Industry veterans to venture out with SamVed VC with $50 million corpusAmit Srivastava, previously an investor at Ray Dalio's Bridgewater Associates—the world’s largest hedge fund—has established an early-stage...
20 Jan, 2025, 07.31 AM IST
View: Ancient cultures prioritised collaboration over competition, for the larger good of the worldThe very first verse of the Rig Veda speaks of exchange (1.1). Agni, the fire-god, is invited to the yagna. He is offered praise and food, ...
29 Oct, 2022, 12.43 AM IST
Will the bad bank be able to fix one of the world's worst toxic loan pile?NARCL-IDRCL will provide a very promising proposition for the entire Indian banking system, which would benefit in two ways. First, by sell...
17 Sep, 2021, 11.08 AM IST
Steel, cement doing very well from banking perspective: Rajkiran Rai G, Union Bank of India"There are certain sectors which you always talk about. From the banking perspective, when you look at IT, pharma, which are doing very wel...
06 Apr, 2021, 01.02 PM IST
PNB puts on block 6 NPAs with outstanding of over Rs 1,000 crore"We intend to place the (six accounts) for sale to ARCs/NBFCs/Other Banks/FIs etc," said a notice put up by PNB.
16 Jun, 2019, 01.22 PM IST
Allahabad Bank hopes to return to black in Q1, gets board nod for Rs 4,000 crore fund raiseThe lender expects slippages to moderate and be contained at around 1 per cent per quarter.
05 Jun, 2019, 09.13 PM IST
Punjab National Bank invites bids for two dozen NPA accounts to recover Rs 1,179 croreTwo accounts belong to Chandigarh and Bhopal zones while one is of Patna zone, as per the sale notice on its website.
09 Dec, 2018, 12.27 PM IST
Don't individually sell assets of cos under IBC: Finmin to PSBsUnder the reforms agenda, PSBs need to set up specialised monitoring agencies for loans above Rs 250 crore and have a minimum 10% exposure ...
14 Feb, 2018, 07.34 AM IST
Anxious wait for kin of Indians on missing Malaysian Airlines planeRelatives of five Indian passengers, travelling by the missing Malaysia Airlines plane, are anxiously waiting for any information.
09 Mar, 2014, 05.57 PM IST