Bank Debt Proposal Poses a Test for Regulators
[ad_1] (Bloomberg Opinion) — Banks borrow to finance most of their business. But when those loans can be pulled almost instantly – as was the case with Silicon Valley Bank’s…
SC sets aside CBI probe order against seven banks in Simbhaoli Sugars loan case
[ad_1] The Supreme Court on Monday overturned a directive that the Central Bureau of Investigation (CBI) should look into why seven banks gave Simbhaoli Sugars, an Uttar Pradesh-based company, several…
PSU banks surge on PM’s pat
[ad_1] MUMBAI: State-owned banks were among the 25 most actively traded counters on NSE on Wednesday after Prime Minister Narendra Modi commended the performance of public sector enterprises in his…
Ram Temple consecration: From schools to banks, what will remain shut tomorrow?
[ad_1] Ahead of the Pran Pratishtha ceremony of the Ram Lalla idol in Ram Mandir in Ayodhya, the central government has declared a half-day on Monday. Following this path, several…
Corporates are investing through cash accruals, not loans: K.V. Kamath
[ad_1] On the India growth story I think we have clearly proven several things to ourselves that we could ride, first, the covid crisis, because it now looks like it…
PMJDY has 510 mn accounts with ₹2.08 trillion deposits up to Nov: Minister Karad
[ad_1] The number of bank accounts under the nine-year-old Pradhan Mantri Jan Dhan Yojana (PMJDY) has crossed the 500-million mark with total deposits exceeding ₹2 trillion, Union minister of state…
SBI chief Dinesh Khara’s tenure extended till August 2024: Report
[ad_1] The tenure of Dinesh Khara, the chairman of State Bank of India (SBI), has been extended till August 2024, news agency Reuters reported on October 5, citing government sources…