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Sensex, Nifty each lost over 1 per cent on Friday amidst fears of a US-North Korea war. (Photo: PTI)

Market strain continues, Sensex slides 739 points for the week

Total turnover during the week on BSE rose to Rs 18,015.55 crs as against last weekend's level of Rs 13,895.41 crores.

10 March 2018 1:46 PM IST

Manish Patel admitted to presenting a forged Indian passport to Border Patrol agents. (Photo: Representational/PTI)

Passport details must for loans of Rs 50 crore and above: Govt

Passport details will help banks to take timely action and inform relevant authorities to prevent fraudsters from...

10 March 2018 12:29 PM IST

Banks will have to make changes in the existing infrastructure which would be a huge challenge for the banks.(Representational Image)

Banks' gross NPAs at Rs 8.41 lakh crore in December

The highest amount of gross NPAs was for country's largest lender SBI at Rs 2,01,560 crore.

10 March 2018 11:56 AM IST

There would be no privatisation of the state-owned Coal India, said interim CMD Gopal Singh.

100 pc FDI in coal mining may attract global miners: report

Coal production from commercial coal mining is not likely to be significant in the next couple of years at least.

10 March 2018 11:23 AM IST

Bharti Airtel is largest telecom operator in terms of subscriber base. (Photo: AFP)

RBI imposes Rs 5 crore penalty on Airtel Payments Bank

RBI imposed penalty on Airtel Payments Bank for violating operating guidelines and KYC norms.

10 March 2018 10:54 AM IST

Reserve Bank of India, RBI, is a banking regulator. It also calculates and fixes repo rate. (Photo: AFP)

RBI turns up heat on lenders after USD 2 billion loan fraud

RBI had asked banks to connect SWIFT interbank messaging system with their core banking software by April 30.

10 March 2018 10:38 AM IST

PNB customers will have to pay charges for depositing cash above Rs 5,000 in a non-base branch even if it is located in the same city.

Before mega scam, PNB lost USD 431 mn to fraud last fiscal year

Punjab National Bank alone reported 158 cases of fraud in 2016-17.

10 March 2018 10:24 AM IST

Union Bank figures are separate from USD 300 million exposure it had previously reported on account of fraudulent PNB guarantees. (Photo: PTI)

Union Bank says has USD 45 mn direct exposure to Nirav Modi, Gitanjali...

Union Bank has direct credit exposure of about 1.2 billion rupees to companies controlled by jeweller Nirav Modi.

10 March 2018 10:14 AM IST

The survey said the problem has continued to fester as Non-Performing Assets (NPAs) of the banking system (especially public sector banks) keep increasing, while credit and investment keep falling.

Rs 2.30 lakh crore NPAs written off in 5 years

In the last few years the profit of Indian banks has been coming down due to write-offs and provisioning for bad debts.

10 March 2018 2:04 AM IST

Minister of State for civil aviation Jayant Sinha returning from the main exhibition centre at the Wings India exhibition in Hyderabad on Friday. (Photo: Gandhi)

Air India's debt to be split: Minister

The civil aviaition secretary, on Thursday, had said that the Centre plans to issue expression of interests for Air...

10 March 2018 2:04 AM IST

With this investment, Singtels total stake (along with its affiliates) in Bharti Telecom will increase to 48.90 per cent. Singtel currently holds 47.17 per cent stake in Bharti Telecom. This will lead to an increase of Singtel economic interest in Bharti Airtel by 0.9 percentage points to 39.5 per cent. (Photo: PTI)

Bharti Airtel plans to raise up to Rs 3,000 crore

Shares of Bharti Airtel on Friday closed 0.19 per cent higher at Rs 401.95 apiece on BSE.

9 March 2018 6:02 PM IST

BSNL to use part of its 3G spectrum for 4G services.

Govt allocates projects worth Rs 25,000 crore to BSNL

The big projects include laying of optical fibre based network dedicated for use by Defence worth Rs 13, 334 crore.

9 March 2018 5:42 PM IST