India and the European Union have failed to arrive at any understanding on the four-year dispute involving two Italian marines accused of murdering two Indian fishermen, with the Indian side......
To further strengthen the supervision on non-banking entities (NBFCs), the Reserve Bank on Tuesday issued revised guidelines on a Prompt Corrective Action (PCA) framework for such companies,......
After removing three PSBs - BoI, Mahabank and OBC from the framework, RBI, on Tuesday, took out three commercial banks - Allahabad, Corporation and Dhanlaxmi from the said list. The Reserve Bank......
The top 50 exposures, amounting to Rs 7.8 trillion, of government-registered non-banking financial companies (G-NBFCs) constitute about 40 per cent of corporate credit within the NBFC sector,......
The bank will now be in a position to resume normal lending activity, including corporate lending, with tightened risk management framework. Private lender IDBI Bank is out of prompt corrective......
Public sector banks have raked in more profits in the three months ended June on the back of a persistent decline in bad loans and the trend may have a positive bearing on their balance sheets in......