Kolkata-based United Bank of India, which had earlier declared Kingfisher Airlines and its four directors, including Mallya as wilful defaulters, on Tuesday identified UBHL, the guarantor of the grounded Kingfisher Airlines, also a wilful defaulter.
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Bata came up with new brands to beat industry competition.
Banks have swung into action as gold prices continue to slide. Reduced loan-to-value ratio (LTV), cautious lending, and a close monitoring of the gold loan portfolio have prompted them to hedge their loan books against the reduction in prices.
Between April and September 2014, the central govt released Rs 13,618 cr to states, against Rs 24,676 cr in the same period last year.
Customers using e-commerce websites are young and techno-savvy.
Even as State Bank of India, the country's largest lender, has decided to charge its customers for more than five transactions through automated teller machines (ATMs), private sectors banks continue to be on a wait-and-watch mode.
Bandhan expects to commence banking operations in 2015, by opening nearly 600 branches targeting 10 million customers.
The new Companies Act that came in to force qualified the money mobilised by jewellery companies as deposits and as a result they had to discontinue such schemes.
SBI's number of foreign offices increased from 186 in March 2013 to 190 in March 2014, in 36 countries.
A senior RBI official said the regulator was focusing on performance of banks' statewise and in each district.
In an interview with Business Standard, Arundhati Bhattacharya says she expects stalled projects coming back on track in two quarters.
Banks, through the Indian Banks' Association, have urged RBI and credit information companies to maintain a database of wilful defaulters.
SBI, ICICI Bank and PNB reduce interest rate for loans above Rs 75,00,000
These numbers show overall exposure and are not a reflection that all loans are going to be impacted.
Reliance Retail would be exposed to implementation and execution risks in its expansion plans.
The Reserve Bank of India's ongoing inspection of the book of accounts of Syndicate Bank is unconnected with last week's arrest of S K Jain, its chairman and managing director.
Frequent bans on Indian food products by the EU have prompted the Indian government to invite the officials of the EU Food and Veterinary Office to let them assess the food safety standards followed by India.
Analysts say TCS's total dividend outgo in 2014-15 is likely to cross Rs 11,500 crore (Rs 115 billion), given its policy of paying quarterly dividends.
In the 12-month cycle starting July 2013 and ending June 2014, World Bank had made financial commitments close to $5.2 billion in India.
Rush to offload bad loans indicates a revival in asset-sale market
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