Banking
RBI projects 6.8 pc retail inflation in December quarter
NE BUSINESS BUREAU MUMBAI, DEC 4 The Reserve Bank of India on Friday said retail inflation is likely to remain...
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SC rejects Chanda Kochhar’s appeal against HC order dismissing her plea regarding termination
NE LEGAL BUREAU NEW DELHI, DEC 1 The Supreme Court has rejected the appeal filed by Chanda Kochhar against the...
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Indian Bank gets shareholders’ nod to set off accumulated loss with share premium account balance
NE BUSINESS BUREAU KOLKATTA, DEC 1 State-run Indian Bank, which carried an accumulated loss of Rs 18,975.53 crore due to...
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LVB Amalgates with DBS Bank India Limited
NE BUSINESS BUREAU MUMBAI, NOV 30 Lakshmi Vilas Bank (LVB) has now been amalgamated with DBS Bank India Limited (DBIL),...
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SC directs govt to implement its decision to forego interest on eight categories of loans
NE LEGAL BUREAU NEW DELHI, NOV 27 The Supreme Court on Friday directed the government to ensure that all steps...
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From 5 days to 5 hours: Making credit flow again in India during the pandemic
RAJAT AGARWAL When COVID-19 created a massive health crisis across India this year, it also triggered an unprecedented credit freeze....
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To promote digital payment, Paytm unveils 0% fee on unlimited wallet payments for merchants
NE BUSINESS BUREAU AHMEDABAD, NOV 27 To give thrust to digital payments, technology platform Paytm has announced that merchants can...
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Bombay HC refuses to stay merger of Lakshmi Vilas Bank, DBS
NE LEGAL BUREAU MUMBAI, NOV 26 The Bombay High Court on Thursday refused to stay Lakshmi Vilas Bank’s (LVB) merger...
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Proposal to allow business houses into banking a ‘good-looking’ step in ‘bad direction’: Kaushik Basu
NE NEWS SERVICE NEW DELHI, NOV 26 The RBI working group’s proposal to allow corporate houses to set up banks...
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Banking services to get affected as unions go on one-day strike
NE NEWS SERVICE MUMBAI, NOV 26 Banking services across the country are likely to get affected on Thursday as over...
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