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Bandhan Bank CEO and MD Chandra Shekhar Ghosh.

Bandhan Bank appoints 5 merchant bankers for IPO

The bank had posted Rs 1,111.95 crore net profit for the 2017-18.

12 Sep 2017 11:37 AM GMT

Rural banking has been a great hurdle race ever since the government nationalised major commercial banks and mandated them to focus their thrust on villages.

The major challenges for rural banking

This is however not to obscure the cutting-edge role the public banks have played in financial inclusion.

1 April 2018 6:53 PM GMT

CM Devendra Fadnavis chairing the meeting with bankers in the city on Monday.

Approve loans for youth enterprises: CM Devendra Fadnavis

The IT department is establishing the web portal for the fees reimbursement and scholarship scheme.

30 July 2018 8:45 PM GMT

The state consumer commission had held Jet Airways responsible for causing losses to a passenger.

Jet Airways, bankers to meet airline's vendors to discuss debt plan:...

Jet Airways is close to reaching a deal with State Bank of India for a fresh loan of 15 billion rupees.

5 Jan 2019 5:07 AM GMT

Banning of letters of undertaking (LoUs) and letters of comfort (LoCs) by the RBI as trade finance instruments is likely to reduce financial flexibility of importers, a Fitch group company said on Wednesday.

Despite second RBI action, bankers non-committal to cut rates

The downward revisions in GDP and inflation projections reveal the near-term global headwinds, says SBI chairman.

5 April 2019 3:10 AM GMT

Essar Steel: ArcelorMittal drags bankers' rejection to NCLT

The bankers had met on March 23 in Mumbai and had rejected ArcelorMittal's bid along with that of Numetal.

26 March 2018 11:51 AM GMT

The commerce ministry has circulated a draft cabinet note seeking views of different departments on the proposed industrial policy that aims to promote emerging sectors, Union minister Suresh Prabhu said.

Prabhu to discuss credit woes of jewellery sector with bankers

The country's gems and jewellery exports contracted by 8 per cent to about USD 32.72 billion in 2017-18.

10 May 2018 10:22 AM GMT

Govt is looking to raise funds for the loan waiver.

State government increases crop loan disbursement target

The meeting of the state level bankers' committee (SLBC) on Thursday, organised by the cooperative department, will be...

10 May 2018 12:03 AM GMT

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

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 8:12 AM GMT

Raghuram Rajan blames 'over optimistic bankers' for mounting bad loans

A larger number of bad loans were originated in the period 2006-2008 when economic growth was strong.

11 Sep 2018 4:51 AM GMT

The Enforcement Directorate has carried out massive raids in 50 branches of 10 banks across the nation. (Photo: PTI/Representational)

Bankers review progress of 12 large NPA accounts under IBC

IAC has referred all accounts whose fund and non-fund based loans are greater than Rs 5,000 crore.

8 Aug 2017 3:49 AM GMT

Investments would create opportunities for both domestics and foreign companies to supply equipment and services profitably in this massive infra-modernisation plans.

NIIF, bankers may meet this week to discuss stalled projects

Centre will invest Rs 20,000 cr in the NIIF and the remaining will come from private domestic and foreign investors.

29 May 2017 9:32 AM GMT