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German car major Volkswagen (VW) today said it has appointed Bishwajeet Samal as marketing head for India operations with effect from June this year.

Volkswagen eyes IT, banking professionals in India to drive sales

Program offers benefits on purchase, servicing of the vehicle, accessories as well as loyalty benefits.

9 April 2018 2:24 PM IST

The President said that under MUDRA scheme, about 117 million loans have been sanctioned and close to 88 million of them have gone to women entrepreneurs.

Honest citizens bear burden of bank defaults: President Kovind

The amount involved in such defaults for PSBs is reported to be Rs 1,10,050 crore.

5 April 2018 2:00 PM IST

Banks stare at $38bn new NPAs

Banks stare at $38bn new NPAs

Report says $53bn out of $178bn loans to the power sector are already stressed.

5 April 2018 4:51 AM IST

ICICI Bank spokesperson said it has installed state-of-the-art note sorting machines that check the quality of millions of notes every day.

ICICI Bank shares tumble on probe reports, RBI fine

Shares of ICICI Bank, India's third-largest lender, plunged 7 per cent to a five-month low.

2 April 2018 11:43 AM IST

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

RBI has broad powers to address banking issues'

Powers of RBI are wide-ranging and comprehensive to deal with various situations that may emerge in all banks.

25 July 2018 8:46 AM IST

Chief Economic Advisor Arvind Subramanian

Arvind Subramanian to brief par panel on mounting NPAs today

Banking sector is grappling with rising NPAs, which touched Rs 8.99 lakh cr of total advances at Dec-end 2017.

11 July 2018 10:10 AM IST

Employees of public sector banks have threatened to go on two-day nation-wide strike from May 30.

India bankers panel suggests steps to tackle bad loans

The bad loans problem, driven largely by infrastructure sectors including power.

3 July 2018 9:16 AM IST

The finance ministry is considering writing to markets regulator Sebi seeking relaxation for certain state-owned firms from meeting the minimum 25 per cent public shareholding norm.

Sebi tightens norms for listed banks on bad loan disclosures

The decision has been take in consultation with the RBI, the Sebi said in a circular.

31 Oct 2019 5:43 PM IST

Analysts hold a positive view on banks that are getting out of the corporate NPL cycle as compared to banks that focused more on the retail cycle in the past few years.

Some 300,000 employees of Indian state-led banks strike against...

Government may call it a merger but in reality it is cold-blooded murder of six banks, a release by the bank unions...

23 Oct 2019 9:05 AM IST

Shiv Sena and MNS have always stressed on the of use Marathi as a official language in all central government offices, nationalised banks, railways, airport, etc.

Banking services affected partially due to strike call by two unions

Public sectors bank branches in urban areas of the country are, however, operational as officers these banks are not...

22 Oct 2019 11:26 AM IST

Defending the banks in this issue, a senior official, however, claimed that the quick mortality rate on Mudra loans has come down drastically after strict norms issued by the RBI and the ministry of finance.(Representational image)

Over Rs 81,700 cr disbursed by banks during 9-day loan mela: FinMin

FM said that banks have been asked to provide bill discounting facility to the MSME sector against payments due from the...

14 Oct 2019 2:45 PM IST

RBI Governor C Rangarajan

Not through bonds, only cash, says Rangarajan on banks...

The centre has infused Rs 2 lakh crore as capital into various banks during the past three years.

29 Nov 2019 3:27 PM IST