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Maharashtra cabinet nod for OPS to state employees

The Maharashtra cabinet on Thursday cleared a proposal that offers an option of availing the Old Pension Scheme (OPS) to the state government employees who joined the service after November 2005.......

ED raids 26 locations in ABG Shipyard bank fraud case

The Enforcement Directorate on Tuesday raided multiple premises in Mumbai, Pune and Surat in connection with a money laundering probe against ABG Shipyard Ltd in an alleged Rs 22,842 crore bank......

Cong questions delay in FIR against ABG Shipyard in duping 28 banks

The Congress on Sunday accused those sitting in the highest echelons of power in the Narendra Modi government of complicity, collusion and connivance in what it described as "India's biggest bank......

Mahatma Gandhi's great-grandaughter jailed for 7 years in a fraud case

Ashish Lata Ramgobin, the 56-year-old great-granddaughter of Mahatma Gandhi in South Africa, has been sentenced to seven years in jail by a Durban court in a six-million rand ($442,000) fraud and......

Result preview: Cost of deposits to weigh on banks' margins in Q1

Despite steady loan growth, the banking sector is expected to report subdued margins in the quarter ending June 2024 (Q1FY25), driven by high demand for deposits amidst tight liquidity conditions.......

Banks' gross NPAs at 12-yr low, may fall further to 2.5%

The bad assets or gross NPAs of commercial banks fell to a 12-year low of 2.8 per cent in March 2024 and may go down further to 2.5 per cent by the end of the current fiscal, said the RBI's......

'Housing finance Sector Will Only Grow'

'The demand for housing is always increasing, and so is housing shortage.' Illustration: Dominic Xavier/Rediff.com New Delhi-based PNB Housing Finance will restart its corporate business after......

'Draft infra norms good for industry'

'Probably revised guidelines will come, and then the real picture will emerge.' Kindly note the image has been published only for representational purposes. Photograph: Kind courtesy National......

'MSMEs, mid-corporate will be focus for loan growth'

'As these segments are growing at 25 per cent for the last three years, credit quality has been extremely good.' At a time when most lenders are focusing on growing their retail loan portfolio,......

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India held the top position in the ICC Men's Test Team Rankings while Australia secured the...

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The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain...
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