Deposits worth about Rs 21K crore mobilised under PMJDY

Last Updated: Wednesday, August 12, 2015, 19:59

Banks have mobilised deposits worth close to Rs 21,000 crore from the accounts opened under the Pradhan Mantri Jan Dhan Yojana, the Finance Ministry said Wednesday.

Economy would regain over 8% growth soon: President

Last Updated: Monday, July 27, 2015, 21:14

President Pranab Mukherjee on Monday expressed the hope that economy would regain growth rate of over 8 percent soon and the country's USD 350 billion-plus foreign reserves put India in a comfortable position to deal with global challenges.

How to put the Greek economy on the path of recovery

Last Updated: Friday, July 3, 2015, 10:37

No matter the solution found for Greece`s debt crisis, fixing problems in Greek tax structures, foreign investment flows and export activity must take place for the economy to start growing again.

Oil prices mixed in Asian trade

Last Updated: Friday, May 8, 2015, 09:56

WTI tumbled $1.99 in New York and Brent closed down $2.23 in London

RBI warns against fraudulent 'all bank balance enquiry app'

Last Updated: Saturday, April 11, 2015, 17:58

Cautioning public against a fraudulent bank account mobile app in its name, the Reserve Bank on Saturday said it has not developed any such application.

ED attaches Rs 101 cr bank balance in Speak Asia case

Last Updated: Wednesday, April 8, 2015, 14:58

The Enforcement Directorate (ED) has attached over Rs 101 crore worth of bank balance in connection with its money laundering probe in the Speak Asia online marketing scam case.

SEBI eases rules for banks to convert bad loans to equity

Last Updated: Sunday, March 22, 2015, 20:19

Mumbai: Indian banks will be able to convert distressed loans owed by listed companies into equity stakes, the Securities and Exchange Board of India (SEBI) said on Sunday, in a move that will allow lenders to reduce bad loans weighing on their balance sheets.

FDI in services sector up 44% during Apr-Dec

Last Updated: Sunday, March 8, 2015, 10:35

With government taking steps to improve the ease of doing business and attracting foreign investments, FDI inflows into the services sector grew by 44 percent to USD 2.29 billion in the April-December period of the current fiscal.

India's real GDP growth to near 7%: Standard & Poor's

Last Updated: Monday, February 23, 2015, 13:15

Ratings agency Standard & Poor's said India's real GDP growth will near 7 percent by 2017.

Loan recast: Rajan spurns bankers call for extension

Last Updated: Tuesday, February 3, 2015, 18:09

Virtually rejecting the demand for extending the loan restructuring window beyond April 1, RBI Governor Raghuram Rajan on Tuesday said the practice of forbearance should end to increase investor confidence in banks' balance sheets.

India may see current account surplus after 7 years: Nomura

Last Updated: Monday, January 19, 2015, 19:20

Thanks to a steep fall in global crude oil prices, India may report its first current account surplus in over seven years at 1.5 percent of GDP in the ongoing quarter, leading brokerage Nomura said Monday.

DCB Bank eyes Rs 10K cr loan book by March, December quarter net up 17%

Last Updated: Tuesday, January 13, 2015, 22:50

The bank closed the quarter with a loan book of Rs 9,491 crore taking its balance sheet to Rs 14,807 crore, up from Rs 11,989 crore a year ago, recording a growth of 24 percent.