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Given the higher NPAs and weak capitalisation of PSBs, ICRA had earlier projected private sector banks market share in the banking sector advances to increase to 38 per cent 40 per cent by 2020 from 27.5 per cent as on March 31, 2017. (Representational image)

Bank credit grows at 11.52 per cent, deposits at 7.96 per cent

In the same period ended April 14, 2017, banks advances were at Rs 76,01,970 crore.

25 April 2018 6:07 PM IST

Orkut has announced its entry into the Indian market amid the controversy surrounding user data breach at Facebook.

Orkut founder, JetSynthesys to launch 'Jet Hello' in India

The Hello Network team will continue to develop innovative technologies.

25 April 2018 5:54 PM IST

Civil Aviation Authority of the Philippines has sent a team from its Flight Safety and Inspectorate Service to the crash site for further investigation. (Representational Image/ Pixabay)

Civil Aviation could have a re-look into draft citizen charter

The charter has also proposed abolishing penalties on ticket modifications done within 24 hours of booking.

25 April 2018 5:11 PM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

Reserve Bank of India to hike rates in June policy: report

Largely on account of sharp increase in crude oil prices over the last few months.

25 April 2018 4:34 PM IST

Companys total income was down 4.9 per cent at Rs 14,304.6 crore in the fourth quarter of last fiscal, compared to Rs 15,045.5 crore.

Wipro Q4 net profit falls over 20 per cent to Rs 1,800 crore

Wipro's profit fell 6 pc to Rs 8,003.1 crore, while total income dipped 1.7 pc to Rs 57,035.8 crore over 2016-17.

25 April 2018 4:34 PM IST

Anmol Ambani, the eldest son of Reliance group chairman Anil Ambani, has been appointed on the boards of Reliance Nippon Life Asset Management (RNAM) and Reliance Home Finance (RHF).

Anil Ambani's son Anmol enters boards of RHF and RNAM

Anmol Ambani, 26, is currently the Executive Director of Reliance Capital.

25 April 2018 4:27 PM IST

The increase in HRA for central government employees under the seventh central pay commission, has impacted the CPI inflation by nearly 35 basis points.

HRA hike under 7th pay commission impacted CPI by 35 bps: study

The revised HRA structure, under the seventh CPC, came into place in July 2017.

25 April 2018 4:08 PM IST

Benchmark Sensex surged 577 points to end at 33,597 on Thursday.

Sensex sheds 115 points on weak global cues, profit-booking

Sensex fell over 115 points while the Nifty closed below 10,600 on Wednesday.

25 April 2018 3:58 PM IST

All 2.2 billion Facebook users will receive a notice on their feeds titled Protecting Your Information. It will have a link to information on which Facebook apps they use and what information they have shared with those apps. (AP Photo/Richard Drew, File)

Govt sends second notice to Facebook, CA; seeks response by May 10

Facebook had admitted that nearly 5.62 lakh people in India were potentially affected by incident.

25 April 2018 3:53 PM IST

Punjab National Bank today said money of customers is safe and asserted that there would be zero tolerance towards unethical practices.

PNB to hire detective agencies to locate untraceable borrowers

PNB has invited applications for empanelment of detective agencies to locate its untraceable borrowers.

25 April 2018 3:53 PM IST

EPFO has already joined the vast network of over 2 lakh common services centres (CSC) of the IT department to widen its reach.

EPFO to inform members about contributions not deposited by firms

EPFO has subscribers' base of over 5 crore and manages a corpus of over Rs 10 lakh crore.

25 April 2018 3:45 PM IST

Cab aggregator Ola on Tuesday announced the acquisition of end-to-end public transport ticketing and commuting app, Ridlr.

Ola sets up council to enhance road safety

The council will also lend support in areas like gender sensitisation training for driver partners.

25 April 2018 3:38 PM IST