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State-owned Central Bank of India, one of the key shareholders of debt-ridden IL&FS Ltd, is unlikely to participate in the proposed Rs 4,500 crore rights issue of the company, according to sources.

Central Bank of India may not participate in rights issue of IL&FS

Central Bank of India had 7.67 per cent stake in IL&FS at the end of March 2018.

3 Oct 2018 2:23 PM GMT

Deepak Kulkarni

Central bank to auction DSK builder's Pune bunglow

The bungalow was also used for the promotional video of a housing project of DSK.

22 Feb 2018 1:48 AM GMT

Finance ministry said that the domestic investment of the private sector continued to be affected by the growing contamination of loans advanced in the past, which have now become unsustainable.

Finance ministry likely to infuse about Rs 10,000 cr in PSU banks

The sources said that capital infusion may take place this week itself or latest by next week.

17 July 2018 9:46 AM GMT

Centre could look at creating a scaffolding by distancing itself from management of banks through the creation of a Bank Holding Company which could assume the entire government stake in banks.

6 public sector banks cut lending rates by up to 0.25 per cent

With the reduction in their respective benchmark lending rates, home, auto and other loans have become cheaper.

10 Oct 2019 1:33 PM GMT

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)

Central Bank of India plans to raise Rs 5,000 cr this fiscal to meet...

As per the Basel III regulations, Central Bank said, it will be required to maintain minimum common equity tier I ratio...

9 Jun 2019 8:23 AM GMT

MNS backs bank officers on getting city postings

The MNS has decided to support local Marathi candidates and asked the bank to cancel postings outside of Mumbai.

3 Aug 2019 11:29 PM GMT

Similarly, a number of structural reforms have been taken in recent years which include demonetisation, implementation of the Goods and Services Tax (GST), banking policies etc. which will need time to yield results. The recent performance of some sectors has shown optimism.

Mid sized banks report higher Q2 net profit as asset quality improves

Fresh slippages were lower in the absence of lumpy corporate non-performing assets

7 Nov 2020 5:24 AM GMT

After defaulters flee India, SBI complains to CBI. (PTI Photo)

Rs 411 crore loan fraud: After defaulters flee India, SBI complains to...

Besides SBI, other members of consortium are Canara Bank, Union Bank of India, IDBI, Central Bank of India and...

10 May 2020 3:14 AM GMT

He has been booked under the Indian Penal Code for molestation and making vulgar calls, along with the relevant sections of the IT act. (Representational Image)

Bank manager seeks sexual favours to pass farm loan; booked

The branch manager had sought the woman's contact details for processing loan after which he called her and allegedly...

23 Jun 2018 3:12 AM GMT

(Photo: Twitter/@ANI)

Fire breaks out in basement of Ashoka Hotel in Delhi

Seven fire tenders were rushed to the spot and the blaze is now under control.

13 Aug 2018 10:56 AM GMT

Moodys has downgraded Chinas long-term rating by one notch from Aa3 to A1 as the Chinese government grapples with the challenges of rising financial risks stemming from years of credit-fueled stimulus.

Moody's rating downgrade 'unsolicited': Central Bank of India

Stock exchanges had sought clarity from the bank and few of its peers yesterday on the said news item.

27 July 2017 4:25 AM GMT

Moodys has downgraded Chinas long-term rating by one notch from Aa3 to A1 as the Chinese government grapples with the challenges of rising financial risks stemming from years of credit-fueled stimulus.

Moody's rates 9 banks; downgrades IOB, CBI

Moody's also downgraded IOB's Hong Kong branch's senior unsecured debt rating to Ba3 from Ba1.

24 July 2017 2:22 PM GMT