The country’s largest lender SBI has aims to grow 10-12 percent in the current financial year, with green shoots of revival in credit demand and better recoveries of loans. In the latter... Read more »
Markets regulator Sebi on Tuesday banned a total of 12 entities for 4 years from the securities market for tweaking share price of Ram Minerals and Chemicals Ltd. “These 12 entities matched... Read more »
Around 6,800 cases of bank have been caught in a whopping Rs 71,500 crore fraud in 2018-19, the Reserve Bank of India has said. A total of 5,916 such cases were recorded... Read more »
Shares of PSU banks saw strong gains in an otherwise weak market on Tuesday. Reports have surfaced that the finance ministry is expected to infuse Rs 40,000 crore in state-owned banks in order to... Read more »
Bharti AXA Life Insurance Monday recorded a 25 per cent increase in its new business premium to Rs 911 crore in the financial year ended March 2019. The private sector company has... Read more »
Unemployment has rose to a four-decade high of 6.1 per cent in the country, latest figures released by the Ministry of Statistics and Program Implementation (MoSPI) have revealed. But the bad news... Read more »
As per the GST refunds, unfavourable forex and end of trade privilege to Indian firms, the micro, small and medium enterprises (MSME) sector wants the government give incentives to the upcoming Union... Read more »
The Reserve Bank will slash rates for the third time in a row, based on the economic growth which dropped to a five-year low in the final quarter of 2018-19, opined experts.... Read more »
As the talks with ArcelorMittal to form auto-grade JV firm is postponed, state-owned SAIL has started talking to other global players, a top company official said. SAIL is closely working with a... Read more »
State-owned lender Oriental Bank of Commerce (OBC) on Saturday said it plans to collect an estimated Rs 3,000 crore through the sale of equity shares to qualified institutional investors. The board of... Read more »