Shift from collective decision-making to clearly defined powers to individuals
Following major differences between the Reserve Bank of India (RBI) and the finance ministry on how to reform and improve…
The finance ministry wants PSB to send information on listed firms declared as wilful defaulters directly to Sebi.
The government is likely to allocate around Rs 7,000 crore in Budget 2014-15 in June-July towards capital infusion in public…
Beginning Friday, the Department of Financial Services (DFS) will hold meetings with public sector banks (PSBs) individually to assess
FinMin also asks lenders to submit action-taken report for such accounts as in Dec 2013.
The finance ministry has asked public sector banks (PSB) to increase the usage of Sarfaesi Act provisions to quickly recover…
Tara Thiagarajan, chairman & MD of non-banking finance company-micro finance institution (NBFC-MFI) Madura Microfinance, is trying out a unique experiment.
United Bank of India ? which brought down its gross non-performing assets (NPAs) by over R2,000 crore in the January-March…
The government not only is keen to deepen financial inclusion by expediting new bank licences, but wants domestic banks to…
Concerned over the delay in completion of housing projects, the government is considering bringing out guidelines soon to ensure timely…
Shome?s retrospective tax option allows govt to not refund taxes on overseas sales.
A day ahead of the visit of a high-level US delegation led by treasury secretary Timothy Geithner, India has ruled…
The Centre is trying to convince the Reserve Bank of India to ease prudential guidelines regarding asset classification by banks.
The government wants to restrict the tenure of non-official directors in the RBI?s central board to two successive terms of…
The detailed norms for financing low-cost housing projects with external commercial borrowings are likely to be announced on Thursday.
The government and regulators suspect that foreign direct investment is flowing surreptitiously into the business-to-consumer segment of the e-commerce sector…
Subsidiarisation of foreign banks, a proposal which these banks have long resisted despite RBI?s insistence, may get delayed further.
