Banking
To offset COVID impact, SJM calls for NREGA fund hike, free food grains, financial support to vulnerable sections
NE NEWS SERVICE NEW DELHI, JUNE 6 The Swadeshi Jagran Manch (SJM), an RSS-affiliate, on Sunday suggested the government to...
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PNB to pick stake in NARCL; plans to transfer Rs 8,000 cr worth NPA
NE BUSINESS BUREAU NEW DELHI, JUNE 5 Punjab National Bank (PNB) on Saturday said it will pick stake in the...
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RBI expands Resolution Framework 2.0 coverage to Rs 50 cr, repo rate unchanged at 4 per cent
NE BUSINESS BUREU MUMBAI, JUN 4 The RBI on Friday expanded the coverage of Resolution Framework 2.0 by doubling the...
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Now, banks can sell Vijay Mallya’s properties, shares worth Rs 5,646 cr to recover dues
NE BUSINESS BUREAU NEW DELHI, JUNE 3 Armed with court order, a consortium of lenders led by SBI can now...
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Finance Ministry widens scope of ECLGS, banks to offer concessional loans for setting up oxygen plant
NE BUSINESS BUREAU NEW DELHI, MAY 30 The Finance Ministry on Sunday expanded the scope of the Rs 3 lakh...
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Dominica court stops removal of fugitive businessman Mehul Choksi from country: Report
NE NEWS SERVICE NEW DELHI, MAY 28 A court in Dominica has "restrained" authorities from removing fugitive businessman Mehul Choksi...
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RBI issues guidelines for amalgamation of district central co-op banks with state co-op banks
NE BUSINESS BUREAU MUMBAI, MAY 24 The Reserve Bank of India (RBI) on Monday said it will consider amalgamation of...
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Covid 2nd wave in India, a warning of possible events in other low- and middle-income countries, says IMF
NE NEWS SERVICE WASHINGTON, MAY 22 Observing that the ongoing "catastrophic" second wave of COVID-19 in India is a sign...
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SC upholds Centre’s notification permitting banks to proceed against personal guarantors under IBC
NE LEGAL BUREAU NEW DELHI, MAY 21 The Supreme Court on Friday upheld the validity of the Centre’s notification allowing...
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Now, DBT beneficiaries can withdraw PM Kisan Yojana funds from Fino banking points
NE BUSINESS BUREAU MUMBAI, MAY 16 Fino Payments Bank announced that its merchant points across the country are geared up...
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