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If the proposal gets IBA's nod, it will be sent to the finance ministry and subsequently to the Reserve Bank of India's (RBI) for approval
Consistent with that strategy, we feel that "clean mobility" is going to be a space that will create growth
In a Q&A, the lender's MD & CEO says the bank's NPA ratio could improve further as it doesn't have any large loan that needs to be regarded as bad
In an interview with Business Standard, MPC member Jayanth Varma says the committee should not tie its hands by adopting the withdrawal of accommodation stance
Says GDP growth will receive 15-basis point boost from tax cuts
'We are seeing a fair amount of activity in renewables, city gas distribution, and roads'
Not to overshoot FY24 net borrowing target of Rs 11.8 trn
Lenders may get nearly 45% of the admitted claim of Rs 32,750 crore from NARCL
Our margins in the first quarter was 3.1 per cent, while it was 3.2 per cent in Q2 and 3.7 per cent in Q3, says Shanti Lal Jain
Policy rate increased by 25 bps to a 4-year high of 6.5%
Some economists say change in stance to neutral on the cards
SBI's exposure to the group is Rs 21K cr
The Survey, which was tabled in Parliament on Tuesday by Finance Minister Nirmala Sitharaman, noted that India's inflation management is 'noteworthy' and can be contrasted with advanced economies
In a Q&A, Jairam Sridharan dwells on his company's proposed retail thrust and the challenges facing the NBFC sector
Their exposure amounts to 38% of the group's total debt
Disbursement figures rising, pain of pandemic over for microfinance sector: H P Singh
The union territory of Jammu & Kashmir has 64.5 per cent stake in J&K Bank while UT of Ladakh has about 4.5% stake
The RBI will introduce an ECL approach for loan loss for banks, as compared to the incurred loss approach at present, one year after announcing the final guidelines
RBI has defined "major shareholding" as "aggregate holding" of five per cent or more of the paid-up share capital or voting rights in a banking company by a person