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UNION BANK NPA PROVISIONS SPIKE
Union Bank of India shares drop 5% post Q1 business update, global business decline marginally on quarterly basisUnion Bank of India's stock dipped 5% following its June 2026 quarter business update. While global business saw a modest yearly growth of ...
Bajaj Finance shares gain 2% after Q1 business update; AUM rises to Rs 5.46 lakh croreBajaj Finance shares rose after the company reported strong Q1 FY27 business growth, driven by higher assets under management, customer add...
Icra downgrades Utkarsh SFB debt ratings on weak asset quality, earningsIcra downgraded Utkarsh Small Finance Bank's debt ratings, citing elevated bad loans, weak earnings and rising stress in its microfinance p...
NCLT dismisses Unity Small Finance Bank's insolvency plea against Awas Developers over default dateUnity Small Finance Bank's insolvency plea against Awas Developers was dismissed by the NCLT. The tribunal ruled the bank failed to pinpoin...
Govt notifies new VB-G RAM-G rules, excess spending to be monitored to prevent misuseNew rules mandate strict monitoring of state spending on the rural employment scheme, VB-G RAM-G, exceeding central allocations. The scheme...
Centre notifies three sets of rules under VB-G RAM G ActNew rules under the Viksit Bharat- Guarantee for Rozgar and Ajeevika Mission (Gramin) Act have been notified, guiding the transition from M...
India not exporting fuel directly to Russia, any supplies are trader-led: PuriIndia's Oil Minister, Hardeep Singh Puri, has stated that Indian companies are not directly supplying refined fuels to Russia. While report...
Corporate loans outpace retailCorporate sector borrowing from banks is accelerating past individual loans, driven by companies seeking cost savings as corporate bond yie...
Govt likely to push PM-CMs jail bill in upcoming monsoon sessionParliament is set to debate the Constitution (130th Amendment) Bill, 2025, in the upcoming monsoon session. The bill, aimed at 'decriminali...
These 7 private and public banking stocks have an upside of up to 24% in one year, according to analystsAt the end of the day, both private and PSU banks are equally impacted by what goes on in the economy. If they are behaving differently in ...
Delhi Gymkhana Club served show cause notice in eviction proceedings; asked to explain why it should not be evicted by July 7The Union Government has escalated eviction proceedings against the Delhi Gymkhana Club, issuing a show cause notice under the Public Premi...
India replaces MGNREGS with new rural jobs scheme from July 1India is set to launch the Viksit Bharat-Guarantee for Rozgar and Ajeevika Mission-Gramin (VB-G RAM-G), replacing the MGNREGS after two dec...
Banks NPA at multi-decadal low of 1.8%, Indian financial system remains resilient: RBI reportIndia's financial system remains robust, with bank NPAs hitting a multi-decade low of 1.8%. Despite global uncertainties and rising oil pri...
Govt approves proposal to amend Khadi and Village Industries Commission ActThe government has approved amendments to the KVIC Act, 1956, to modernize the Khadi and Village Industries sector. These changes aim to bo...
VB-G RAM G Act to come into force from July 1; Centre says all ready for rolloutA new Viksit Bharat -- Guarantee for Rozgar and Ajeevika Mission (Gramin) Act, 2025, offering 125 days of wage employment, launches July 1....
Bengal set to table UCC, public safety bills today in AssemblyWest Bengal is set to introduce a Uniform Civil Code Bill, aiming to replace religious personal laws with a single set for all citizens, pr...
RBI says UPI-linked credit lines must follow same rules as traditional loans; Closes regulatory arbitrageThe Reserve Bank of India has mandated uniform prudential treatment for all credit facilities, including those disbursed via UPI. This move...