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The unions have demanded to ensure supply of adequate cash to all banks and branches, restore all ATMs without further delay and ensure transparency in cash supply to banks.

Capital requirement of PSBs to shrink to about Rs 25,000 cr in FY20:...

The recent capital infusion will improve solvency of banks, but not fully resolve legacy problem loans.

21 Feb 2019 6:02 PM IST

Rating Agency Moodys

Despite massive capital infusion, full turnaround is still away for...

Banks are far from a full turnaround as large volumes of problem-loans will still continue to cap improvements and...

21 Feb 2019 5:51 PM IST

$Chinas OBOR initiatives stated aim is to link countries in Asia, Africa and Europe to promote \an open and inclusive global economy\ by building regional trade networks and enhancing connectivity for future growth. (Photo: Representational Image)$ Business

ComMin sets USD 50 billion bilateral trade target with Russia by '25

USD 50 billion target set for bilateral trade between India and Russia over the next seven years: CR Chaudhary.

21 Feb 2019 5:27 PM IST

The initiative will enhance the financial performance of the commercial banks, and will assist them to cope with RBIs prompt corrective action (PCA) plan. (Photo: Twitter)

CARE Ratings to government: From where will you get the recap funds...

The union government on Wednesday declared an infusion amount of Rs 48,239 crore for recapitalisation of PSBs.

21 Feb 2019 5:15 PM IST

Narendra Modi, Prime Minister

Indian economy fundamentals sound, set to reach USD 5 trillion: PM...

No other large economy in the world has grown at 7 per cent year after year, says PM.

21 Feb 2019 11:59 AM IST

Telangana Chief Minister K. Chandrasekhar Rao.

Telangana govt set to present Budget tomorrow

Both the Assembly and Council will meet separately at 11.30 am.

21 Feb 2019 11:32 AM IST

Arun Jaitley said it would have been better if the Opposition had obtained all information before raising this issue. (Screengrab | RSTV)

Finmin expects NPA recovery of Rs 1.80 lakh crore in FY19

So far, banks have recovered Rs 1 lakh crore under the Insolvency and Bankruptcy Code (IBC).

21 Feb 2019 9:49 AM IST

$Can the government do something to reduce the pressure on such kids? Increasing the number of \good\ jobs is the best option.$ Business

7.16 lakh jobs created in Dec, 72.32 lakh in last 16 months: Payroll...

EPFO, revised downwards its payroll data for November 2018 by 23.44 per cent to 5.80 lakh against the earlier estimate...

21 Feb 2019 9:38 AM IST

Union finance minister Arun Jaitley

Decision on realty GST deferred

The GST Council was also slated to discuss the reports of the Group of Ministers (GoM) on under-construction housing...

21 Feb 2019 12:24 AM IST

Total income of the bank also came down to Rs 3,585.56 crore during October-December period of 2018-19, as against Rs 3,721.93 crore in same quarter of 2017-18, the bank said in a regulatory filing.

Govt announces Rs 48,239 cr recapitalisation plan for 12 PSBs

The government will pump in Rs 12,535 crore in four other banks under PCA.

20 Feb 2019 5:36 PM IST

Rafale deal has protected both security and commercial interest of India. Allegations on Rafale was fiction writing that was compromising national security, Finance Minister Arun Jaitley said. (Photo: ANI)

GST Council defers decision on tax on real estate; extends deadline...

The due date for filing summary sales return - GSTR-3B - is February 20.

20 Feb 2019 2:24 PM IST

FDI inflows into India firmed up by 22 per cent to USD 35.85 billion during April-December 2016.

FDI during Apr-Dec 2018-19 falls 7 per cent to USD 33.49 billion

India contracted by 7 per cent to USD 33.49 billion during April-December in the current fiscal.

20 Feb 2019 2:00 PM IST