The deal is expected to provide business synergies despite the lender's stressed balance sheet.
27 Jun 2018 1:06 PM
The recent tight prudential norms released by RBI on February 12 have added to the NPA woes.
15 Jun 2018 5:15 PM
Indian banks have made progress in addressing stock of NPAs and were taking further measures to deal with flow problem.
08 Jun 2018 9:59 AM
Goyal was earlier this week given temporary charge of the finance ministry until Arun Jaitley recovers.
17 May 2018 2:03 PM
Privatisation of public sector banks (PSBs) given the current socio-economic conditions in the country.
19 Apr 2018 3:32 PM
Gitanjali Gems group have turned bad during the quarter ended March 31.
15 Apr 2018 1:41 PM
Axis Bank's gross non-performing asset ratio of 6 per cent is similar to ICICI Bank's 8 per cent.
12 Apr 2018 11:52 AM
Banks have also raised more than Rs 10,000 crore so far and will raise more in the coming months from the market.
11 Apr 2018 9:13 AM
Program offers benefits on purchase, servicing of the vehicle, accessories as well as loyalty benefits.
09 Apr 2018 2:24 PM
The amount involved in such defaults for PSBs is reported to be Rs 1,10,050 crore.
05 Apr 2018 2:00 PM
Report says $53bn out of $178bn loans to the power sector are already stressed.
05 Apr 2018 4:51 AM
Shares of ICICI Bank, India’s third-largest lender, plunged 7 per cent to a five-month low.
02 Apr 2018 11:43 AM
The top four IPOs, all in the insurance sector, accounted for 55 per cent of overall IPO equity raised.
28 Mar 2018 11:30 AM
In the broader market, the BSE benchmark index ended at 33,174.39, up 107.98 points.
27 Mar 2018 5:57 PM
Government can use both PSU and private sector banks as the agents of change.
27 Mar 2018 1:24 PM
Demonetisation and GST implementation hurdles and continuing global recovery provide the stimuli to the country's trade and GDP growth
21 Mar 2018 5:29 PM
RBI has issued a Prompt Corrective Action (PCA) framework to maintain sound financial health of banks.
17 Mar 2018 1:14 PM
Passport details will help banks to take timely action and inform relevant authorities to prevent fraudsters from fleeing country.
10 Mar 2018 12:29 PM
The highest amount of gross NPAs was for country's largest lender SBI at Rs 2,01,560 crore.
10 Mar 2018 11:56 AM
The new framework's overall focus is on recognising and quickly resolving bad loans.
22 Feb 2018 3:27 PM