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Union Economic Affairs Secretary Shaktikanta Das (Photo: PTI)

Rating agencies far from India's ground realities: Das

India believes it compares favourably with other emerging countries on metrics such as default risk.

6 May 2017 2:21 PM IST

The two unlisted associate banks which will be merged with SBI are State Bank of Patiala (SBP) and State Bank of Hyderabad (SBH).

Bad debt situation not that grim, recovery hopes intact: SBI

Banks are straddled with anywhere between Rs 9 lakh crore to Rs 12 lakh crore of stressed assets.

6 May 2017 1:50 PM IST

RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.

RBI gets more teeth to resolve banks' NPA woes; acts quickly

RBI made substantial changes in the norms and also warned banks of monetary penalty for missing NPA resolution...

6 May 2017 12:50 PM IST

Yoga guru Baba Ramdev

Relief for Ramdev's Patanjali in 'Om' on toiletries case

Allahabad HC refuses to restrain Patanjali from using sacred symbol 'Om' on toiletry products.

6 May 2017 12:45 PM IST

Chanda Kochhar of ICICI Bank. (Photo: File)

Chandha Kochhar lauds new Banking Regulation Act

Kochhar says new stressed assets rules will help lenders solve problem in a time-bound manner.

6 May 2017 12:42 PM IST

To tackle malnutrition, the FSSAI recently recommended adoption of fortified food in government schemes. (Representational image)

FSSAI proposes blueprint for 'food smart cities'

Food has been largely ignored in city planning, despite it being the central piece around which life revolves.

6 May 2017 12:37 PM IST

Panic among people during the initial days (of demonetisation) had led customers rushing to banks and deposit their money. (Photo: Representational Image/PTI)

7 PSU banks get new heads; MDs of PNB, BoI shifted

Toxic loans of public sector banks rose by over Rs 1 lakh crore to Rs 6.06 lakh crore during April-Dec 2016-17.

6 May 2017 11:26 AM IST

Ubers Greyball software under investigation

Uber's Greyball' software under investigation

The company used the software to evade local transportation officials.

6 May 2017 5:38 AM IST

RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.

RBI gets more power to deal with bad loans

Central bank can now initiate insolvency process.

6 May 2017 5:09 AM IST

Representational Image

Tata communication shares slump on BSE

Shares slumped over 9 per cent after company reported a loss of Rs 209 crore for fourth quarter.

5 May 2017 8:28 PM IST

Representational Image

india's economic recovery to pick up pace

The consumption recovery should take hold from the second quarter of this year.

5 May 2017 6:28 PM IST

Representational Image

Air Asia X to rollout new flight between Mumbai and Bali

The new daily air service between the two cities, which will commence operations from May 19.

5 May 2017 6:17 PM IST