Last Updated: Saturday, March 08, 2014, 14:39
Country's largest bank SBI is considering partial sale of non-performing assets to asset reconstruction companies.
Last Updated: Friday, March 07, 2014, 18:41
The country's foreign exchange reserves rose by USD 954.6 million to USD 294.36 billion on account of gains in the value of gold reserves, the Reserve Bank said on Friday.
Last Updated: Thursday, March 06, 2014, 10:49
A consortium led by Steel Authority of India Ltd, the country`s second-biggest steelmaker, hopes to buy coal assets in Poland in the next few months, Chairman C. S. Verma said on Thursday.
Last Updated: Tuesday, March 04, 2014, 09:17
US banking giant JPMorgan Chase agreed to pay USD 400 million in cash to settle litigation filed by Syncora Guarantee Inc. over mortgage-backed securities, according to the bond insurer.
Last Updated: Sunday, March 02, 2014, 18:59
State Bank of India is taking initiatives to reduce bad loans which have reached 5.73 percent, SBI Managing Director and Group Executive (National Banking), A Krishnakumar has said.
Last Updated: Friday, February 28, 2014, 21:20
A special court here on Friday dismissed a plea by the Special Public Prosecutor in the disproportionate assets case against Tamil Nadu Chief Minister Jayalalithaa and three others seeking a direction to produce before it the seized silver articles belonging to her.
Last Updated: Saturday, February 22, 2014, 00:17
Bombay High Court asked Maharashtra Medical Education Minister to file affidavit in response to PIL seeking prosecution for amassing assets disproportionate to the known sources of income.
Last Updated: Friday, February 21, 2014, 20:04
India's foreign exchange reserves surged by USD 1.46 billion to USD 293.79 billion in the week ended February 14 on account of increase in the currency assets, the Reserve Bank said Friday.
Last Updated: Thursday, February 20, 2014, 16:00
The Economic Offences Unit of police conducted a raid at the house of a Bihar government official over his disproportionate assets, an official said.
Last Updated: Wednesday, February 19, 2014, 14:51
Market regulator Sebi expects its new long-term policy for mutual funds to help their total asset base grow to Rs 20 lakh crore within five years, from about Rs 9 lakh crore currently.
Last Updated: Tuesday, February 18, 2014, 17:16
The gross non-performing assets (NPAs) of listed banks rose 35.2 percent to Rs 2.43 trillion during the first three quarters of the current financial year, according to an industry report.
Last Updated: Friday, February 14, 2014, 22:52
Faced with rising bad loan problems, the country's largest lender State Bank Friday announced a new roadmap which will limit slippages and also give early warning on stressed assets.
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