New Delhi: The CBI has carried out searches at six locations in Mumbai in connection with a Rs 1,400-crore loan default allegedly by an a...Read More

MUMBAI: Shares of PSBs jumped up to 19%, Thursday after the Finance Ministry announced infusion of Rs 48,239 crore in 12 such lenders in ...Read More

Mumbai: Finally some banks have shown signs of decline in their NPA ratio, this decline was seen in two or more successive quarters.

Move to help lenders meet capital requirement

PNB’s capital adequacy falls to 9.2%, IOB’s at 9.25% at March-end

Mumbai : After having narrowly escaped bankruptcy in October, Jai Balaji Industries is, once again, facing insolvency as the State Bank o...Read More

STC is in the process of restructuring of listed entity on account of such existing debts and necessary actions in fraud/default this res...Read More

Nifty falls 110 points, investors lose Rs 4.30 L-cr in 5 sessions.

Mumbai : Indian Overseas Bank (IOB) has invited initial bids from asset reconstruction companies, banks, financial institutions, and non-...Read More

New Delhi : The finance ministry has sought help of the government think-tank NITI Aayog and other global consultancy firms to examine th...Read More

New Delhi : The government on Friday appointed new managing directors and chief executive officers of seven public sector banks (PSB), wh...Read More

New Delhi: Concerned over mounting bad loans, the Public Accounts Committee (PAC) has called the heads of public sector banks to explain ...Read More

New Delhi : The Finance Ministry on Tuesday announced the badly needed capital infusion of Rs 22,915 crores towards the re-capitalisation...Read More