In the Essel and IL&FS cases, mutual funds have sought leniency to ensure the net asset values of their units don’t plunge.

Recoveries, capital infusion have set the stage for jump in credit delivery.

In written reply, Finance Minister Arun Jaitley said that minor and major penalties have been imposed against erring officials. These inclu...

He is not worried about the impact of elections on equity markets.

PNB has detected fraudulent and unauthorized transactions in one of its branches in Mumbai "for the benefit of a few select account holders...

As per the latest FSR by the RBI, the contribution of large borrowers in gross advances fell from 58 per cent to 56.5 per cent between Marc...

The verdict is seen as a ringing endorsement of note ban and a green signal for bigger and more disruptive reforms, with the GST being the ...

The Narendra Modi government announced a series of changes to India’s foreign direct investment (FDI) policy on the eve of Diwali.

The decision comes at a time when banks are gearing up to adopt new loan restructuring rules that require them to classify all recast loans...

State-run Central Bank of India today posted a 26 per cent jump in its net profit for the quarter ended June 30 at Rs 337 crore as against ...

State-run Central Bank of India plans to sell Rs 300-400 crore of its bad loans in the current financial year in a bid to clean up its bala...

With greenshoots of economic recovery becoming visible, a top banker was today optimistic that India will record a growth of 7-7.5 per cent...

Indian banks have witnessed a sharp increase in their badloans, especially in consumer and credit card loans in the last one year on accoun...

Loan growth which moderated into 24% last fiscal is expected to be in range of 18-20% in FY 09, Fitch. All Headlines | Gainers & Losers | T...