Govt proposes key changes to insolvency law

Govt proposes key changes to insolvency law

The government on Wednesday proposed a slew of changes to the insolvency law, including fast-trackin..

Govt receives multiple bids for majority stake in IDBI Bank

Govt receives multiple bids for majority stake in IDBI Bank

The government has received preliminary bids for a majority stake in IDBI Bank. While no names ..

Govt, RBI discussing cross-border rupee trade with South Asian nations

Govt, RBI discussing cross-border rupee trade with South Asian nations

The government and the central bank are in discussion with South Asian countries to have cross-borde..

SEBI allows govt stake in IDBI Bank to be reclassified as ‘public’

SEBI allows govt stake in IDBI Bank to be reclassified as ‘public’

Capital markets regulator SEBI has allowed the government’s shareholding in IDBI Bank to be reclassi..

Govt hikes interest rate on small savings; PPF rate unchanged

Govt hikes interest rate on small savings; PPF rate unchanged

The government has increased the interest rates on eight small savings schemes in the range of 20-11..

Govt debt rises to Rs 147 trn in Q2

Govt debt rises to Rs 147 trn in Q2

The total government debt increased to Rs 147.19 lakh crore at September-end from Rs 145.72 lakh cro..

Govt plans tax waivers for buyer of IDBI Bank

Govt plans tax waivers for buyer of IDBI Bank

In order to make the bid to buy a majority stake in IDBI Bank attractive to more suitors, the govern..

Govt, RBI take steps against Chinese loan apps

Govt, RBI take steps against Chinese loan apps

Government departments and the Reserve Bank of India (RBI) are taking coordinated steps to check Chi..

IDBI Bank sale: Govt extends date for submission of EoI

IDBI Bank sale: Govt extends date for submission of EoI

The government has extended the deadline to submit expressions of interest (EoI) for buyout of its 6..

Govt to allow foreign funds to own majority stake in IDBI Bank

Govt to allow foreign funds to own majority stake in IDBI Bank

The Indian government will allow a consortium of foreign funds and investment companies to own over ..

PNB gets govt nod to divest entire stake in UTI AMC

PNB gets govt nod to divest entire stake in UTI AMC

State-owned Punjab National Bank (PNB) has received the government nod to divest its entire stake in..

Govt appoints 10 executive directors for public sector banks

Govt appoints 10 executive directors for public sector banks

The government has approved the appointment of ten executive directors in various public sector bank..

Govt extends tenure of public sector bank MDs to 10 years

Govt extends tenure of public sector bank MDs to 10 years

Aiming to provide stability at the top and retain talent, the government has raised the maximum tenu..

Govt to exit Axis Bank with 1.55% stake sale via OFS

Govt to exit Axis Bank with 1.55% stake sale via OFS

The Specified Undertaking of the Unit Trust of India (SUUTI), under the Union government, will sell ..

Govt seeking $7.7 bn value for IDBI Bank in stake sale

Govt seeking $7.7 bn value for IDBI Bank in stake sale

The government is looking for a valuation of Rs 640 billion ($7.7 billion) for IDBI Bank, which will..