- Kolkata to witness its first diploma course on cyber laws
Public Relations Society Of India (PRSI), Kolkata chapter and Mayabious Academy have jointly launched a six-month diploma course on 'cyber ...
DNA reports of Uber cab driver, rape victim matched: ExpertA forensic expert told a Delhi court that samples, lifted from Uber cab had matched with the DNA profiling of the accused and the victim.
RBI working on system for exit by businesses facing bankruptcyMahapatra said RBI has started working on an enabling system for banks that will help those entrepreneurs seeking an honourable exit.
BJD govt neck-deep in corruption: Trinamool CongressCharging BJD of being in power in Odisha for a third term by making false promises, Mahapatra said farmers in the state were hit hard as on...
RBI prods banks for recovery of bad loansSince 2000, Indian banks have written off more than Rs 1 lakh crore in bad loans, many of which first went through the restructuring proces...
Loan recast has gone 'out of control': RBI officialRBI Executive Director B Mahapatra today said loan recast has gone "out of control" and all stakeholders need to tackle the problem jointly.
Most foreign banks open to local incorporation: RBI officialMany of the 95 foreign banks at present operating in the country on branch model have shown interest in converting themselves into local su...
- RBI hikes provisioning requirement for restructured loan to 5%
For accounts restructured prior to March 31, 2013, banks would have to make provision of 3.75 per cent in the first phase effective March 3...
- Measures taken to rationalise expenditure: Finance Minister P Chidambaram
Finance Minister P Chidambaram today said government has taken measures to cut expenditure.
Banks will have to set aside more money for bad loansIf keeping rates unchanged wasn’t bad enough for market, governor’s diktat to keep aside more money for recast-bound loan account has come ...
- Banks' credibility at stake given steep rise in restructured loans, says RBI
The RBI has observed that the credibility of Indian banks is at stake given the steep rise in restructure loans.
- Politicians make first appearance at Ramdev's protest
Political leaders today made their first appearance at yoga guru Ramdev's protest here pledging support to his demands on black money and c...
RBI Group wants stricter norms for loan recastIt also said banks should refrain from converting debt into equity, seek higher sacrifice from corporates while restructuring loans.
- Personal guarantee must before loan restructuring: RBI panel
RBI panel has recommended banks should seek personal guarantee from promoters & adopt a 'carrot-&-stick policy' while restructuring loans o...
- Japanese, Swiss companies keen on assisting Bengal projects
The International Technical Cooperation Division of Yokohama has shown interest in the ongoing beautification programme of Kolkata, especia...
- RBI forms task force to revive UCBs in WB
The Reserve Bank on Wednesday set up a task force for revival of Urban Co-operative Banks (UCBs) in West Bengal as part of its plan to reju...
- RBI arranges for tax payments beyond banking hours
Reserve Bank of India (RBI) on Thursday said it has made arrangements for tax payments beyond banking hours to avoid rush.