mint - Industry
RBI Monetary Policy LIVE Updates: Governor Das to announce MPC decision soon
RBI Monetary Policy LIVE: The meeting of the six-member MPC, earlier slated for September 29 to October 1, was rescheduled as the appointme...
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mint - Industry
Debt recast comes at a cost for borrowers
Banks may levy a fee if the retail borrower chooses to restructure the loan.Lenders look to offset the effect of extra provisions they will...
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mint - Industry
Jio unleashes new postpaid tariff war
The new plans called JioPostpaid Plus will be available from Thursday, and will start from ₹399 per month with 75GB data.The latest move by...
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mint - Industry
Aviation fuel is now so cheap it’s being blended for use by ships
Straight-run kerosene, usually processed into jet fuel, is now being used to make very low-sulfur fuel oil for the maritime industry amid a...
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mint - Industry
Acme looks to sell 4.84GW solar projects
Cantor Fitzgerald (Hong Kong) Capital Markets is running the sale process for Acme.The first phase of the process may be launched on 21 Sep...
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mint - Industry
Banks set sights on guarantees
Lenders chart plan to recover dues from promoters under IBC.Notices to promoters who feature in the first such list being prepared by banks...
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mint - Industry
TCS stays bullish on campus hiring
The TCS National Qualifier Test (TNQT), is among the most sought after, as it covers over 1,800 technical institutions.Most of the hiring i...
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mint - Industry
Credit growth fails to pick up despite govt measures
Non-food bank credit has shrunk by ₹1.7 trillion in Mar-Aug period, shows RBI data.Private sector and state-run banks had an aggregate bad ...
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mint - Industry
‘Bankruptcy law has changed the credit culture in banks’
A significant amount of recovery has been witnessed in the banking system since implementation of IBC READ MORE
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mint - Industry
Telcos asked to carry out security audit
Sanjay Dhotre says telecom operators are responsible for the security of their networks.The proposal assumes importance amid the ongoing In...
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mint - Industry
Credit card firms explore ways to get repayments
India’s largest credit card company, SBI Cards, is encouraging customers to avail of its own repayment plan READ MORE
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mint - Industry
Banks must automate NPA recognition by 30 June: RBI
Central bank raps lenders for resorting to manual identification of stressed accounts READ MORE
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mint - Industry
Reliance to use Future deal to get edge in FMCG space
RIL’s retail arm is also expected to aggressively push its private brands, say analysts READ MORE
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mint - Industry
FM Nirmala Sitharaman says PSBs must use technology to serve remote areas
In a first, banking agents will provide doorstep services at 100 centres across India.In a strong message to step up access to credit, FM t...
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mint - Industry
Banks may play it safe to skirt haircuts
Lenders may choose to offer extended moratorium and elongated repayment periods READ MORE
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mint - Industry
NTPC looks to expand foothold as India hosts solar meet today
The World Solar Technology Summit will be attended by ministers of 67 ISA member nations.ISA will be appointed as the nodal agency to imple...
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mint - Industry
RBI sets debt recast rules for Covid-19-hit Indian companies
RBI identified 26 sectors affected by the pandemic such as auto, aviation and tourism, which can be offered a resolution.The regulator last...
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