Delhi court dismisses bail plea of Sanjay Singhal in bank fraud ca
Updated : 11 hours, 5 min ago IST
New Delhi [India], Dec 5 (ANI): A special court in Delhi on Thursday dismissed the interim bail plea of former Bhushan Steel CMD Sanjay Singhal in connection with an alleged bank loan fraud case under the Prevention of Money Laundering Act, 2002 (PMLA).
Read More
Indian banks' loan write-offs to continue: Fitch Ratings
Updated : 12 hours, 20 min 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.
Read More
Moody's downgrades Yes Bank's ratings, assigns negative outlook
Updated : 12 hours, 54 min ago IST
Singapore, Dec 5 (ANI): Moody's Investors Service on Thursday downgraded Yes Bank's long-term foreign currency issuer rating to B2 from Ba3.
Read More
Govt working on schemes to remove black spots from roads: Nitin G
Updated : 14 hours, 54 min ago IST
New Delhi [India], Dec 5 (ANI): Road Transport and Highways Minister Nitin Gadkari on Thursday said the Centre was working on Rs 14,000 crore schemes with the assistance of the World Bank and Asian Development Bank to remove "black spots" from roads which were vulnerable to accidents.
Read More
Industry leaders disappointed over no change in interest rates
Updated : 15 hours, 17 min ago IST
Mumbai (Maharashtra) [India], Dec 5 (ANI): Divergent industry views emerged after the Reserve Bank of India (RBI) on Thursday kept repo rate unchanged at the current level of 5.15 per cent and lowered its GDP forecast to 5 per cent for the current financial year 2019-20.
Read More
After PMC debacle, RBI to issue draft norms for cooperative banks
Updated : 16 hours, 26 min 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.
Read More
Consumer inflation reaches 9-year high in Pakistan
Updated : 17 hours, 11 min ago IST
Islamabad [Pakistan], Dec 5 (ANI): Inflation rose to 12.7 per cent year-on-year, the highest level in nine years mainly driven by an increase in prices of food items, the Pakistan Bureau of Statistics (PBS) said in a report.
Read More
RBI maintains repo rate at 5.15 pc, lowers GDP forecast to 5 pc fo
Updated : 17 hours, 25 min ago IST
Mumbai (Maharashtra) [India], Dec 5 (ANI): The Reserve Bank of India (RBI) on Thursday kept repo rate unchanged at the current 5.15 per cent level but revised gross domestic product (GDP) growth projection for the current financial year 2019-20 to 5 per cent from its earlier forecast of 6.1
Read More
RBI keeps repo rate unchanged, revises GDP growth projection to 5
Updated : 18 hours, 25 min 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.
Read More
Equity indices trade higher ahead of RBI policy meet outcome
Updated : 19 hours, 59 min ago IST
Mumbai (Maharashtra) [India], Dec 5 (ANI): Equity benchmark indices were in the positive terrain during early hours on Thursday ahead of a widely expected interest rate cut by the Reserve Bank of India (RBI).
Read More
Bihar: Mob thrashes man for attempting to rob bank
Updated : 20 hours, 11 min ago IST
Muzaffarpur (Bihar) [India], Dec 5 (ANI): A man said to be part of a group of six miscreants, who allegedly came to rob a bank, was caught and thrashed by a mob here on Wednesday.
Read More
Indore: Ex-bank manager murders wife, attempts to pass it off as s
Updated : 1 day ago IST
Indore (Madhya Pradesh) [India], Dec 5 (ANI): In a shocking case, the Madhya Pradesh Police on Wednesday arrested a 36-year-old ex-bank manager for murdering his wife with help from other family members and attempting to pass it off as a case of death due to snake bite.
Read More