The Central government has signed a loan agreement with JICA for providing ₹15,000 crore, of the total loan amount of ₹88,000 crore.Indian ...
Read moreThe revised RBI norms are aimed at boosting credit flow to backward districts.Under new PSL norms, higher weightage will also be assigned t...
Read moreTenders for civil works for 345 kms out of 508 kms alignment, or 68 percent of civil works, have already been floated.The 508.17-kilometre ...
Read moreSupreme Court hands an interim extension of loan moratorium.Any loan that is overdue by more than 30 days as on 1 March is ineligible for a...
Read moreWFH policies have been rolled out in 19 foreign offices of SBI.Most players in the banking sector were not able to exercise the WFH option ...
Read moreThe fire started in the engine room of the Panama-registered very large crude carrier (VLCC) MT New Diamond, which was chartered by IOC to ...
Read moreThere is also new-found confidence in the ability to learn on one’s own.While offices will not disappear, their role is likely to change RE...
Read moreFor now, better-than-normal rains have set the stage for bumper food grain output, with the area under monsoon-sown crops.While a good harv...
Read moreVery few banks have come up with loan recast offers for retail customers.Most lenders are only telling clients how much their equated month...
Read moreAccording to two company executives who spoke on condition of anonymity, talks for fund-raising that slowed down with the AGR case may resu...
Read moreThe DPIIT’s revised public procurement order was issued on 4 June to foster domestic manufacturing READ MORE
Read moreData released by data analytics firm IHS Markit showed purchasing managers’ index (PMI) for manufacturing rose to 52 in August from 46 in J...
Read moreBanks may see bad loans rise to the highest in 20 years.There are concerns that credit growth, which has been hovering in the 5-6% range, c...
Read moreHaving witnessed banks going on a loan recast spree in the last round of regulatory forbearance, the Reserve Bank has tightened the regulat...
Read moreBankers say there are tell-tale signs that non-performing retail loans will jump after 31 August.RBI data shows the number of retail and sm...
Read moreRBI is not inclined for an extension of the scheme after 31 Aug.RBI is concerned about changes in credit behaviour it could induce among bo...
Read moreDigital technology has changed our relationship with each other and with the world.The smartphone, which has virtually become a part of our...
Read moreThe lockdowns led to an exodus of workers from urban to rural India following job losses, resulting in a fall in the 2G subscriber base.Lim...
Read moreFor broadcasters, the pent-up demand for live sports could translate into high viewership, with matches starting at a convenient 7.30pm.Bra...
Read moreThe tepid credit growth is a direct fallout of the slowdown in demand, say bankers.Bankers said low credit growth was not because they were...
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