The RBI wants to enforce more transparency in public sector banks. Manojit Saha The Apex bank wants the government t oreduce stakes in PSUs.
If the EC decides to put on hold a gas price revision for RIL, it would set a precedent for pricing decisions of the government and policy decisions taken but undergoing procedural delays.
The government appointed panel will look at the difficulties consumers faced in receiving the subsidy after buying gas cylinders at market rates.
Govt notification on $8.4 a unit price likely by month-end
The RBI needs to maintain a healthy contingency reserve so that it can lend its support in case of a bank failure.
Gas price hike seems to be a distant dream for Reliance Industries and its partners--Niko Resources and BP.
The Jalan panel has recommended to the RBI to keep shady entities out of banking licence race.
The Finance Ministry has asked top rung exectives of United bank of India to furnish bad loan recovery report on daily basis.
Though most foreign banks appear reluctant to establish a subsidiary here, Citi is the only bank that has so far communicated this to the regulator, in writing.
The Reserve Bank of india is likely to tell state-run United Bank of India (UBI), which has seen erosion of capital due to bad loans and higher provisioning to implement prompt corrective action.
Telecom department says spectrum can't be used as collateral because it's government property
For 2014-15, the bill on this account is likely to be 12.8% more than in 2013-14.
Banks have taken this aggressive posture even as liquidity has become comfortable on the back of increased government spending.
The govt auditor also indicts DGH and management committee of D1 and D3 fields
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A rule change may make Nachiket Mor, among others, eligible to replace Chakrabarty.
M Veerappa Moily's takeover of the environment & forests ministry last month, it appears, is turning out to be a blessing for Coal India Ltd (CIL), the world's largest coal producer.
Say 30 days not enough to resolve stress; want higher provision norms deferred till economy picks up
This comes even after the Indian ambassador there had said this would affect the interests of other Indian companies.
The likely solution that appears before the AAP government is to seek for a higher quota of domestic natural gas for Delhi, which would bring down auto and cooking gas prices.
Ministry to propose a new subsidy mechanism to cap upstream firms' share.
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