Last Updated: Friday, January 9, 2015, 19:22
Reserve Bank Governor Raghuram Rajan on Friday hailed the government direction to state-run banks to act without fear or favour and ignore extraneous considerations in their commercial operations.
Last Updated: Saturday, January 3, 2015, 20:35
Prime Minister Narendra Modi`s administration last year approved a plan to pare the government`s stake in state lenders to up to 52 percent to help them meet their capital needs.
Last Updated: Wednesday, December 24, 2014, 17:02
Two fertiliser units at Talcher in north-central Odisha for a cost of some $1.5 billion received the Cabinet nod Wednesday to primarily augment the domestic supplies of urea, to be jointly executed by four state-run companies.
Last Updated: Friday, December 12, 2014, 20:33
State-owned banks are likely to continue to raise funds through additional Tier-I capital to meet the Basel III norms even as the government plans to pare its holdings in such financial institutions, says a report.
Last Updated: Friday, November 28, 2014, 17:15
The gross NPAs of state-run lenders stood at 4.72 percent of total advances at the end of March 2014.
Last Updated: Saturday, December 14, 2013, 20:04
During his three stints in the finance ministry, running into eight years, he has never interfered with the working of a bank, Chidambaram said.
Last Updated: Friday, November 22, 2013, 15:50
Union Bank of India on Friday raised Rs 2,000 crore through issuing bonds that are compliant with the global banking norms, Basel III.
Last Updated: Thursday, November 21, 2013, 20:09
The Reserve Bank on Thursday expressed concern over the deteriorating capital positions of public sector banks, though their capital adequacy remains above the statutory requirement.
Last Updated: Thursday, July 4, 2013, 19:17
Calcutta HC directed the West Bengal government to make available leading newspapers in state-run and aided public libraries.
Last Updated: Friday, December 7, 2012, 13:27
Pakistan`s state-run airline has sacked four pilots who had logged thousands of flight hours for possessing fake degrees, officials have told a parliamentary panel.
Last Updated: Friday, August 31, 2012, 21:27
Delay in implementing 16 hydro power projects by four state-run generators, including NHPC and SJVN, resulted in cost overruns of more than Rs 14,700 crore, CAG said on Friday.
Last Updated: Sunday, August 5, 2012, 15:47
The website www.odepc.kerala.gov.in will feature jobs in both the private and public sector in the country besides numerous overseas employment vacancies.
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