Reserve Bank of India (RBI)

Did Chanda Kochhar mislead RBI on 'ever-greening' of loan to Essar Group?

ICICI Bank under Kochhar denied in September 2014 about having granted an Essar Group company based in Mauritius $365-million loan in June 2014, records show

May 2, 2019

Centre mulls merger of PNB, Union Bank and Bank of India

"We wouldn't like to wait for too long," says a a finance ministry official, commenting on the plan to merge Punjab National Bank, Union Bank and Bank of India.

May 1, 2019

a worker cycling by an Indian oil refinery

$100 crude: Will new govt slip on boiling oil after Lok Sabha elections?

Trump's squeeze on Iran oil raises the spectre of a rapid rise in oil prices and the Indian economy suffering as the new government's elbowroom to stimulate growth dwindles.

Apr 30, 2019

RBI to release new 'greenish yellow' coloured Rs 20 note | All you need to know

While the new note will be released soon, the old notes will still be legal, the RBI clarified in a statement.

Apr 27, 2019

ED probing kickback angle to Chanda Kochhar role in orders granting major loans

The former CEO of ICICI Bank and her husband are now under the scanner over loans to Sandesara brothers-led Sterling Biotech and troubled Bhushan Steels.

Apr 24, 2019

Has Jet Airways bidders' interest nosedived amid loss of flight slots, procedural confusion?

Redistribution of grounded airline's flight slots to rivals, regulatory confusion as top court stays key RBI circular on stressed assets, and threat of bankruptcy proceedings cloud the fate of stake sale.

Apr 23, 2019

bombay stock exchange, bse, sensex, nifty, stock markets, sensex gainers, sensex losers, buzzing stocks

Week of F&O expiry, Lok Sabha elections expected to keep the markets choppy

Positive sentiment expected to carry forward from last week with earnings season underway and near-normal monsoon prediction.

Apr 21, 2019

Buzz in banking stocks amid reports of another rate cut; ICICI Bank, SBI rally

Nifty Bank gains momentum early on while all major bank stocks witness price action led; Nifty IT under scanner as results season continues to unwind with Wipro results scheduled on Tuesday

Apr 16, 2019

Is HDFC Bank the secret of top funds' show in beating benchmark index in growth?

Four of five funds that beat Nifty's 11.7% growth from December had HDFC Bank as one of the top three stocks on their portfolios, survey shows.

Apr 13, 2019

jet airways, jet airways etihad, emirates, emirates 2017 results, etihad emirates merger, gulf carriers hit by us rules, laptops banned to us flights

Will lenders thwart Naresh Goyal's bid for backdoor entry to Jet's cockpit?

Jet Airways founder's expression of interest in debt resolution plan puts banks that ousted him as chairman in a fix while reports of PMO's interest add to uncertainty

Apr 13, 2019

Will Naresh Goyal return to Jet Airways? All eyes on him as bid deadline nears

Naresh Goyal can offer an expression of interest in Jet's debt resolution plan and has a remote chance of returning to controlling role but will have uphill task convincing lenders to ignore possible objections of Etihad.

Apr 12, 2019

IMF scales down India's growth forecast, economy to grow at 7.3% in FY20

Notably, the Indian economy slumped to a five-quarter low of 6.6% in December quarter of the running fiscal year post which the Central Statistics Office cut down its 2018-19 forecast from an earlier estimate of 7.2% to 7%.

Apr 10, 2019

Jet Airways on borrowed time as investors cold to lenders' rescue plan

The SBI-led banks' consortium hints at investment possibility of up to 75% stake in debt-laden Jet while expression of interest is set to close on Wednesday.

Apr 9, 2019

Stake sale process of debt-ridden Jet Airways delayed as banks awaits RBI nod

In a bid to turnaround, the fortunes of beleaguered airline, Jet Airways board had decided a plan as per which the consortium of lenders, led by State Bank of India (SBI) would take over the airline's debt and convert it into 114 million shares for just Re 1.

Apr 7, 2019

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Reserve Bank of India (RBI)

Did Chanda Kochhar mislead RBI on 'ever-greening' of loan to Essar Group?

Centre mulls merger of PNB, Union Bank and Bank of India

$100 crude: Will new govt slip on boiling oil after Lok Sabha elections?

RBI to release new 'greenish yellow' coloured Rs 20 note | All you need to know

ED probing kickback angle to Chanda Kochhar role in orders granting major loans

Has Jet Airways bidders' interest nosedived amid loss of flight slots, procedural confusion?

Week of F&O expiry, Lok Sabha elections expected to keep the markets choppy

Buzz in banking stocks amid reports of another rate cut; ICICI Bank, SBI rally

Is HDFC Bank the secret of top funds' show in beating benchmark index in growth?

Will lenders thwart Naresh Goyal's bid for backdoor entry to Jet's cockpit?

Will Naresh Goyal return to Jet Airways? All eyes on him as bid deadline nears

IMF scales down India's growth forecast, economy to grow at 7.3% in FY20

Jet Airways on borrowed time as investors cold to lenders' rescue plan

Stake sale process of debt-ridden Jet Airways delayed as banks awaits RBI nod

Will banks reduce housing, car loan interest after RBI's rate cut?

RBI cuts repo rates by 25 basis points to 6 percent, EMIs set to be cheaper

Will Supreme Court order quashing RBI note on stressed loans create more Nirav Modis?

RBI plans series of steps to boost economy's liquidity ahead of Lok Sabha elections

Markets offer bullish welcome to FY20; Sensex sets record high of 39,028 points

With 9,500 branches and 13,400 ATMs, Bank of Baroda now 2nd largest PSU bank after SBI

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]

Is exhibiting cleavage mandatory? Malaika Arora opts for low neck sleeveless outfit at event in Vrindavan, leaves netizens furious