Analysts say there is still no visibility of earnings improvement.
The Survey shows fiscal consolidation despite slowdown in growth.
Indians want change and progress. They should be willing to accept tough decisions, says Sanjeev Nayyar.
Taking exception to Health Minister Harsh Vardhan not mentioning the death of healthcare workers due to Covid-19 in his statement in Parliament, the Indian Medical Association has published a list of 382 doctors who died due to the viral disease and demanded that they be treated as "martyrs".
A section of analysts feel now may not be a bad time to buy select PSBs.
The Central Bureau of Investigation has started a preliminary enquiry looking into the Rs 950 crore (Rs 9.5 billion) alleged bad loan given by IDBI Bank to Kingfisher Airlines ignoring the company's negative credit ratings and net worth.
The repo rate has been unchanged since January, when the RBI increased it by a quarter percentage point.
Markets crashed due to domestic worries; bluechip stocks tanked too.
Banks want lower provisioning burden on recast debt, interest on cash reserve ratio deposits.
The banking sector's credibility is on thin ice. Unless the government takes strict steps, things could get worse.
Only six sectors are likely to report good set of numbers in Q4 FY15.
Group policies are more suitable for diabetics; these are negotiable & flexible.
Raghuram Rajan's 'surgery' uncovers more bad loans
ICICI Bank extended yesterday gains, rising 10% in two trading sessions
The S&P BSE Sensex plunged 301 points to close at 25,490 and the Nifty50 fell 86 points to end at 7,815.
Nifty 50 firms' net profit estimated to grow by a modest 3.1% in Q2, reports Krishna Kant.
Through the past 12 months, the Bank Nifty has risen 55%
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
Apart from streamlining loan processing, most public sector banks charge lower interest rate, an aspect which seems to be game changer.
SBI leads a 17-member consortium of lenders that is trying to recover dues running into over Rs 7,500 crore (Rs 75 billion) in principal alone from Kingfisher Airlines.
The committee's suggestion that existing commercial banks be allowed to hold payment banks as subsidiaries is also seen as unviable by RBI and the finance ministry.
Vijay Mallya on Wednesday gave a proposal to the Supreme Court to repay around Rs 4,000 crore (Rs 40 billion) loan to banks by September this year.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
Prabhu-led advisory group also suggests JVs with mining and infra firms.
In a proposal to FinMin, the Banks Board Bureau suggests asset sales to PSUs within a deadline to recover bad loans.
The finance ministry is working on a Cabinet note for establishing a full-fledged Public Debt Management Office, officials told Business Standard.
A decline in the real estate sector, rising debt and the company's alleged involvement in 2G scam caused damage to the business and its image.
Banks have taken this aggressive posture even as liquidity has become comfortable on the back of increased government spending.
The fuel reforms are a very important signal of the government's commitment to tough economic reforms.
The RBI cut rates for third time in 2015 due to favourable economic conditions.
The estimated cost breakdown is one of the most important forms in the construction loan package.
23 Nifty companies reported an annual decline in net profit.
On Tuesday, Finance Minister P Chidambaram had more than adequately made clear that the government would be allocating Rs 14,000 crore through Budget, the Financial Services Secretary said.
While Modi must worry about the electoral backlash of bailing out state-owned banks, China's communist rulers face fewer constraints.
Despite the rating agency CARE withdrawing the ratings assigned to the bank facilities of FIPL "with immediate effect" following the receipt of a no-objection certificate (NOC) from the banks, Modi's company received uninterrupted letters of undertaking (LoUs) from PNB, which were honoured by other banks until a few weeks ago.
Enforcement Directorate is jointly probing the case.
The CBI has shared its findings with the Enforcement Directorate.
Banks are in need of government support to manage the stressed assets
Market breadth continued to remain strong, with 1899 gainers and 674 losers on the BSEs.
Bankers said the mammoth task of cleaning up the PSBs and improving their health will be a mammoth task for any chief executive.
