India Posts payments bank to launch by March 2017: Prasad
Mar 22, 2016 at 15:59 | Source:
New Delhi: Payments bank of Department of Posts is likely to become operational by March 2017, Communications and IT Minister Ravi Shankar Prasad said today."Very soon by March next year we are going to bring in payments bank of the Postal depar...
Sensex reclaims 25,000-mark, surges 333 pts as clamour for rate cut rises
Mar 21, 2016 at 17:38 | Source:
Domestic equity markets remained in the thick of action after last week's splendid rally, with hopes of a rate-cut by the central bank gaining traction helping the benchmark Sensex and Nifty end above the crucial levels of 25,000 and 7,700-mark, resp...
SBI starts auction of Vijay Mallya's Kingfisher House in Mumbai
Mar 17, 2016 at 12:47 | Source:
Mumbai: Lenders to long-grounded Kingfisher Airlines, owned by beleaguered businessman Vijay Mallya, on Thursday began auctioning the KFA headquarters Kingfisher House situated near the domestic airport in Mumbai.The property, with a built-up area ...
Bad loans: Bullish Edelweiss ARC eyes 40% rise in AUM in FY17
Mar 16, 2016 at 22:16 | Source:
Mumbai: With a large chunk of bad loans likely to be put on block by banks following RBI's assetquality review, Edelweiss Distressed Asset Resolution Business (EDARB) is bullish about its business and looking at a 40 percent increase in asset under m...
Vijay Mallya case: Six banks send probe reports to ED
Mar 15, 2016 at 21:27 | Source:
New Delhi/Mumbai:The Enforcement Directorate (ED) has got probe reports from half-a-dozen banks, out of the total 17, in connection with its money laundering investigation in the IDBI bank loan default case against beleaguered businessman Vijay Mally...