Updated : 1 hour, 32 min ago IST
New Delhi [India], Sept 19 (ANI): The boards of all ten banks whose merger was announced last month have accorded in-principle approval to the proposals, said Finance Minister Nirmala Sitharaman on Thursday.
Updated : 2 hours, 28 min ago IST
New Delhi [India], Sept 19 (ANI): Finance Minister Nirmala Sitharaman on Thursday said banks have been told that no stressed-asset MSME should be declared a non-performing asset (NPA) till March 31 next year.
Updated : 3 hours, 30 min ago IST
New Delhi [India], Sept 19 (ANI): Union Finance Minister Nirmala Sitharaman on Thursday said that public sector banks will hold meetings with representatives of Non-Banking Financial Companies (NBFCs) and prospective clients in 400 districts across the country to ensure that more liquidit
Updated : 12 hours, 54 min ago IST
Mumbai (Maharashtra) [India], Sept 19 (ANI): The board of directors at IDBI Bank on Thursday approved the proposal for preferential issue of capital to the government and Life Insurance Corporation (LIC) totalling up to Rs 4,557 crore and Rs 4,743 crore respectively.
Updated : 14 hours, 23 min ago IST
New Delhi (India), Sept 19 (ANI): Union Finance Minister Nirmala Sitharaman will meet the heads of public sector banks in Delhi on Thursday.
Updated : 3 days, 7 hours ago IST
New Delhi [India], Sept 16 (ANI): The Central government has enhanced insurance cover for banks up to 90 per cent for working capital loans and moderation in premium incidence for the micro, small and medium enterprises (MSMEs) sector.
Updated : 3 days, 12 hours ago IST
Connecticut [USA], Sept 16 (ANI): Raw Women's Champion Becky Lynch has been fined USD 10,000 by World Wrestling Entertainment (WWE) for striking a referee with a chair during her Championship Match against Sasha Banks in the Clash Of Champions on Sunday.
Updated : 5 days, 3 hours ago IST
New Delhi [India], Sept 14 (ANI): The country's exporters will get the benefit of the Merchandise Exports from India Scheme (MEIS) till December 31, said Director General of Foreign Trade (DGFT) Alok Vardhan Chaturvedi on Saturday.
Updated : 6 days, 13 hours ago IST
Mumbai (Maharashtra) [India], Sep 13 (ANI): Equity benchmark indices dithered during early hours on Friday in the absence of a fresh stimulus package to reverse the slowdown in economic growth despite global liquidity seeing strength in stocks.
Updated : 1 week, 1 day 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.
Updated : 1 week, 2 days 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
Updated : 1 week, 3 days 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.