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The platform has reduced the turnaround time from 20-25 days to 59 minutes. (Photo: Twitter)

PSBloansin59minutes.com becomes largest fintech loan platform;...

The portal was launched in November to provide credit of up to Rs 1 crore to micro, small and medium enterprises within...

3 March 2019 12:37 PM IST

Customers outside the Bank of Baroda branch at Juinagar, which did not have any CCTV.

Bank of Baroda becomes second largest PSU bank after SBI

BoB completed share allotment to shareholders Dena Bank and Vijaya Bank as per the scheme of amalgamation.

1 April 2019 12:49 PM IST

Between 2000 and 2016, British FDI created 371,000 jobs 10 per cent of all jobs created by FDI.

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

Prime Minister Narendra Modi (Representional Image)

Modi readying to sell off weak PSU banks to fund rural homes

India's central bank and the govt is in the midst of cleaning up a banking system saddled with the world's worst NPA...

18 Jun 2019 3:28 PM IST

The finance ministry said that the bill is far more depositor-friendly than in many other countries which provide for statutory bail-in without consent of creditors and depositors.

Finance Ministry seeks consultants for sale of PSU land, buildings

The government is targeting to raise Rs 90,000 crore through CPSE disinvestment in current financial year.

10 Jun 2019 6:08 PM IST

The missile can target aircrafts flying at 18 km altitude and has a range of 30 km, a Defence Ministry statement said. (Photo: ANI)

Expect Rs 25,000-crore order book by 2024: Defence PSU

Barring one export order, all others came from the Indian defence forces, said Bharat Dynamics Ltd CMD Siddharth Mishra.

16 July 2019 6:26 PM IST

The new Air-Purifying inverter air conditioners are available at all retail outlets from a starting price of Rs 39,000 to Rs 72,000.

Power minister asks central govt depts to run ACs at 24 deg Celsius to...

Buildings, Power Minister R K Singh said, consumes over 30 per cent of the total electricity consumed in India.

11 July 2019 7:34 PM IST

The government will meet the 3.5% fiscal deficit target for FY18 as broadly direct and indirect collections are in line with expectations and there have been some savings on expenditure, Hasmukh Adhia said.

India aims to cut stake in state-run firms to minimum in FY20: Source

Government seeks to shore up 1.05 trillion rupees (USD 15.30 billion) through stake sales in the current fiscal year.

8 July 2019 12:21 PM IST

Ajay Tyagi who is a 1984 batch IAS officer assumed office of Sebi chair on March 1, 2017. (Photo: PTI).

Need to examine various issues on 35 pc minimum public shareholding...

Currently, listed companies should have at least 25 per cent public shareholding.

21 Aug 2019 8:07 PM IST

To retain its market leadership status, the priority of the CIL would be to sell coal at a lower price than the private players.

Govt begins process to auction 27 coal mines

Govt said it is auctioning 21 coal mines for end-use non-regulated sectors and six coking coal mines for end-use iron...

6 Aug 2019 9:52 AM IST

A representative image of a Public Sector Undertaking or PSU. (Photo: PTI)

Govt to appoint global consultant to sell surplus land of PSUs

The government is at present on the look-out to tap newer sources of revenue as it tries to address the country's...

26 Sept 2019 10:12 PM IST

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.

Mudra loans a big scandal in banking system

The managers used a part of the 60 per cent amount to repay the Mudra loan for a year and pocketed the rest.

27 Aug 2018 8:38 AM IST