Sun, Oct 20, 2024
As per existing government guidelines, there can be one Chief General Manager (CGM) for four General Managers in a public sector bank (PSB).
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Thu, Sep 26, 2024
State Bank of India Chairman announces the bank's goal to become the first financial firm to achieve a profit of Rs 1 lakh crore. This ambitious target reflects SBI's growth strategy and commitment to expanding its financial services.
Mon, Sep 23, 2024
Hinduja Group under major investigation, Hinduja Group on the radar of Income Tax Department, very serious income tax allegation regarding tax evasion, know the complete details in this video.
Fri, Dec 29, 2017
For the first half of the year, growth has come in lower at 6% compared with 7.7% in H1-FY17. There was only one sector, trade, transport, hotels etc, which registered higher growth in H1-FY18 at 10.5% compared with 8.3% last year, the rating agency said.
Fri, Dec 22, 2017
Stress test suggests that in the baseline scenario, GNPAs of the banking sector may rise from 10.2% of gross advances in September 2017 to 10.8% in March 2018 and further to 11.1% by September 2018, said the RBI.
Thu, Nov 16, 2017
India's economic slowdown has bottomed out and now it should start moving upwards after recovering from the "temporary blip" seen during the recent structural changes, Finance Minister Arun Jaitley said today.
Wed, Aug 16, 2017
Job opportunities were the highest in the services sector in India last fiscal.
Thu, Jun 01, 2017
Moody's said, "India (Baa3 positive) is implementing a number of wide-ranging reforms and measures that, if effective, will broaden the tax base and anchor fiscal consolidation. Under such outcomes, the government's debt burden, a key constraint on India's credit profile, would ease gradually."
Mon, May 15, 2017
Get Live coverage of Sensex, Nifty and stock performance here at Zee Business.
Fri, May 05, 2017
President Pranab Mukherjee has given his nod to the ordinance dealing with the banking sector`s non-performing loans and the amendment to the Banking Act, television channels reported on Friday.
Thu, May 04, 2017
Axis Bank and ICICI Bank registered GNPA of 5.04% and 7.89% respectively in Q4FY17 as against 6.10% and 8.60% respectively predicted by the experts.
Fri, Mar 03, 2017
On March 1, RBI Deputy Governor R. Gandhi raised concerns over virtual currencies.
Mon, Feb 27, 2017
Based on the asset quality review (AQR) guidelines brought in by the government in late 2015 banks have been making substantial provisions as the NPA levels have increased sharply.
Thu, Jan 19, 2017
Blockchain technology came about initially as a way to verify bitcoin transactions online and to enable two parties to transact business without having to know or trust each other.
Fri, Jan 06, 2017
Live updates of BSE Sensex and NSE Nifty. Top stocks, stocks in focus, top gainers and top gainers of the day.
Wed, Jan 04, 2017
"We think, the reset dates are fairly elongated for retail loans (transmission is slow), versus corporate/working capital loans where transmission could be faster," Jefferies added.
Mon, Jan 02, 2017
Sector-wise, banking sector was 68.74, or 0.33% down.
Fri, Dec 30, 2016
China will focus on freeing up foreign investment in banking, insurance, securities and futures as part of a wider opening up of the services sector, the country`s state planner said in a document on Friday.
Tue, Nov 22, 2016
The aim for withdrawing the notes was to curb black money, which is in line with government's agenda.
Thu, Sep 22, 2016
The Indian rupee opened higher by 16 paise at 66.86 per dollar against the previous close at 67.02 on Wednesday
Tue, Sep 06, 2016
Domestic markets traded strong on Tuesday as Sensex rose 445.91 points to end at 28,978.02 while Nifty surged 133.35 points to close at 8,943 points.
Fri, Sep 02, 2016
The banking sector should take it as an opportunity for not only its own growth but also make deeper impact on India’s growth story, said Jaitley
Tue, Jun 28, 2016
RBI Governor Raghuram Rajan had made cleaning up banks a priority during his nearly three-year tenure given the sector is saddled with $120 billion of sour loans.
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