The Maharashtra cabinet on Thursday cleared a proposal that offers an option of availing the Old Pension Scheme (OPS) to the state government employees who joined the service after November 2005.......
The Enforcement Directorate on Tuesday raided multiple premises in Mumbai, Pune and Surat in connection with a money laundering probe against ABG Shipyard Ltd in an alleged Rs 22,842 crore bank......
The Congress on Sunday accused those sitting in the highest echelons of power in the Narendra Modi government of complicity, collusion and connivance in what it described as "India's biggest bank......
Ashish Lata Ramgobin, the 56-year-old great-granddaughter of Mahatma Gandhi in South Africa, has been sentenced to seven years in jail by a Durban court in a six-million rand ($442,000) fraud and......
Public sector banks (PSBs) have delivered significant outperformance over the past three years and the sector has been re-rated. Illustration: Uttam Ghosh/Rediff.com Given the growth and......
'They have since only tried to improve systems. Also, with regulatory guidance from time to time, we are in a position to assess a situation and react in time.' Photograph: Rupak De......
Moody's Ratings on Thursday raised India's GDP growth forecast for FY24 to around 8 per cent from 6.6 per cent on the back of strong domestic consumption and capital expenditure. Illustration:......
It is 10 years since Bandhan Financial Services became the first microfinance institution (MFI) to receive the universal bank licence. Photograph: Rupak De Chowdhuri/Reuters A year later, in......
As the fight for deposits intensifies, the cost of money will rise and the margin will be under further pressure, points out Tamal Bandyopadhyay. Illustration: Dominic Xavier/Rediff.com ......