Economic Times

Among the points of confl ict between the RBI and the government is the level of reserves the central bank should hold.
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The Bank for International Settlements (BIS) has appointed Siddharth Tiwari as the Chief Representative for Asia and the Pacific.
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If the moratorium is denied a lot of bandwidth will go into following up the cases. The court will consider the progress report and a lot depend on wh
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The number of corporate debtors admitted by the NCLT but are yet to be resolved through the corporate insolvency resolution process is growing steadi
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As per the indicative offers, the investors will acquire 51% stake valuing the housing finance firm at around Rs 1,500-2,000 crore.
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The company has partnered with Morocco-based m2m and Dubai-headquartered Ascent Business Group to use their products for these segments, said Thyagara
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As per the indicative offers, the investors will acquire 51 percent stake valuing the housing finance firm at around Rs 1500-2000 crore.
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PNB Housing Finance Managing Director Sanjaya Gupta said the fresh sanction of Rs 3,500 crore will strengthen the company's liquidity and also help in
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For the moment, the focus is on the probe where SFIO is looking at multiple approaches amid several instances of wrong-doing coming to its attention,
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Rajan strongly opposed the idea of handing supervision of the government securities market to the stock-market regulator.
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The interest rate for different categories of borrowers are pegged at the marginal cost of funds based lending rate (MCLR).
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NBFCs made up 12-15% of the total credit generated in fiscal 2017.
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The banks expected to exit PCA include Bank of India, Bank of Maharashtra and Corporation Bank. A total of 11 state-run lenders are under the framewor
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"The ED had acted on the firm based on some vital information obtained from the Income Tax Department about its financial dealings and possible indulg
Companies - 6 days ago
Finance Minister Arun Jaitley spoke about the surging growth of RuPay and Unified Payment Interface (UPI), which allows swift inter-bank fund transfer
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A bank which was claiming Rs 30,000 as credit card dues from a customer will have to give up this claim as it has failed to prove that the person had
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Axis Banks' digital banking head Praveen Bhatt talks about the strategy to achieve customer centricity and how the bank is cracking the code for custo
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Liquidity squeeze and a lack of confidence in finance companies' short-term papers spark crisis.
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ICICI Bank, Axis Bank and SBI have cleaned up their books and are poised to see better days ahead, helped by their wide reach, superior liquidity and
Companies - 7 days ago
For the first time in history, the government invoked the never used Section 7 of the Reserve Bank of India Act, which empowers it to consult the gove
Companies - 7 days ago