Business decisions taken by bank officials won’t be questioned: PM
The PM said his government is promoting professionalism especially in civil services.
World Bank to reduce lending to China
The bank, which is led by former US Treasury official David Malpass, defended its approach in a brief s...
Govt to launch PMKVY-III in next financial year: Skill development minister
Govt launched the PMKVY scheme in 2015 and revamped it in 2016 to...
No menopause policy for women employees in government, private sectors
The minister said before taking any decision on the issue of formulation of menopause policy for women employees in government and private sectors, consultations with stakeholders and experts and careful consideration of all aspects of the matter is required.
Auto sector slowdown affecting GST compensation cess kitty: Sushil Modi
Sushil Modi, who heads the Group of Ministers (GoM) on GST revenue shortfall, said that the economic slowdown, particularly the muted sales in the automobile sector, is leading to lower collections in the new indirect tax regime. Speaking at an event, he said that the automobile sector is a major contributor to the GST compensation pool.
Fitch says liquidity pressures faced by non-banking financial sector to continue
Indian finance and leasing companies are likely to grow at a slower pace in 2020 than in prior years, amid weaker economic growth and liquidity constraints.
Banks’ economic apartheid towards SMEs must end
The SME sector is facing some sort of economic apartheid from lenders which means “separateness”.
Andhra Bank to forgo call option on bonds
A call option is an exit route for investors.
Share market update: Bank shares mixed; Yes Bank slips 5%
The Nifty Bank index was trading 0.29 per cent up at 31805.35 .
Buzzing stocks: Vodafone Idea, YES Bank, RCom, ICICI Bank
YES Bank (Rs 288.06 crore) was leading the pack of most active stocks in value terms.
Online banking restored: HDFC Bank
Responding to customers, the bank said that the “technical glitch” has been rectified. “Our net banking and mobile banking platforms have now stabilised,” the lender said.
Private banks get to invest client money as FPI: But will it meet client objectives?
The Sebi regulations and guidelines seem to be silent on this aspect.
RBI investigating 'net banking' breakdown at HDFC Bank
Following the outage, several HDFC customers were unable to access their salary accounts to make bill payments.
Bet on YES Bank for 20-25% upside in a month: Sudip Bandyopadhyay
Among other larger banks, we have a positive view on Axis Bank as well as ICICI Bank.
RBI writes to Fin Min seeking changes in Banking Regulation Act
The Reserve Bank of India (RBI) has written to Finance ministry seeking changes in the Banking Regulation Act. Changes like authority to con...
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