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  Business   Economy  26 Aug 2018

Business, Economy, 26 Aug 2018

Big willful defaulters' dues to PNB drop to Rs 15,175 crore in July

The bank made a recovery from bad loans to the tune of Rs 7,700 crore in the first quarter ended June.

26 Aug 2018 4:29 PM

Public sector banks plan closure of 70 overseas offices this fiscal

Public sector banks closed down 35 foreign operations last year.

26 Aug 2018 1:49 PM

Bankers burning midnight oil to resolve Rs 3.8 tn NPAs before deadline

The circular came into effect on March 1 and the 180-day deadline concludes on August 27.

26 Aug 2018 1:42 PM

'Worst for rupee seems to be over; likely range 67-68 per USD by Dec'

The rupee has suffered significant losses this year.

26 Aug 2018 1:35 PM

Switch to chip-based debit cards by December 31: SBI to customers

The Reserve Bank on India had asked banks to issue only chip-based and PIN enabled debit and credit cards.

26 Aug 2018 1:29 PM


Rupee fall no macro worry, was long overdue, says Panagariya

Rupee depreciation was long overdue, saying appreciated currency had hurt the country's exports.

26 Aug 2018 1:07 PM