Exit mechanism for banks under PCA crucial: Sanjeev Sanyal
The Reserve Bank of India's PCA framework, which intends to nurse financially weak banks back to health, restricts lending and expansion of lenders.
RBI, government trying to reach common ground on some key issues
As a result of relaxation, some banks may come out of the PCA framework by t...
Bharti Airtel bonds jump most in five years after buyback offer
India’s second-biggest mobile phone carrier will pay $985 per $1,000 principa...
After Market: NBFCs bled despite market gains; OMCs, oil basket rose
The rise in the indices was underpinned by bank and OMC stocks, including Reliance Industries.
Wall Street earnings season gets under way with profitability at decade high
While the US economy has taken off, banks’ loan growth hasn’t kept pace.
U.S. sues UBS, alleges fraud in mortgage securities
UBS was accused of misleading investors about the quality of billions of dollars of subprime and other risky mortgage loans backing 40 securities offerings.
ICICI Bank, Jet Airways, Dilip Buildcon and Cadila Healthcare and OMC stocks to hog limelight today
Here is a list of top stocks that are likely to be in focus in today's trading session.
Summer placements at IIM-Indore see 24% jump in average stipend
The average stipend offered was Rs 1.54 Lakh for the two-month internship and the median stipend witnessed an increase of 40%.
Goldman, Barclays see ‘as good as it gets’ 4% global growth
"We expect inflation will rise and central bank normalization will gather steam," they said.
RBI rejects government's proposal to ease PCA norms for banks
Data accessed by ET shows that all PCA banks have shrunk their losses and reduced their NPAs in the last quarter ended June after a peak in the fiscal year ended March 2018.
Hindalco, Bank of India and Coal India among stocks in the news
Here's a look at the top stocks that may hog the limelight in today's session.
A deluded banker's tale of Lehman's last days
In an emptying, eerily quiet office, we believed our group would survive.
DHFL shares hit 5% upper circuit as bonds start trading again
This is the fourth straight day of gains for the stock.
Rupee at record low puts RBI under pressure to curb market rout
Here are some conventional and some not-so usual measures policy makers may consider.
Green shoots in the economy? Some early signs of a turnaround
Passenger air traffic volumes climbed 11.2 per cent in November, the fastest pace in 2019 so far.
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