Banking & Finance News

Bad time continues for banks; KFA brands fail to find buyers

Bad time continues for banks; KFA brands fail to find buyers

In a big disappointment for the lenders for the second time, auction of the long-grounded Kingfisher Airlines' (KFA) trademarks and logo turned out to be damp squib once again despite having a lower reserve price.

Bank of Baroda's total business takes Rs 90,000-crore hit in 2015-16
Bank of Baroda's total business takes Rs 90,000-crore hit in 2015-16

Shrinking loan portfolio and deposit base squeezed total business of state-owned Bank of Baroda (BoB) by nearly Rs 90,000 crore in 2015-16 despite a robust GDP growth of 7.6 per cent during the fiscal.

Horoscope: By Peter Vidal

Today ( 25 Aug )This Week ( 21 Aug - 27 Aug )

SAGITTARIUS It's surprising how much your attitudes to money are bound up with fears and feelings about emotional security. I told you yesterday how cash complaints could come between you and a colleague or partner. Now is the… read more