In an interview with Moneycontrol, Rajat Verma, MD and Head of commercial banking India, HSBC, said the share of PSBs in large corporate lending will reduce over next 5 years.
Fadnavis was responding to a discussion in the Assembly, initiated by Leader of Opposition Radhakrishna Vikhe Patil, who lauded the farmers participating in the 'Kisan Long March' for their peaceful protest while demanding a complete loan waiver and compensation for hailstorm and pink bollworm pest attack on crops.
These notices have been issued under the Prevention of Money Laundering Act have been sent based on information received by FIU.
The agitating farmers who began the 180 kilometer march from Nashik have reached Azad Maidan in Mumbai and they plan to surround the state assembly later today. In an interview to CNBC-TV18, Girish Kuber, Editor of Loksatta spoke about the ramifications for the state.
Under the ISA framework as many as 32 countries have ratified the agreement, while 30 have joined the group of nations, which aim to promote solar energy as means of development particularly in developing nations.
The prime minister, Uttar Pradesh Governor Ram Naik and Chief Minister Yogi Adityanath received the French president and his wife Brigitte at the airstrip here. The prime minister and the French president pressed a button to energise the solar panels and dedicated the 75 MW facility to the people.
"The government will present the first e-Budget in the Assembly and each legislator will be provided with a tablet (computer) with details of the Budget," Sarma told reporters here.
The farmers plan to surround the Assembly complex to press for their demands of an unconditional loan waiver, and transfer of forest land to tribal farmers who have been tilling it for years.
"This government is incapable of doing anything," the MNS chief said, addressing thousands of farmers who rested at Somaiya Ground in Sion area after reaching the city this evening.
Prime Minister Modi will receive the French President, who will arrive by a special plane at the Lal Bahadur Shastri International airport on Monday morning, the official said.
There is all round criticism that the RBI should have supervised banks better
Chidambaram said that instead of dealing with a business problem and finding a business solutions, a political twist, a legal twist was given to it. The result was that today the power and telecom sectors are 'in a shambles," he said.
A total of seven major projects were unveiled by the chief minister during his visit to Ludhiana today.
Setting aside the earlier order of the National Company Law Tribunal, Delhi, the NCLAT has extended the 'Long Stop Date' for the scheme of demerger of the companies to March 31, 2018.
The meeting would also assess the impact of delay in refund process on exports and manufacturing, sources said. The issue of refunds to exporters has been hanging fire for over five months now, with exporters complaining that delay in GST refunds has blocked their working capital.
Milk production in the country increased by 20 percent from 137.7 million tonnes to 165.4 million tonnes between 2014 and 2017, Minister of Agriculture and Farmers' Welfare Radha Mohan Singh has said.
The percentage of respondents reporting low production has come down to 11 percent in the fourth quarter from 15 percent in the preceding quarter, FICCI added.
This blog will keep track of key global and local developments impacting business and markets through the day. Important local and global political developments will also find resonance here.
There is a great opportunity for partnerships between India and France across various areas, Prabhu said at the Indo-French Economic Partnership signing ceremony.
The US recently imposed hefty tariffs on imported steel and aluminium, citing national security concerns and the need to protect American industries from "unfair" business practices, triggering fears of a global trade war.
Inflated margins and price gouging are quite prevalent in Indian private healthcare market.
"Not sure why Indian markets seem so perturbed by the threat of global tariff wars. Small, export focused countries stand to lose. Countries with large domestic economies can easily withstand tariff threats. The world needs access to the fastest-growing large economy-India," Mahindra said in a tweet.
This bleak future will be characterised by 9.6 degrees Celsius increase in mean surface air temperature, nearly 10 times the warming we have seen to this point.
Addressing a National Legislators Conference on "We for development" at Parliament's Central Hall, he spoke about social justice in the context of all-round development of 115 most backward districts identified and dubbed by his government as "aspirational".
I am very bullish on India. The recent numbers clearly indicate that the growth momentum is coming back particularly on the industry front, said KV Kamath, President of New Development Bank.