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Home » Archives by category » Governance » BFSI (Page 3)

Public Sector banks lost at least Rs 30,873.86 crore to frauds in 4 years

Public Sector banks lost at least Rs 30,873.86 crore to frauds in 4 years

New Delhi: March 26, 2016 THE 26 public sector lenders, which are expecting a Rs 25,000 crore government bailout in the coming financial year have lost at least Rs 30,873.86…

Will tackle bank stress problem at its core: Jaitley

Will tackle bank stress problem at its core: Jaitley

New Delhi, March 18  Finance Minister Arun Jaitley said on Monday that his government will find a lasting solution to the financial stress of banks by addressing issues at the…

India’s star shines bright in global gloom, says IMF chief Christine Lagarde

India’s star shines bright in global gloom, says IMF chief Christine Lagarde

PTI New Delhi: March 12, 2016 Appreciating continuing reform process in the country, IMF chief Christine Lagarde on Saturday said “India’s star shines bright” amid global economic challenges and can…

Gujarat tops the list of states with most investment potential

Gujarat tops the list of states with most investment potential

PTI New Delhi: March 10, 2016 Gujarat has topped the list of 21 states with most investment potential that has been drawn up by economic think-tank NCAER. Gujarat is followed…

Government to digitally connect rural post offices by March 2017

Government to digitally connect rural post offices by March 2017

New Delhi: March 6, 2016 The government will digitally connect all rural post offices by March 2017, Parliament was informed. “Government is digitally connecting all 1,29,323 gramin dak sewak post…

Budget has given RBI space to cut rates: Jayant Sinha

Budget has given RBI space to cut rates: Jayant Sinha

New Delhi, March 3: The union budget 2016-17, with the target of holding the next fiscal’s deficit at 3.5 percent of GDP, has given space to the Reserve Bank of…

4 R : Recognition, Recapitalization, Resolution, and reform required for PSBs

4 R : Recognition, Recapitalization, Resolution, and reform required for PSBs

ICTpost News Network New Delhi: Feb 27, 2016 The Economic Survey 2015-16 tabled in Parliament by the Union Finance Minister Arun Jaitley presents an optimistic picture of Indian economy stating…

Promotion of Payments through cards and digital means 

Promotion of Payments through cards and digital means 

New Delhi: Feb 24, 2016 The Union Cabinet chaired by the Prime Minister Narendra Modi has given its approval for introduction of steps for promotion of payments through cards and…

More than 5K jobs are expected to be created by 130 start-ups in one year

More than 5K jobs are expected to be created by 130 start-ups in one year

New Delhi: Feb 21, 2016 Start-up companies in India are expected to raise $700 million and create 5,000 jobs in next 12 months, as per India Startup Outlook Report 2016…

Government to inject more funds into state banks as bad loans soar

Government to inject more funds into state banks as bad loans soar

PTI   Mumbai/New Delhi     Last Updated: February 18, 2016 The government is preparing to pump in a higher-than-anticipated capital sum into poorly performing state banks, sources said, a…