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Air India and its subsidiaries have nearly 20000 employees. Among them Air India has only 11,500 employees. Air India management has not offered their employees for voluntary buyouts, an Air India spokesperson said..

Now, Air India looks for Rs 1,500 crore short term loans

The embattled carrier has received around Rs 26,000 crore under the package so far.

20 Oct 2017 1:34 PM IST

IL&FS lawyer argued the company would face 70 to 80 legal suits across the country if the moratorium was not granted.

NCLAT stays proceedings against IL&FS, group companies

NCLT had turned down its plea for 90 days moratorium over the loans taken by the IL&FS and its subsidiaries.

15 Oct 2018 12:59 PM IST

Domestic investors were reluctant to expand their portfolios ahead of the RBIs monetary policy review, brokers said.

RBI decision to extend timeline for banks to meet capital norms...

The RBI board decided to retain the capital adequacy requirement for banks at 9 per cent.

20 Nov 2018 12:08 PM IST

The Nirav Modi fraud-hit Punjab National Bank (PNB) led the pack with the largest amount of NPAs worth Rs 86,620 crore during 2017-18.

PNB's overseas operations also under fraud cloud

Lender goes to the British HC against 5 Indians and an American who made off with Rs 271 crore in unpaid loans.

19 Nov 2018 10:28 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 sets 180-day timeline for banks to settle bad loans

In 2017, the RBI ordered banks to force roughly 40 of the biggest corporate loan defaulters into bankruptcy proceedings.

13 Feb 2018 8:27 AM IST

The Reserve Bank of India (RBI) late on Monday dropped Axis Bank from a list of banks it has cleared to import gold and silver in the current financial year that began April 1.

Axis Bank board clears higher borrowing limit of Rs 2 lakh cr

Axis Bank yesterday reported a loss of Rs 2,189 crore.

27 April 2018 5:07 PM IST

Agriculture is one of those sectors where we have seen no reforms, whether in terms of export-import policies or domestic constraints.

Govt meets Rs 10 lakh cr credit disbursal target for FY18

Agriculture credit is growing every year and reached Rs 10 lakh crore last fiscal.

24 April 2018 3:30 PM IST

Being able to quickly get out of debt not only means that you stick to your repayment plan but also that you be smart about your savings.

How to smartly and quickly get out of debt

If you want to get out of debt, it requires financial discipline and proper planning.

18 April 2018 2:26 AM IST

Cellphones have the power to perform complicated analyses, handle image processing, take high-quality images, and are ubiquitous in Zika-afflicted countries.

Short of Money at month end? these fintech platforms can offer short...

Short term loans can be a good solution to help overcome temporary cash flow or expenditure issues.

21 July 2018 12:54 PM IST

Saudi Aramco will take full ownership and integrate the refinery into its growing downstream portfolio.

Saudi Arabia plans bumper Aramco IPO, relying on easy loans and rich...

The IPO will be a gift from the government to the Saudi people and they will want as many of them as possible to take...

18 Oct 2019 9:09 AM IST

Global ratings agency Fitch on Monday said it is doubtful about the strength of corporate governance at ICICI Bank, amid allegations of impropriety against its MD and Chief Executive Officer Chanda Kochhar.

ICICI Bank, Small Business FinCredit join hands to provide loans to...

The partnership has been forged under the aegis of RBI's circular dated September 21, 2018.

4 Jan 2019 2:39 PM IST

Finance Minister Arun Jaitley clarified confusions posed due to allegations on the Rafale aircraft deal saying the government has maintained complete transparency in the matter and the negotiations have helped bring down the costs of the fighter jets. (Photo: ANI)

You don't get away by not paying back to banks: Jaitley

Reforms in the banking sector are necessary to make public sector banks compete with private banks, says FM

28 Feb 2019 5:38 PM IST