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The Reserve Bank last month put IDBI Bank under watch by initiating Prompt Corrective Action against it.

Delhi HC dismisses appeal against LIC move to acquire 51 pc stake in...

LIC to pay back its policy holders since it will have to invest an amount of Rs 13,000 crores to acquire the 51 per cent...

21 Dec 2018 11:59 AM IST

The BSE Sensex on Friday soared to life-time high of 33,270.62 and the NSE Nifty scaled another record high of 10.366.15 in opening trade. Photo: AP

Sensex cracks over 400 points, Nifty drops below 10,900

The 30-share Sensex was trading 372.44 points, or 1.02 per cent, lower at 36,059.23.

21 Dec 2018 11:47 AM IST

Market indices opened sharply higher on Thursday, with the Sensex rising 383.96 points to 33,403.03 and the Nifty gaining 124.10 points at 10,252.50.

Sensex, Nifty turn choppy on weak global cues

The 30-share Sensex was trading 14.82 points, or 0.04 per cent, higher at 36,416.85.

21 Dec 2018 10:21 AM IST

On Tuesday, the Indian rupee closed the session on a flat note at 69.83 a dollar.

Rupee slips 37 paise against US dollar in early trade

The rupee opened lower at 69.93 against the dollar and dropped further to quote at 70.07.

21 Dec 2018 10:14 AM IST

Finance ministry increases bank recap fund by Rs 35,000cr

This would enable infusion of over Rs 83,000 crore in the next few months in Public Sector Banks (PSBs), said a finance...

21 Dec 2018 1:02 AM IST

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)

State banks recover USD 8.69 billion of bad loans in April-September

Banks have raised 244.4 billion rupees from the market this fiscal year.

20 Dec 2018 5:45 PM IST

Finance minister Arun Jaitley speaks during a press conference in New Delhi. (Photo: PTI)

Govt to infuse Rs 83,000 cr in PSBs in next few months: Jaitley

The total recapitalisation in the current fiscal from Rs 65,000 crore to Rs 1.06 lakh crore.

20 Dec 2018 4:45 PM IST

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

Markets take a breather; global stocks slide on Fed rate hike

The broader NSE Nifty slipped 15.60 points, or 0.14 per cent, to 10,951.70.

20 Dec 2018 4:21 PM IST

Shares of IL&FS Investment Managers were trading 3.94 per cent lower at Rs 6.59 apiece on BSE.

NCLAT to hear plea over moratorium on dues recovery from IL&FS on Jan...

The appellate tribunal has asked all parties including lenders to file their written submissions before it.

20 Dec 2018 4:07 PM IST

London firefighters combed through the burned-out public housing tower Thursday in a grim search for missing people as police and the prime minister launched investigations into the deadly inferno, with pressure building on officials to explain the disaster and assure that similar buildings around the country are safe. (Photo: AP)

Capri global Housing Finance aims to cross Rs 7,000 crore by 2023

Affordable Housing to be key catalyst for CGCL growth in next four year.

20 Dec 2018 4:01 PM IST

Hyundai sells several low-priced vehicles in India, which could pose a challenge in terms of market positioning for Kia.

Hyundai to hike vehicle prices by up to Rs 30,000

The new prices will be effective from January across all models.

20 Dec 2018 3:29 PM IST

Gold bars worth Rs 1.67 crore

Gold rallies on firm global cues, jewellers' buying

Gold is trading at Rs 32,000 per 10 gm following a firm trend overseas amid fresh buying by local jewellers.

20 Dec 2018 2:44 PM IST