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The agenda going forward is clear: The banks have to regain the confidence of investors so that they can raise funds from the capital markets and not be dependent on government. (Representational image)Business
'Banks need Rs 20 trillion deposits for credit growth, may up rates'

Credit to deposit ratio will jump to 78 per cent by the end of FY19 from the 73 per cent levels in March 2017.

6 Feb 2019 3:33 PM IST

Jet Airways did not commission the creative being shared on social media platforms, in context of a recent event concerning another domestic airline, the statement said. (Photo: AFP/File)Business
Jet Airways chairman Naresh Goyal steps down as banks move in with...

Banks have moved in to take a majority stake in the airline after Jet failed to convince potential investors.

26 March 2019 11:38 AM IST

Jet Airways did not commission the creative being shared on social media platforms, in context of a recent event concerning another domestic airline, the statement said. (Photo: AFP/File)Business
Government asked banks to save Jet, avoid bankruptcy: sources

jet airways saddled with more than 1 billion dollars of debt.

19 March 2019 2:45 PM IST

The needless controversy between the government and the RBI is a direct consequence of economists without any practical experience in administering policies at a high level being inducted to executive positions.Business
RBI slaps penalties on 36 major banks for non-compliance in SWIFT...

Reserve Bank of India has imposed penalties worth Rs 71 crore on 36 public, private and foreign banks.

9 March 2019 10:51 AM IST

The needless controversy between the government and the RBI is a direct consequence of economists without any practical experience in administering policies at a high level being inducted to executive positions.Business
RBI imposes Rs 8 crore fine on 3 banks for non-compliance in Swift...

RBI levied an aggregate penalty of Rs 40 million on the bank for delayed implementation of four of the Swift related...

5 March 2019 9:35 AM IST

Jet Airways has said that the flights were cancelled over an \unforeseen operational circumstance\ and not because of the protest by pilots. (Photo: Twitter | @jetairways)Business
Jet Airways faces imminent shutdown without emergency funds: sources

Bankers and an Indian govt official said lenders are trying to line up funds to keep aloft the once-dominant Indian...

17 April 2019 9:53 AM IST

RBI has moved the NCLAT seeking modification of its order that restrained banks from declaring accounts of IL&FS and its group companies as NPAs.Business
Banks have to mark IL&FS accounts as NPAs after default: RBI to NCLAT

NCLAT also took on record the information provided by IL&FS about the four amber listed group companies.

17 April 2019 8:53 AM IST

The needless controversy between the government and the RBI is a direct consequence of economists without any practical experience in administering policies at a high level being inducted to executive positions.Business
RBI issues norms for banks to set up currency chests

The new chests should have a processing capacity of 6.6 lakh pieces of banknotes per day.

9 April 2019 9:22 AM IST

Through the program, Infosys Finacle identifies promising FinTech solutions from across the world and co-innovates with them to help accelerate innovations for banks.Business
Lemnisk partners with Infosys Finacle to co-innovate on digital...

Finacle FinTech Connect is an ecosystem innovation initiative that brings together banks, FinTechs, and Finacle.

8 May 2019 12:03 PM IST

Mukesh AmbaniBusiness
RIL to raise USD 1.85 billion from offshore lenders to meet its needs

RIL has been inquired by the ministry to provide details of funding, operations and revenues.

25 Jun 2019 1:35 PM IST

The needless controversy between the government and the RBI is a direct consequence of economists without any practical experience in administering policies at a high level being inducted to executive positions.Business
RBI launches CMS for filing online complaints against banks, NBFCs

The RBI also plans to introduce a dedicated Interactive Voice Response (IVR) system for tracking the status of...

24 Jun 2019 8:37 PM IST

Between 2000 and 2016, British FDI created 371,000 jobs 10 per cent of all jobs created by FDI.Business
Govt asks banks, PSUs to review staff's service records to weed out...

Earlier this month, 12 officers of Indian Revenue Service (Income Tax) were also dismissed from service.

21 Jun 2019 2:58 PM IST

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