RBI Governor Raghuram Rajan had recently said that ‘Interest subventions distort the price of credit and lead to misuse.’
As many as 14 public sector banks have reported stressed assets — non-performing assets (NPAs) and restructured loans…
The Reserve Bank of India has decided to look into the issues delaying the transmission of interest rate cut…
Troubled cases rise to 121 in four years, bankers fear more to come..
Rising NPAs: 11.6% of loan portfolios are considered stressed assets.
Deepak Parekh’s interview to news agency PTI that India Inc’s patience was wearing thin with little improvement…
State-owned General Insurance Corporation is making efforts to involve private sector companies and international resinsurer…
Vehicle owners will have to shell out a higher amount as third party insurance premium from the next financial year.
For India’s state owned oil refining companies, the sharp fall in global crude oil prices has meant…
Keen to kickstart pension reforms, the finance ministry has asked the PFRDA to notify all regulations…
The government is now in a position to dilute its equity stake by up to 49 per cent in five…
The Indian rupee is facing turbulent weather because of the impact of both global and domestic issues.
Uber may be under scanner after rape case, but the radio and mobile taxi segment is witnessing a significant growth.
PFRDA is getting ready to bring in a host of regulatory measures in the next two months.
Yields on state govt bonds and commercial paper have fallen
Air ambulance service, which is common in developed countries, is expected to kick off in India in the last quarter…
Defaults by home loan customers are on the rise. Non-performing assets (NPAs) in the housing loan…
Unresolved projects include 110 coal projects, Rs 12,000 cr Delhi Aerocity project, Rs 22,587 cr Essar Steel complex in Orissa.
