According to the proposal submitted to the Reserve Bank of India, the National Asset Reconstruction Company (NARCL) would have acquiring no...

Shah, an MBA from Harvard and chartered accountant, is credited for establishing India's first and largest housing finance company, HDFC, a...

The cabinet has approved the establishment of a bad bank, another tool to resolve the bad debt dogging banks that has constrained the flow ...

In an address on Thursday, Finance Minister Nirmala Sitharaman announced that the Cabinet had yesterday approved govt guarantee of up to Rs...

The funding will be used for scaling up the team and to expand to Europe and the US, the company said in a release.

In May, banks decided to appoint Padmakumar M Nair, chief general manager in charge of stressed assets in SBI, as the MD of the NARC. Accor...

The government guarantee will cover all security receipts (SRs) issued by the new bad bank while acquiring non-performing assets (NPAs), sa...

The government has been repeatedly tapping into SBI’s talent pool for key appointments in the public sector. Last year, in the aftermath of...

At Konni, BJP state president K Surendran, the ‘hero’ who led the party’s resistance against the LDF regime’s attempt to allow women of men...

Sanalkumar Sasisharan, the director of the critically acclaimed "Oralpokkam" adjudged the best director award.

The discussion primarily focussed on the key economic measures like impetus to agriculture, the need for streamlining of subsidies and soci...

Kerala HC today directed the Assistant Solicitor General to get information from the MEA on whether Indian consulates could arrange for ver...