Finance minister Pranab Mukherjee will chalk out an immediate roadmap for public sector banks (PSBs) on what he expects from them in terms of interest rates, credit offtake, infrastructure lending, bad loans management and financia ..
Even though rising car sales, increased cement demand and buoyant stock market may be seen as the first signs of green shoots in the country, lending by banks seems to be lagging this growth. Loan disbursals have dipped by Rs 16,30 ..
Financial institutions on Friday asked for more measures to increase investment in infrastructure and agriculture to spur growth in the economy, in addition to tax breaks.Finance minister Pranab Mukherjee held an extensive pre-budget meeting with fi ..
The Corporate Affairs Ministry may seek quarterly financial statements of companies from market regulator Sebi as part of the exercise to evolve an early warning system to prevent a Satyam-like incident in future.The quarterly reports filed by listed ..
The jinx preventing foreign airlines from investing in Indian carriers seems to be a tough one to break. The civil aviation ministry appears to be in no hurry to push for an early green signal for removing the bar on foreign airlin ..
The full board meeting of Satyam Computer is likely to be held on June 11 after its new owner Tech Mahindra assumed charge and the board may draw a consensus on the sensitive issue of laying off as many as 5,000 employees in phases.Sources said the m ..
The two-month-long standoff between producers and multiplexes on revenue-sharing was resolved with both parties reaching a consensus on the issue.Producers and distributors under the banner of United Producers and Distributors Forum (UPDF) had stalle ..
In an order which suggests that Ketan Parekh might still be playing an active role in the stock market, the Securities and Exchange Board of India on Thursday debarred 26 entities from transaction in securities until further orders. . SEBI has also ..
Shri Salman Khurshid assumed his charge as the Minister of State (Independent Charge) for Corporate Affairs, here at Shastri Bhavan today. He was welcomed by the Secretary, Shri Anurag Goel and other senior officers of the Ministry. Immediately, aft ..
For better information dissemination and service to the customers, the Reserve Bank of India (RBI) has reiterated that banks must reframe their cheque collection policies (CCPs) covering local and outstation cheque collection as per the timeframe pre ..
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