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George Mathew
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State Bank issues Electoral Bonds worth Rs 2,772 croreSubscriber Only
April 23, 2019 03:13 IST
Out of 2,742 bonds which were issued during the 15-day period, 1,264 bonds were valued at Rs 1 crore and above, SBI — the country’s largest public sector bank — said.
Tue, Apr 23, 2019
Public sector insurers lose market share in premium collection to private playersSubscriber Only
April 22, 2019 01:55 IST
SBI General Insurance, which is planning to go for an IPO during the fourth quarter of FY 2019-20, has garnered a total premium of Rs 4,700 crore, up 33 per cent, during 2018-19.
Mon, Apr 22, 2019
Jet Airways grounded as lenders refuse bailout, 16,500 jobs up in the airSubscriber Only
April 18, 2019 04:50 IST
State Bank of India had this week said the bid process for “orderly sale” of equity in the airline is currently being run by SBI Caps and is being vetted by the legal team.
Thu, Apr 18, 2019
Bad loans: 80% of write offs in decade came in last five yearsSubscriber Only
April 13, 2019 04:06 IST
Banks wrote off a whopping Rs 1,56,702 crore of non-performing loans during the nine-month ended December 2018, taking the total loan writeoff to over Rs 7,00,000 crore in the last 10 years, according to figures revealed by the RBI.
Sun, Apr 14, 2019
BBB proposes more freedom to PSU banks, incentives for staffSubscriber Only
April 11, 2019 02:58 IST
BBB has also identified 75 personnel for intensive leadership development, in order to create a leadership pipeline.
Thu, Apr 11, 2019
As ‘slack season’ approaches, markets hopeful of another rate cut from RBISubscriber Only
April 01, 2019 03:39 IST
With general elections around the corner, the RBI policy action will be keenly awaited and could be a sentiment booster if the central bank goes for a bigger cut.
Mon, Apr 01, 2019
Record foreign inflows push Sensex up 7.5 per cent in MarchSubscriber Only
March 29, 2019 04:45 IST
On Thursday, continuing the rally, the Sensex soared 413 points, or 1.08 per cent, to close at 38,545.72, while the broader NSE Nifty gained 124.95 points or 1.09 per cent, at 11,570.
Fri, Mar 29, 2019
Air India insurance renewal cost doubles to $28 million on growing risk factorsSubscriber Only
March 29, 2019 03:15 IST
Host of adverse factors including recent crash of Ethiopian Airlines aircraft have put end to discounts
Fri, Mar 29, 2019
Public sector banks dip into employees’ pockets for capitalSubscriber Only
March 27, 2019 03:45 IST
Staff alleges forceful subscription of shares under stock purchase scheme.
Wed, Mar 27, 2019
Fintech companies target MSMEs amid push for paperless transactionsSubscriber Only
March 25, 2019 01:02 IST
The RBI has brought such companies in its “Peer to Peer Lending Platform” as intermediaries who provide the services of loan facilitation via online medium or otherwise to the participants.
Mon, Mar 25, 2019
Cash in circulation jumps 19.1 per cent from pre-demonetisation levelSubscriber Only
March 22, 2019 00:10 IST
Cash in the system has been steadily rising even though the government and the RBI pushed for a “less cash society”, digitization of payments and slapped restrictions on the use of cash in various transactions.
Fri, Mar 22, 2019
Lenders may have to bail out Jet AirwaysSubscriber Only
March 20, 2019 03:20 IST
Etihad, which was dithering on injecting more funds into Jet Airways, is not comfortable with some of the terms and conditions of the bailout plan, said a banking source, adding that the foreign partner was keen to exit from Jet Airways.
Wed, Mar 20, 2019
As Motor Vehicle bill lapses, hike in fine for violations stuck in limboSubscriber Only
March 18, 2019 02:36 IST
Though the Bill has already been passed in the Lok Sabha and contained provisions that will make Indian roads safer, Opposition parties had lambasted the Bill saying that it curtailed the powers of state governments and favoured corporates.
