Banks general
RBI working on co-lending model for MSMEs
17 Jun 2017
RBI picks top 12 loan defaulters for bankruptcy proceedings
15 Jun 2017
The 12 large loan defaulters account for 25 per cent of the total NPAs of about Rs10,00,000 crore in the banking sector and these will be referred to respective banks for filing insolvency proceedings
Cabinet approves sops for farmers; offers crop loans at 4%
14 Jun 2017
The government has earmarked Rs20,339 crore for interest subvention of up to 5 per cent for the year 2017-18
Cabinet approves sops for farmers; offers crop loans at 4%
14 Jun 2017
The government has earmarked Rs20,339 crore for interest subvention of up to 5 per cent for the year 2017-18
Burden of farm loan waivers on states, says Jaitley
13 Jun 2017
For the state governments loan waivers present an easy option to price stabilation measures that often fail in a bumper crop scenario
RBI finalising list of bad loans for bankruptcy process: Jaitley
12 Jun 2017
Jaitley said 81 cases have been filed under the Insolvency and Bankruptcy Code, with as many as 18 of these coming from creditors in the banking sector
State Bank of India raises Rs15,000 cr in India's largest QIP
06 Jun 2017
NPA-laden SBI has so far raised over Rs30,000 crore from government contributions and qualified institutional placement of shares over the last three years
RCom gets 7-month’s time to service Rs45,000-cr debt
03 Jun 2017
RCom had earlier announced plans to merge its wireless operations with that of Aircel and sell its tower business to Brookfield Asset Management to immediately reduce debt from Rs45,000 crore to about Rs20,000 crore
RBI urges banks to gear up for account portability
31 May 2017
Bankers aren’t quite convinced that this could be done with the multiple account number formats and also because inter-bank portability of bank account numbers could lead to fierce competition in the banking industry
SBI picks 6 banks to manage Rs15,000-cr share sale
26 May 2017
Cash-strapped SBI also put up assets worth over Rs1,471 crore, including a Rs807-crore loan account of Kolkata-based Adhunik Power and Natural Resources Ltd and equity worth close to Rs200 crore
RBI to boost oversights panel, empower rating agencies in NPA fight
23 May 2017
RBI will reconstitute the present banks oversights committee with more members and expand the scope of cases to be referred to the OC beyond those under S4A as required currently
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India’s Millet Revolution To Enrich Global Food Basket
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Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
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Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation