution plea of Era Infra
Updated : 7 years, 10 months ago IST
New Delhi [India], May 8 (ANI): The National Company Law Tribunal (NCLT) on Tuesday approved the Union Bank of India's insolvency resolution plea against Era Infra Engineering.
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ICICI profits plunge nearly 50% in Q4
Updated : 7 years, 10 months ago IST
New Delhi [India], May 7 (ANI): Private sector banking major ICICI bank on Monday reported an approximate plunge of 50 percent in its standalone profit for the fourth quarter of the fiscal ended March 31, 2018.
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Closing bell: Sensex witnesses 292.76-pt hike, Nifty above 10,700
Updated : 7 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 7 (ANI): Market indices ended significantly higher on Monday afternoon, owing to favourable gains in financials, metals, auto and energy stocks.
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Crypto currency: Flintstone Technologies seeks HC relief
Updated : 7 years, 10 months ago IST
New Delhi [India], May 5 (ANI): The Delhi High Court has fixed May 24 as the next date of hearing for a petition filed by Flinstone Technologies Pvt. Ltd. with regard to staying Reserve Bank of India (RBI) strictures related to conducting business with individual and business entities dea
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Market indices trade positive owing to favourable global cues
Updated : 7 years, 10 months ago IST
Mumbai (Maharashtra) [India], April 30 (ANI): Market indices continued to trade positive on Monday afternoon, owing to favourable global cues, particularly from the Asian market.
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