Last Updated: Thursday, July 31, 2014, 09:12
Finance Minister Arun Jaitley will hold his first meeting with all the heads of public sector banks and financial institutions on comprehensive financial inclusion agenda Thursday.
Last Updated: Wednesday, July 30, 2014, 16:28
Last Updated: Monday, July 28, 2014, 17:25
Finance Minister Arun Jaitley is scheduled to hold his first meeting with all the heads of the public sector banks on July 31 and is expected to impress upon them the need to lower interest rates for boosting growth.
Last Updated: Monday, July 28, 2014, 13:21
The provisioning for bad loans and contingencies made by the bank were reduced to Rs 526.71 crore for the first quarter FY15, from Rs 1,017.86 crore in the year-ago period.
Last Updated: Monday, July 28, 2014, 11:59
The gross NPA was up 1.7 percent at Rs 12,087 crore, as compared to Rs 11,876 crore in the same quarter previous year.
Last Updated: Thursday, July 24, 2014, 22:57
CBI has begun an inquiry into the alleged inflated credit facility availed from banks by Adani Group by over-invoicing for importing power sector equipment to the tune of Rs 2300 crore.
Last Updated: Saturday, July 19, 2014, 14:48
Finance Minister Arun Jaitley on Saturday said recapitalisation to the tune of Rs 2.4 lakh crore in public sector banks to meet Basel III norms is a 'high priority' item for the government.
Last Updated: Saturday, July 19, 2014, 14:26
Finance Ministry is likely to prepare draft cabinet note for government stake dilution in State Bank of India in August to enable it to raise capital for meeting Basel III norms.
Last Updated: Saturday, July 12, 2014, 17:54
Finance Ministry on Saturday said it is examining various issues pertaining to mergers of public sector banks and that there will be some forward movement in the current year itself.
Last Updated: Wednesday, July 09, 2014, 01:15
The government is likely to infuse Rs 500 crore in the ailing ITI Ltd, earlier known as Indian Telephone Industries Ltd, in a bid to revive the public sector undertaking (PSU).
Last Updated: Tuesday, July 08, 2014, 19:21
The government on Tuesday said there is no proposal to dilute its ownership in public sector banks (PSBs) below 50 percent.
Last Updated: Saturday, June 28, 2014, 19:21
Hyundai Motor India has started a scheme to give central and state government employees a special discount on purchase of its vehicles.
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