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RBIs newly-appointed Deputy Governor and noted economist Viral Acharya

Public credit registry better for SMEs, not spl norms: Acharya

The poll-bound government has also been pitching for easing the prompt corrective action norms.

15 Dec 2018 2:36 PM IST

Kissht is an EMI payment and digital lending platform. With a variety of EMI payment options, Kissht aims at empowering online as well as offline Merchant stores and online ecommerce platforms to provide easy and quick EMI to customers who wish to purchase Mobiles, Laptops, Cameras, Furnitures, AC, Watches, Home & Kitchen Appliances, travel, health and education services and many more through easy EMI installments.

Kissht launches version 2.0

EMI payment and digital lending platform announced its 2.0 version.

15 Dec 2018 10:32 AM IST

The RBI has always said monetary policy should be accompanied by fiscal policy if the wheels of the economy are to be greased. (Photo: PTI)

RBI gets tough on MNC banks, asks them to create sub-targets to meet...

All bank loans to MSMEs will now qualify under PSL without any credit cap.

5 March 2018 11:52 AM IST

Manish Patel admitted to presenting a forged Indian passport to Border Patrol agents. (Photo: Representational/PTI)

PSBs asked to get passport details for loans of Rs 50 cr and above:...

In Oct 2017, govt announced recapitalisation of PSBs to tune of Rs 2.11 lakh cr over current and next financial year.

29 March 2018 12:00 PM IST

IDBI shares fell as much as 3.5 per cent to 73.6 rupees.

IDBI Bank discloses fraud of USD 119 million, shares fall

IDBI Bank fraudulent loans of 7.72 billion rupees were issued from 5 of its branches in Andhra Pradesh and Telangana.

28 March 2018 1:29 PM IST

The stock markets will be steered by RBI policy, macroeconomic data points and global trends this week, say experts.

Non-food credit growth up to 10.7 per cent for April: RBI

Priority sector loans growth slowed down to 5 per cent from the 5.7 per cent in the year-ago period.

1 Jun 2018 9:33 AM IST

Chanda Kochhar of ICICI Bank. (Photo: File)

ICICI Bank may file consent plea in Videocon loan case

Plea agreement means settlement of case without main hearing when the defendant agrees to plead guilty in exchange.

8 Jun 2018 9:02 AM IST

Disinvestment-bound Air India has approached aviation regulator DGCA for renewal of its flying permit, expiring in June.

Ailing carrier Air India seeks 10 billion-rupee short-term loan

The search for a loan comes a week after the government failed to attract bidders for a stake in the airline.

8 Jun 2018 8:45 AM IST

The Supreme Courts order on the SC/ST Act, that no arrests can be made under it without a prior probe, led to protests across the country. (Representational image)

Supreme Court refuses RBI plea in power loan case

Government recommended extension of the RBI circular deadline by another 180 days.

8 Aug 2018 8:42 AM IST

Almost 81 lakh farmers enrolled for the scheme in 2017 and nearly Rs 3,400 crore was transferred to the insurance companies.

Only 29 per cent farmers aware of details of PMFBY

The PMFBY, launched in 2016, is the most important tool today to insure agriculture against climate and other risks.

21 Aug 2018 8:39 AM IST

Railway Minister Piyush Goyal.

UPA govt gave loans blindly, weakened banking sector: Piyush Goyal

The bank losses increased from Rs 18,000 crore to Rs 53,000 crore in UPA years, Piyush Goyal alleged.

13 Sept 2018 11:54 AM IST

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

Small finance banks lose market share in micro lending

Share of SFBs in the total micro finance market has dropped to 20 per cent in Q1FY19 against 27 per cent in Q1FY18.

27 Sept 2018 8:39 AM IST