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  Business   Economy  13 Feb 2018

Business, Economy, 13 Feb 2018

Lead by PSBs, NPAs soar 34.5 pc in Q3; pain to linger on: report

PSBs had a weaker performance on various indicators, including key parameter of NPAs and also profitability.

13 Feb 2018 5:26 PM

RBI's new norms to speed up resolution of stressed assets

Gross NPAs of public sector and private sector banks as on Sept 30, 2017 were Rs 7,33,974 cr, Rs 1,02,808 cr respectively.

13 Feb 2018 4:33 PM

GST mop up could top Rs 1 trillion a month post anti-evasion steps

Government has budgeted about Rs 7.44 lakh crore from GST in the 2018-19 fiscal beginning April 1.

13 Feb 2018 3:42 PM

RBI may cut rates by 25 bps in August: report

RBI kept key policy rate unchanged at 6 pc for third consecutive time on Feb 7 in view of firming inflation.

13 Feb 2018 12:03 PM

RBI sets 180-day timeline for banks to settle bad loans

In 2017, the RBI ordered banks to force roughly 40 of the biggest corporate loan defaulters into bankruptcy proceedings.

13 Feb 2018 8:27 AM