'Banks to recover 48% from NPA accounts in RBI list'

The haircut for major banks stands at 52 per cent, if the dues of Jaypee Infrastructure, Lanco Infrastructure and Era Infrastructure are kept out of the calculation. Illustration: Uttam......

Govt splits CMD post, names chiefs for 4 PSU banks

The appointments will be for 3 years or till the date of superannuation, which ever is earlier. In a departure from the past, the government on Wednesday split the post of chairman and managing......

FinMin mulls splitting CMD post for PSU banks

Finance Ministry on Monday said it is considering bifurcation of the post of Chairman and Managing Director in public sector banks to strengthen corporate governance in the light of recent cases of......

Syndicate Bank scam: Is the 'middleman' evading arrest?

A special CBI court on Friday ordered issuance of process for the presence in court of alleged middleman Purushotam Totlani, who is evading arrest in connection with the Syndicate bank bribery......