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.
The Civil Aviation Ministry is looking to increase air seat entitlement to Dubai by 20%.
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
Regulator believes Jet Airways deal triggers open offer
GVK Skycity's 20-million sq ft commercial space will be bigger than that in BKC; bids invited for first phase.
Banks have taken this aggressive posture even as liquidity has become comfortable on the back of increased government spending.
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A rule change may make Nachiket Mor, among others, eligible to replace Chakrabarty.
DGCA asks those likely to be affected by a scheduled air operator's permit to the airline to give suggestions, objections within 30 days.
Say 30 days not enough to resolve stress; want higher provision norms deferred till economy picks up
But the Abu Dhabi-based airline would first bolster its own network with traffic from India before Jet's turnaround.
At least five state-run banks on central bank's radar for lax credit appraisal
The transformer factory in Canada contributes about three per cent to the company's total sales.
Acquisitions, slowdown put infra major in a spot, with bankers okaying debt restructuring.
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About 12 other lenders with combined exposure of Rs 1,200 crore likely to follow
Though a formal purchase agreement with Boeing is yet to be signed, SpiceJet's order size could be of 40-50 planes, a source familiar with the development said. At list price, a 737 Max aircraft is valued at about $100 million (Rs 620 crore).
Under the hybrid-till model, a portion of non-aeronautical revenue (commercial revenue) at the airport is taken into consideration while fixing the landing and parking charges, user fees and other aeronautical charges.
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