SBI defends decision to lend $ 1 billion to Adani Group

State Bank of India SBI's chairman Arundhati Bhattacharya has defended the decision of lending 1 billion dollars to Adani Group for the development of Carmichael mine in Queensland Australia. Talking to reporters in New Delhi today, Mrs. Bhattacharya said that SBI has signed an MOU with the...

PMJDY: Govt asks bank officials to cover all households at earliest<br/>

The government today asked the bank officials to speed up the process to cover all remaining households under Pradhan Mantri Jan-Dhan Yojana at the earliest. It also asked them to make special efforts to address uncovered households in 33 districts where the percentage of coverage is less than 50 pe...

Rising NPAs cause of concern; Proactive steps required to bring it down: Jaitley

Finance Minister Arun Jaitley today said, rising in the Non Performing Assets, NPAs is cause of concern and proactive steps are required to bring it down in Banking sector. Addressing the heads of Public Sector Banks and other Financial Institution in New Delhi ,Mr Jaitely asked the bankers to take ...

Proactive steps needed to contain rising NPA in Banking sector: Jaitley

Rising NPAs cause of concern; Proactive steps required to bring it down: JaitleyFinance Minister Arun Jaitley today said, rising in the Non Performing Assets, NPAs is cause of concern and proactive steps are required to bring it down in Banking sector. Addressing the heads of Public Sector Banks and...

SBI defends decision to lend $ 1 billion to Adani Group

State Bank of India SBI&apos;s chairman Arundhati Bhattacharya has defended the decision of lending 1 billion dollars to Adani Group for the development of Carmichael mine in Queensland Australia. Talking to reporters in New Delhi today , Mrs. Bhattacharya said that SBI has signed an MOU with th...

Proactive steps needed to contain rising NPA in Banking sector: Jaitley

Finance Minister Arun Jaitley has said proactive steps need to be taken to contain rising Non Performing Asset, NPA in Banking sector. Addressing the Heads of Public Sector Banks in New Delhi today, Mr. Jaitely said that bank officials should fund for the stalled projects in the country to help cont...

India coming out of economic slowdown: OECD

The Organisation for Economic Co-operation and Development (oecd) has said that India&apos;s economy is coming out of its worst slowdown in 25 years. In its Economic Survey of India released in New Delhi yesterday, the Paris-based think-tank said, implementation of new reforms will be key to put...

SEBI approves stricter norms on insider trading

Securities and Exchange Board of India, SEBI today approved stricter norms on insider trading, including new definition for connected people to prevent the menace. The new regulations strengthen legal and enforcement framework and also ensure that legitimate business transactions are not impacted. I...

India coming out of economic slowdown: OECD

Organisation for Economic Cooperation and Development, OECD today said that India&apos;s economy is coming out of its worst slowdown in 25 years. However, the Paris-based think-tank said that implementation of new reforms will be the key to putting it on a strong and sustainable growth path of 8...

Transfer pricing case: Shell India wins Rs 18,000-crore tax dispute