Rs 2-trillion bank frauds in 11 years: ICICI Bank, SBI report maximum cases
NEW DELHI: Of over 50,000 frauds that hit banks in India in the last 11 fiscal years, the ICICI Bank,...
Business
Rs 587 crore loan fraud case: Fresh FIRs against fugitive jeweller Jatin Mehta
NEW DELHI: The CBI has booked absconding diamantaire Jatin Mehta in two fresh cases pertaining to an alleged loan fraud...
We’re bank everyone wants to rob: 50 percent tariff on US motorcycles by India unacceptable, says Donald Trump
NEW DELHI: US President Donald Trump said that even though India has reduced its import tariff on American motorcycles from...
Bank of Baroda puts Bhushan Power & Steel, 66 other accounts on block
NEW DELHI: As resolution through the insolvency courts keep getting delayed inordinately, the state-run Bank of Baroda has put on...
RBI issues new NPA recognition norms
NEW DELHI: The Reserve Bank of India on (Friday) issued a new framework for resolution of bad loans, replacing the...
RBI cuts interest rates to 9 year low, expects banks to quickly lower home, auto loan EMIs
NEW DELHI: In a move that may lead to lower home, auto and other loan EMIs, the RBI on Thursday...
Dip in oil prices, stable rupee indicate signs of growth: Finance Secretary
NEW DELHI: Declining global oil prices, stable rupee and falling interest rate are sure signs of high growth in coming...
India’s GDP to exceed $3 trillion; to become 5th largest economy in 2019
NEW DELHI: India is forecast to overtake the UK to become the world's fifth largest economy this year and projected...
Milkbasket raises $10.5 million from Unilever Ventures, Kalaari Capital, others
NW DELHI: Grocery delivery startup Milkbasket on Tuesday said it has raised an additional $10.5 million (approx Rs 69.20 crore)...
Merger and acquisition activity in January-March quarter fell to 242 deals worth $9.9 billion: EY India
NEW DELHI: Merger and acquisition activity in India saw a sharp decline in the January-March period, amid subdued global deal...
