Banking
SC extends relief on NPAs; govt says interest issue being considered at highest level
NE LEGAL BUREAU NEW DELHI, SEPT 10 The Supreme Court on Thursday extended its interim order that no account is...
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Nabard to disburse Rs 1.20 lakh cr crop loan this fiscal
NE BUSINESS BUREAU NEW DELHI, SEPT 10 In a bid to support agri sector amid COVID-19 crisis, National Bank for...
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Two-thirds of Crisil-rated companies eligible for one-time loan recast
NE BUSINESS BUREAU MUMBAI, SEPT 10 Domestic rating agency Crisil on Thursday said close to two-thirds of its rated entities...
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SBI raises Rs. 4,000 cr via AT1 bonds at a coupon of 7.74%
NE BUSINESS BUREAU MUMBAI, SEP 9 Country’s largest lender, State Bank of India (SBI), sold Rs. 4,000 crores of the...
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Banks catalysts of economic revival, says FM
NE BUSINESS BUREAU MUMBAI, SEPT 9 Finance Minister Nirmala Sitharaman on Wednesday said banks are going to be the catalysts...
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Disincentivising good borrowers is “unacceptable,” says TN CM on RBI decision
NE NEWS SERVICE CHENNAI, SEP 8 The Tamil Nadu government on Tuesday opposed a provision in the recent Master Directions...
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Money laundering case: Deepak Kochhar in ED custody till Sep 19
NE NEWS SERVICE MUMBAI, SEP 8 A Mumbai court on Tuesday remanded Deepak Kochhar, husband of former ICICI Bank CEO...
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UK court rejects plea seeking partial reporting ban in Nirav Modi case
NE NEWS BUREAU LONDON, SEP 7 A UK judge, presiding over fugitive diamantaire Nirav Modi's extradition case over the estimated...
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Loan restructuring: RBI broadly accepts Kamath panel recommendations; specifies parameters
NE BUSINESS BUREAU MUMBAI, SEPT 7 The Reserve Bank of India (RBI) on Monday specified five financial ratios and sector-specific...
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ED arrests Chanda Kochhar’s husband in money laundering case
NE BUSINESS BUREAU MUMBAI, SEPT 7 The Enforcement Directorate (ED) has arrested Deepak Kochhar, husband of former ICICI Bank CEO...
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