Tag: Bank of India

Public to private: Selling 2 banks, 1 insurer – Times of India

NEW DELHI: Nearly two decades after an NDA government’s unsuccessful bid to reduce government holding in public sector banks, finance minister Nirmala Sitharaman has...

Winners and losers: Who got what in India’s pandemic Budget – Times of India

This was probably the toughest budget yet for Prime Minister Narendra Modi, as his government navigates the twin challenges of steering the $2.7-trillion Indian...

FM Sitharaman to present Union Budget 2021 today – Times of India

NEW DELHI: All eyes are fixed on Finance Minister Nirmala Sitharaman as she is set to present Union Budget 2021-22 in Parliament on Monday,...

‘Indian economy may contract 25 per cent in current fiscal’ | India News – Times of India

NEW DELHI: The Indian economy is not recovering as fast as the government claims and the country's economy may contract 25 per cent in...

V-shaped recovery continues, IIP and core sectors at pre-Covid levels: CEA – Times of India

NEW DELHI: The V-shaped recovery of economic activity continued in October as the index of industrial production (IIP) and eight core sectors inched up...

Over 60% of RBI’s high-frequency indicators above pre-Covid levels – Times of India

NEW DELHI: Of the 48 high-frequency economic indicators tracked by the Reserve Bank of India (RBI), 18 remained below pre-Covid levels, while the rest...

Banks need to hire experienced chief risk officers to deal with cyber attacks: Report – Times of India

NEW DELHI: The banking industry needs to upgrade its IT infrastructure and appoint experienced chief risk officers to effectively deal with incidence of cybercrimes,...

Nearly 60 applicants rush to bid for Rel Capital’s biz – Times of India

MUMBAI: Close to 60 companies, most of them private equity investors, have shown interest in bidding for the group companies of Reliance Capital (RCap),...

Economy improving fast, growth to turn positive in Q3, Q4 of FY21: Ashima Goyal – Times of India

NEW DELHI: India's macroeconomic situation is improving fast and the country's GDP growth will turn positive in the third and fourth quarters of the...

Government against umbrella entity for e-payments – Times of India

NEW DELHI: The government has expressed concern over the proposed new umbrella entity for retail payments resulting in a mechanism that is controlled by...

Higher NPAs hinder monetary policy transmission: RBI paper – Times of India

MUMBAI: High incidence of non-performing assets (NPAs) in banks acts as a major roadblock in transmission of monetary policy actions of the Reserve Bank,...

Loan interest waiver: SC welcomes relief on interest but wants it to be speeded up | India Business News – Times of India

NEW DELHI: The Supreme Court on Wednesday said it was a “welcome move” on the Centre's part to waive compound interest on instalments of...

Ahead of FATF scrutiny, 19 forex dealers lose licence – Times of India

NEW DELHI: In a move that seeks to ensure India’s compliance with Financial Action Task Force norms on money laundering, Reserve Bank of India...

Loan repayment moratorium can’t be extended: RBI in Supreme Court – Times of India

NEW DELHI: The Reserve Bank of India on Saturday filed an affidavit in the Supreme Court rejecting the demand of various sectors, including real...

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