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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)

PSBs identified 54 intl operations for rationalisation by mid-Jan:...

s on January 31, 2018, PSBs had about 165 overseas branches, besides subsidiaries, joint ventures and representative...

8 Feb 2019 4:25 PM IST

Fitch, however, expects GDP growth to pick up in the next two years on back of gradual implementation of the structural reform agenda and higher real disposable income. (Photo: File)

Auto loans likely to face downside risks on weak CV demand

country's GDP to slow down to 7 percent in FY20, may limit demand for commercial vehicles: FITCH Ratings

8 Feb 2019 4:22 PM IST

Sensex climbed 122 points to finish the day on high

Sensex plunges 424 points; Tata Motors crashes 17 per cent

The 30-share BSE Sensex ended 424.61 points, or 1.15 per cent, lower at 36,546.48

8 Feb 2019 4:13 PM IST

Economic Affairs Secretary Shaktikanta Das

India's banks unlikely to match RBI's rate cut any time soon

A move of that size would have a negligible impact in boosting credit, or in reducing refinancing costs.

8 Feb 2019 3:48 PM IST

Gold prices went down by Rs 200 to Rs 31,350 per ten grams at the bullion market on Friday.

Gold flat; silver slides on weak demand

Gold prices fell slightly by Rs 5 on weak demand, but a firm global trend overseas capped the fall

8 Feb 2019 3:26 PM IST

Total income of the bank also came down to Rs 3,585.56 crore during October-December period of 2018-19, as against Rs 3,721.93 crore in same quarter of 2017-18, the bank said in a regulatory filing. (Photo: Facebook)

UCO Bank Q3 net loss at Rs 998 cr as bad loans balloon

UCO bank had posted a net loss of Rs 1,016.43 crore in the same quarter of the previous fiscal.

8 Feb 2019 3:23 PM IST

Reliance Group Chairman, Anil Ambani (Photo: File)

Reliance Group says L&T Finance, Edelweiss Group caused share drop

Reliance Infrastructure Ltd and Reliance Power Ltd, and made open market sale of about 4 billion rupee during Feb 4-7.

8 Feb 2019 3:10 PM IST

New Tamil Nadu Chief Minister O Panneerselvam. (Photo: File)

Delay in release of GST share impinging TN finances: O Panneerselvam

The fiscal deficit as per the budget estimates of 2019-20 was expected to be at Rs 44,176.36 crore.

8 Feb 2019 2:33 PM IST

Any taxpayer who is in receipt of pension from his former employer shall be entitled to claim a deduction of Rs 40,000.

No new taxes in Tamil Nadu budget for 2019-20

The government proposed a revenue deficit estimated at around Rs 14,300 crore.

8 Feb 2019 2:16 PM IST

File photo of a Jet Airways flight.

Jet Airways grounds four aircraft after failing to pay lessors

Jet Airways Ltd has grounded four aircrafts after failing to make payments to lessors.

8 Feb 2019 1:58 PM IST

The state consumer commission had held Jet Airways responsible for causing losses to a passenger.

Jet Airways board meet on Feb 14 to approve Dec quarter results

Cash-starved Jet Airways has mopped up Rs 250 crore from advance sale of tickets to its customer loyalty programme Jet...

8 Feb 2019 1:56 PM IST

Jeff Bezos, founder and CEO of Amazon.com

Amazon CEO Jeff Bezos accuses Enquirer of blackmail' over intimate...

Bezos was in a relationship with former news anchor and entertainment reporter Lauren Sanchez having accessed private...

8 Feb 2019 1:52 PM IST