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At the end of the five-day auction, nearly 60 per cent of the spectrum had remained unsold.

Telcos under stress, can default on loans: Banks tell panel

The letter had noted that the total EBITDA in the sector on an annualised basis is Rs 65,000 crore.

15 Jun 2017 9:37 AM IST

As per new IMF projections, Indias growth in 2016 is now estimated to be 6.6 per cent as against 7.6 per cent earlier. (Photo: AFP)

IMF raises China growth forecast, urges faster reforms

IMF expects China to expand by 6.7 per cent this year, faster than its previous estimate of 6.6 per cent.

14 Jun 2017 5:02 PM IST

Economist Sanjeev Sanyal.

Resolution of Indian banks' bad loans primary focus of govt: Sanyal

Sanyal's comments came a day after the RBI revealed that it had identified 12 of the largest loan defaulters.

14 Jun 2017 11:34 AM IST

About 700 farmers have committed suicide in the drought-hit Vidarbha and Marathwada region. (Photo: AFP)

65 pc of 9.50 trillion agri debt may be potentially waived: Nomura

Debt waiver in the near term leads to relief in agri NPAs for banks in that state.

14 Jun 2017 9:42 AM IST

The finance ministry said that the bill is far more depositor-friendly than in many other countries which provide for statutory bail-in without consent of creditors and depositors.

Banks lost nearly Rs 17,000 cr to frauds last fiscal: Finance Ministry

RBI has advised banks from time to time to enhance security arrangements at their branches and ATMS.

22 Dec 2017 4:39 PM IST

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

IDBI Bank sets up dept to manage bad loans

IDBI Bank's annual loss for 2016-17 widened to Rs 5,158 crore, as against Rs 3,665 crore in the previous fiscal.

8 Jun 2017 5:52 PM IST

There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

RBI warns of more NPA pain, sees bad loans topping 10 per cent by...

Net non-performing advances (NNPA) ratio marginally increased to 5.5 per cent in March 2017.

30 Jun 2017 7:39 PM IST

Reliance Industries Limited

RIL refinances USD 2.3 bn loans to cut interest cost

Company had a gross debt of Rs 1,96,601 crore as on March 31.

28 Jun 2017 4:23 PM IST

The 19 products include semi-finished products of iron or non-alloyed steel, flat-rolled products of different widths, bars and rods.

'Waiver for special grade steel procurement only after review'

Domestically manufactured iron and steel products valued at Rs 50 crore or more in government procurement.

28 Jun 2017 9:45 AM IST

In 2015-16, MTNL reported a total annual revenue of Rs 3,197.41 crore and net loss of Rs 2,005.72 crore.

Will repay Rs 125 cr debt to PSU bank by June-end: MTNL CMD

MTNL has also sought government aid for its high employee cost - a tab of Rs 2,800 crore.

26 Jun 2017 5:05 PM IST

Governments two-pronged policy is to control the input costs and assure minimum support price to farmers.

Govt wants 'freedom from debt' for farmers: Patil

Freedom from debt' scheme will cost Rs 10,000 crore instead of Rs 30,000 crore needed for loan-waiver.

19 April 2017 3:26 PM IST

India, which is worlds second-biggest wheat producer, is looking to hinder wheat imports at a time when farmers are harvesting their crops.

Farm loan write-offs may hurt India's economy

India's total public sector debt, as a share of gross domestic product, stands at around 66 per cent.

19 April 2017 12:39 PM IST