Banking Sector Reform

In an Q&A, ADB Chief Economist Albert Park tells that countries in region may not be able to carry on with large expenditures and social transfers meant for pandemic, given rising debt burden

The central bank observed that despite the financial literacy drive it undertook, cases of frauds continue to rise

India's sole IDR ceases to exists next week; unfavourable regime with regards to taxation, trading and fungibility, and high cost of disclosures and listing, spelled death knell for StanC's IDR

Loans in the retail segment contracted 2.5 per cent to Rs 24.90 trillion

Home Credit India said it was a tough decision and the organization is trying its best to help the impacted people in getting securing new opportunities

Rating agency says moratorium extension, easing of working capital loan limits

With loan growth and asset quality likely to take a hit, FY21 earnings estimates are coming under the knife

It said BoB is likely to be the resulting entity post-merger and will become the third-largest Indian bank

The existing employees will not be affected by the merger, said d Vijaya Bank's Managing Director and Chief Executive Officer R A Sankara Narayanan

The merger will create India's third-largest lender

Centre was confident of disinvestment proceeds comfortably overshooting the Budgeted Estimate, says Arun Jaitley