Fri, May 25 2018. 04 26 PM IST
ED has booked M/S ABC Cotspin Pvt. Ltd and its director Ashish Sureshbhai Jobanputra under PMLA for duping SBI and Bank of Baroda using letters of credit for imports that never happened
Fri, May 25 2018. 02 44 PM IST
13 PSU banks have reported combined losses of $8.6 billion in FY18 —including $6.5 billion in Q4—and their NPAs have surged nearly a fifth from end-December levels
Fri, May 25 2018. 10 02 AM IST
Roiled by frauds and surging NPAs, India’s state-run banks have returned the least to investors. However, its newest lenders offer the best returns and a clutch of private Indian banks are among the world’s most expensive
Thu, May 24 2018. 11 50 PM IST
NCLAT, without passing a formal order to the effect, observed that prima facie NCLT had exceeded its jurisdiction by adjudicating upon the legality of a legal instrument
Thu, May 24 2018. 05 15 PM IST
Employees, officers of various state-run banks have called for a 2-day nationwide strike from 30 May to protest a nominal 2% wage hike offered by the Indian Banks’ Association
Thu, May 24 2018. 08 46 AM IST
Banks are also looking at other ways of raising capital, including sale of non-core assets, says Rajiv Kumar
Wed, May 23 2018. 03 23 PM IST
Interest earned on fixed deposits, or FD, is taxable based on your income slab rate. Hence, do factor in tax before investing
Wed, May 23 2018. 01 06 PM IST
SBI shares rise more than 6% to a 12-week high after the bank projects a recovery over the next two years following a record quarterly loss
Wed, May 23 2018. 09 24 AM IST
BSE Sensex closed 306.33 points lower at 34,344.91, while the Nifty 50 ended 106.35 points down at 10,430.35. Here are the highlights from the markets
Wed, May 23 2018. 09 13 AM IST
In other news, Reliance Industrial Investments and Holdings will give Rs12.2 crore loan amount to Reliance Jio Infocomm to set up a unit in Estonia
