Economic Times

The economic offences wing of Mumbai Police jaarrested Rakesh Wadhwan and his son Sarang Wadhwan, directors of HDIL.
Companies - 14 hours ago
The volume grew to Rs 1 lakh crore as both established and new originators flocked to the securitization market to raise resources profile in a challe
Companies - 15 hours ago
Indian Bank would be amalgamated with Allahabad Bank under the Centre's move to merge various public sector banks.
Companies - 17 hours ago
Cap of Rs 25,000 on withdrawals from PMC Bank may rise as FM tweets 'clients and their concerns will be kept on top priority’.
Companies - yesterday
Lenders to vote on company’s resolution plan, including proposal to convert part debt into 51% equity, in November.
Companies - yesterday
LIC, the largest life insurer, recorded a 18.37% rise in its new premium during the month at Rs 12,759.24 crore as against Rs 10,778.81 crore in the s
Companies - 2 days ago
Every time a crisis such as PMC surfaces, there’s some sympathy over the plight of depositors, and debates around the need to regulate cooperative b
Companies - 2 days ago
"The new name and logo of the merged entity will be decided after inviting suggestions from all and sundry," a top UBI official told.
Companies - 2 days ago
A slump in the residential property market is leaving many builders struggling to repay loans to shadow lenders.
Companies - 2 days ago
The bank was put under "directions" by RBI last month due to weak financial health, wherein the central bank has capped the deposit withdrawals at Rs
Companies - 3 days ago
This is the first time the 111-year-old bank has come clean on the default perpetrated by Choksi, who has now settled as a citizen of Antigua & Barbad
Companies - 3 days ago
The meeting of the central board, held in Chandigarh, came a day after Finance Minister Nirmala Sitharaman announced setting up of a panel to recommen
Companies - 4 days ago
Captains at MFI firms believe that said that the slowdown is not felt in their sector as they finance making of goods for conspicuous consumption.
Companies - 4 days ago
The benchmark one-year MCLR, against which most of the consumer loans are priced, will now stand at 8.35 per cent from the earlier rate of 8.40 per ce
Companies - 4 days ago
The memorandum of understanding (MoU) will facilitate a cashless, paperless and transparent payment system on the portal and will create an efficient
Companies - 4 days ago
Investigations have revealed that the board of directors was aware of the loans sanctioned to the promoters of Housing Development and Infrastructure
Companies - 4 days ago
"We have loan waivers & corporate loan write-offs but nothing to protect common man's savings," Parekh said.
Companies - 4 days ago
The income tax department sought to reopen the accounts of NuPower last year to examine the genuineness of investments of about Rs 50 crore by Firstla
Companies - 4 days ago
The company, which operates in the country under its registered name of Kisetsu Saison Finance India, has also received $30 million from the Tokyo Sto
Companies - 4 days ago
On Wednesday, the Reserve Bank had rejected a proposal to merge Indiabulls Housing Finance Ltd (IBHFL) with the Tamil Nadu-based troubled lender.
Companies - 4 days ago