Banking & Finance

Extent of recast assets, especially in PSBs, worrying

With three months left for banks to retain the standard tag on loans they recast, the Reserve Bank of India on Monday expressed...

Extent of recast assets, especially in PSBs, worrying

Rising NPAs in NBFCs could hurt banks

The Reserve Bank of India, in its Financial Stability Report on Monday, stated that it is concerned about the rising non-performing assets...

Rising NPAs in NBFCs could hurt banks

DDA issues show-cause notices to banks for delay in refund

Seeking to ensure refund of deposit money to all unsuccessful applicants in the 'Housing Scheme 2014', DDA has issued show-cause notices...

DDA, DDA Housing scheme, DDA refund, banks, DDA banks, DDA show-cause notice News

Bad loans may come down to 4% by March 2016: RBI

Gross non-performing assets (GNPAs) of banking system is likely to drop to 4 per cent by March 2016...

housing scheme, housing scheme 2015, affordable house plans, EPFO, EPFO India, EPFO news, DDA, PUDA, HUDA, housing finance companies News

Indian rupee plunges to over 13-month low of 63.67 Vs US dollar

Extending losses for the fourth straight session, Indian rupee today declined by ten paise to log over 13-month closing low of 63.67 against the US dollar...

Indian rupee gain News

Kotak Life Insurance Launches ‘Preferred e-Term Plan’

Kotak Mahindra Old Mutual Life Insurance Limited today announced the launch of Kotak Preferred e-Term Plan...

Kotak Life Insurance Launches ‘Preferred e-Term Plan’

Axis Bank in talks for tie-up with payments bank

Private sector lender Axis Bank is open to partnering a payments bank and is in talks with a few aspirants for a potential partnership...

Axis Bank, Payment Banks News

Indian rupee extends weakness, down 13 paise vs US dollar

Falling for the fourth straight session, the rupee today weakened by another 13 paise to 63.70 against the US dollar...

Indian Rupee, Rupee vs Dollar, Rupee to Dollar News

For banks, task cut out in 2015: Recover bad loans, raise more capital

Over the last couple of years, public sector banks have seen non-performing assets or bad loans rising steadily.

rbi, banking News

RBI rules stall projects with cost overruns

The project monitoring group (PMG) may have cleared projects involving an investment of close to R7 lakh crore, but many of these...

rbi, raghuram rajan , raghuram rajan rbi, Reserve bank of india, rbi funds flow, rbi rate cut News

ING Vysya Bank staff demand job safety post-Kotak Bank merger; to strike on Jan 7

Unions of ING Vysya Bank today demanded safeguarding of their interests post-merger with Uday Kotak-led Kotak Mahindra Bank...

ING Vysya Bank, ING Vysya Bank strike, ING Vysya Bank merger, ING Vysya Bank Kotak Bank merger, Kotak Mahindra Bank News

Losing Indian rupee remains a senior citizen in 2014

It started weak, recouped some lost ground towards the middle, but soon lost track and the losses...

Indian Rupee, Rupee vs dollar, Rupee to Dollar, US dollar, dollar rate, dollar rate today, Forex market, US rate hike News

Minimum monthly wages could go up to Rs 15,000

The Centre plans to fix minimum national monthly wages at around Rs 15,000 for all jobs in both the formal and informal...

Minimum wages, monthly wages, labour ministry News

As we step into 2015, it is ‘achtung’ time for emerging markets: Anindya Banerjee

This week, it was supposed to be calm and quiet in the global currency markets and so it was.

Banking & Finance News

Indian rupee falls for 3rd successive week; down 27 paise to 63.57 against US dollar

Heavy dollar demand from importers amid sustained capital outflows and weakness in local equities weighed on the rupee...

Fii, FDi, overseas investors News

Rajinikanth wife Latha’s property attached by Exim Bank over loan default

Exim Bank has taken possession of a property of Latha Rajinikanth, wife of superstar Rajinikanth, in a loan default of Mediaone Global Entertainment, where she stood as a guarantor.

Banking & Finance News

Credit card declined? – It could be one of these 8 reasons

These days it is simplified to carrying a debit or credit card....

Credit card News

Don’t only insure your life, ensure your home loan is paid!

It is one thing to get a home loan and a different ball game to repay the loan...

loan News

Employee can’t be denied promotion on ground of quarrel with wife: High Court

Madras High Court has held that an employee cannot be deprived of promotion on the ground that there is some family quarrel...

Employee can’t be denied promotion on ground of quarrel with wife: High Court

Indian rupee falls for the third day, down 6 paise vs US dollar at 63.57

Continuing its descent for the third straight session, the Indian rupee today declined by six paise...

Indian rupee falls for the third day, down 6 paise vs US dollar at 63.57

EPFO mulls social security agents to improve service delivery

Retirement fund body EPFO is planning to engage agents to improve delivery of its social security schemes...

epf taxable, epf budget 2016, epf tax, epf online, epf india, epf, EPFO, epf payment, provident fund, budget 2016, union budget 2016, 2016 budget news

Banks need to sell NPAs to ARCs at attractive rates

Edelweiss ARC saw a jump in NPA acquisitions to Rs 18,251 crore as at September 2014 from...

Banks need to sell NPAs to ARCs at attractive rates

Indian rupee hits 1-wk low vs US dollar; bonds fall in low volumes

Rupee ends at 63.5150/5250 per dollar vs 63.28/29 on Tuesday; * 10-year bond yield ends 4 bps higher on day at 7.96 pct

Indian rupee hits 1-wk low vs US dollar; bonds fall in low volumes

EPFO: Premium for product in lieu of EDLI need not be 0.5% of wages

Retirement fund body Employees' Provident Fund Organisation (EPFO) has asked its over 120 field offices for not insisting the employers...

Banking & Finance News

Indian rupee down 20 paise to 63.48 against US dollar

Indian rupee depreciated by 20 paise to 63.48 against the US currency in early trade.

Indian rupee down 20 paise to 63.48 against US dollar

HDFC teases with partially fixed rate, but will home buyers bite the bullet?

Housing finance company HDFC has introduced a partially fixed rate scheme on home loans for tenure up to 10 years...

HDFC teases with partially fixed rate, but will home buyers bite the bullet?

Indian rupee loses 3 paise against US dollar at 63.28

The Indian rupee today lost three paise at 63.28 against the dollar due to sustained capital outflows and fresh...

Indian rupee gain News
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