Airtel Payments Bank gets scheduled bank status

Airtel Payments Bank gets scheduled bank status

Airtel Payments Bank has got the status of a scheduled bank. The Reserve Bank of India (RBI) on Tues..

Fiscal deficit target may come under strain, says RBI

Fiscal deficit target may come under strain, says RBI

The government may find it hard to contain fiscal deficit at the budgeted 6.8% this financial year, ..

PMC depositors pick holes in RBI’s amalgamation scheme

PMC depositors pick holes in RBI’s amalgamation scheme

The depositors of fraud-hit Punjab and Maharashtra Co-operative (PMC) Bank want their money to be pa..

Paytm gets RBI nod to function as scheduled payments bank

Paytm gets RBI nod to function as scheduled payments bank

Payments Bank Limited (PPBL), a unit of leading digital payments firm Paytm, has got the Reserve Ban..

RBI unveils draft scheme for PMC Bank; depositors to get full amount over 10 years

RBI unveils draft scheme for PMC Bank; depositors to get full amount over 10 years

PMC Bank depositors of above Rs 5 lakh will get back their full amount but over a period of 10 years..

Former SBI chairman arrested in loan scam case

Former SBI chairman arrested in loan scam case

Former State Bank of India (SBI) chairman Pratip Chaudhuri  was arrested from his home in Delhi..

Why PNB Housing Finance scrapped Rs 4,000-cr Carlyle deal

Why PNB Housing Finance scrapped Rs 4,000-cr Carlyle deal

Running into controversy and fearing prolonged legal hurdles, PNB Housing Finance has scrapped the R..

NCLT directs Zee board to hold meet on Invesco’s plea

NCLT directs Zee board to hold meet on Invesco’s plea

The National Company Law Tribunal (NCLT) has directed Zee Entertainment Enterprises Ltd (ZEEL) to ho..

Invesco moves ZEEL to NCLT over EGM date for CEO’s ouster

Invesco moves ZEEL to NCLT over EGM date for CEO’s ouster

Invesco has moved the National Company Law Tribunal (NCLT) against Zee Entertainment Enterprises Ltd..

SC urges NCLT, NCLAT to adhere to IBC timelines

SC urges NCLT, NCLAT to adhere to IBC timelines

The Supreme Court has urged the insolvency courts to strictly adhere to the timelines stipulated und..

Jet Airways’ rescue plan set for delay as PNB moves NCLAT

Jet Airways’ rescue plan set for delay as PNB moves NCLAT

The Jet Airways rescue plan has hit an air pocket with Punjab National Bank (PNB) alleging gros..

RBI resuscitates NBFCs through LTROs

RBI resuscitates NBFCs through LTROs

The Reserve Bank of India’s long-term repo operations (LTRO) helped resuscitate the non-banking fina..

SAT's split verdict likely to land Carlyle-PNB Housing deal in SC

SAT's split verdict likely to land Carlyle-PNB Housing deal in SC

With the Securities Appellate Tribunal (SAT) giving a split verdict in the plea filed by PNB Housing..

Sale of two PSU banks deferred to next fiscal

Sale of two PSU banks deferred to next fiscal

The government may defer the sale of two public sector banks to next financial year as the procedura..

Kerala co-op bank hit by Rs 100 cr scam

Kerala co-op bank hit by Rs 100 cr scam

A co-operative bank in Kerala’s Thrissur district has reportedly embezzled Rs 100 crore in a loan sc..