Mon, Mar 18, 2019RBI’s $5 billion plan to boost rate transmission, liquiditySubscriber Only
March 15, 2019 04:00 IST
On Wednesday, the RBI decided to inject rupee liquidity for three years through long-term foreign exchange Buy/Sell swap.
Fri, Mar 15, 2019RBI study: Private corporate investment plans fall for seventh year in a rowSubscriber Only
March 13, 2019 04:24 IST
Phased capex plans of the private corporate sector have been declining since 2010-11 when it peaked to Rs 370,600 crore. Private investment plans have declined by 44.90 per cent from Rs 269,900 crore in 2013-14 to Rs 148,700 crore.
Wed, Mar 13, 2019
SBI links savings bank deposits, short-term loans to Repo rateSubscriber Only
March 09, 2019 02:38 IST
Kicking off the new rate system, SBI has decided to link savings bank deposits, with balances above Rs 1 lakh to Repo rate with current effective rate being 3.50 per cent per annum (2.75 per cent below current Repo rate of 6.25 per cent).
Sat, Mar 09, 2019
Number of women borrowers grows faster than men: Credit dataSubscriber Only
March 08, 2019 02:01 IST
A good credit score can help consumers gain access to better credit offers faster, and lenders typically consider a credit score above 750 ideal.
Fri, Mar 08, 2019
Lenders turn cautious in share pledging business after recent repayment defaultsSubscriber Only
March 06, 2019 03:00 IST
Promoters of 2,947 firms pledged their shares worth round `2,24,179 cr, according to BSE data.
Wed, Mar 06, 2019
Title insurance for realty sector fails to pick up despite made mandatorySubscriber Only
March 03, 2019 02:02 IST
The Real Estate Regulation and Development Act 2016 (RERA) mandates the purchase of Title Insurance for all new and ongoing property developments registered with the regulatory body.
Sun, Mar 03, 2019
Chandresh Kumar Nigam: ‘Ignore short-term market movements on account of events such as elections’Subscriber Only
February 25, 2019 01:05 IST
It is extremely difficult for any investor to remain cut off from the market sentiment. This is an unfortunate reality of the market and we have seen this same behaviour globally across markets, says Chandresh.
Mon, Feb 25, 2019RBI MPC minutes reveal differences on inflation outlookSubscriber Only
February 22, 2019 03:10 IST
The MPC, in its first meeting after Shaktikanta Das took over as the RBI Governor, unanimously agreed to move the policy stance to ‘neutral’ from ‘calibrated tightening’.
Fri, Feb 22, 2019
Credit flow to micro and small units contracts in first 9 months of FY19Subscriber Only
February 17, 2019 05:52 IST
Data from the Reserve Bank of India shows that loan outstandings of micro and small units have fallen by 2.14 per cent to Rs 365,000 crore as on December 21, 2018 from Rs 373,000 crore in March 2018, a decline of Rs 8,000 crore.
Sun, Feb 17, 2019
Agriculture sector credit stagnates, bad loans surge over 40%: RBISubscriber Only
February 14, 2019 03:19 IST
Credit growth to the farm sector fell to a low of 3.8 per cent during the fiscal ended March 2018 and improved marginally to 8.4 per cent, which is much lower than the overall non-food bank credit growth of 12.8 per cent as of December 2018.
Thu, Feb 14, 2019
Pension scheme for unorganised sector could cannibalise APYSubscriber Only
February 12, 2019 01:15 IST
The new scheme, promising Rs 3,000 per month pension, will benefit around 42 crore workers in the sector, Finance Minister Piyush Goyal said while presenting the interim Budget on February 1.
Tue, Feb 12, 2019
RBI cuts rate, signals further softening to focus on growthSubscriber Only
February 08, 2019 04:30 IST
Repo rate cut by 25 basis points; home, personal loans likely to come down.
Fri, Feb 08, 2019Journalism of Courage
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