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Banks catalysts of economic revival, says FM
Banking / Business

Banks catalysts of economic revival, says FM

September 9, 2020

NE BUSINESS BUREAU MUMBAI, SEPT 9 Finance Minister Nirmala Sitharaman on Wednesday said banks are going to be […]

Disincentivising good borrowers is “unacceptable,” says TN CM on RBI decision
Banking / Breaking News / Business / chennai / Tamil Nadu

Disincentivising good borrowers is “unacceptable,” says TN CM on RBI decision

September 8, 2020

NE NEWS SERVICE CHENNAI, SEP 8 The Tamil Nadu government on Tuesday opposed a provision in the recent […]

Money laundering case: Deepak Kochhar in ED custody till Sep 19
Banking / Breaking News / Maharashtra / Mumbai / National

Money laundering case: Deepak Kochhar in ED custody till Sep 19

September 8, 2020September 8, 2020

NE NEWS SERVICE MUMBAI, SEP 8 A Mumbai court on Tuesday remanded Deepak Kochhar, husband of former ICICI […]

UK court rejects plea seeking partial reporting ban in Nirav Modi case
Banking / Britain / Legal / National / World

UK court rejects plea seeking partial reporting ban in Nirav Modi case

September 7, 2020

NE NEWS BUREAU LONDON, SEP 7 A UK judge, presiding over fugitive diamantaire Nirav Modi’s extradition case over […]

Loan restructuring: RBI broadly accepts Kamath panel recommendations; specifies parameters
Banking / Business / COVID-19

Loan restructuring: RBI broadly accepts Kamath panel recommendations; specifies parameters

September 7, 2020

NE BUSINESS BUREAU MUMBAI, SEPT 7 The Reserve Bank of India (RBI) on Monday specified five financial ratios […]

ED arrests Chanda Kochhar’s husband in money laundering case
Banking / Business / Legal

ED arrests Chanda Kochhar’s husband in money laundering case

September 7, 2020

NE BUSINESS BUREAU MUMBAI, SEPT 7 The Enforcement Directorate (ED) has arrested Deepak Kochhar, husband of former ICICI […]

Plan to recruit 14k staff this year; VRS not cost-cutting exercise, says SBI
Banking / Business

Plan to recruit 14k staff this year; VRS not cost-cutting exercise, says SBI

September 7, 2020

NE BUSINESS BUREAU NEW DELHI, SEPT 7 The State Bank of India (SBI) on Monday said it proposes […]

RBI expands priority sector lending categories; includes start-ups
Agriculture / Banking / Business / energy/power / Startups

RBI expands priority sector lending categories; includes start-ups

September 4, 2020

NE NEWS SERVICE MUMBAI, SEPT 4 The Reserve Bank of India (RBI) has expanded the scope of priority […]

American Express establishes Data Analytics, Risk & Technology Lab at IIT-M
Banking / Business / chennai / Education / IITs / Student's Corner / Tamil Nadu

American Express establishes Data Analytics, Risk & Technology Lab at IIT-M

September 4, 2020

NE SCIENCE & TECHNOLOGY BUREAU CHENNAI, SEP 4 The American Express Data Analytics, Risk and Technology (DART) Laboratory […]

SC grants relief to borrowers, protect accounts from being declared NPA till further orders
Banking / Business / COVID-19 / Health & Environment / Legal / Lockdown

SC grants relief to borrowers, protect accounts from being declared NPA till further orders

September 3, 2020

NE LEGAL BUREAU NEW DELHI, SEPT 3 In a relief to stressed borrowers who are facing hardship due […]

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