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Will defence ministry okay Anil Ambani's Reliance Naval?

Warship building projects worth at least Rs 630 billion have ground to a standstill.The defence ministry has halted tendering in wait for a government decision on whether to allow, or to exclude,......

Deed done, now to make mega bank merger work

'We can’t have the best of both worlds -- large, efficient, world class government-owned banks, doing social banking and making profits. 'Why not set them free from the shackles of such......

Jet lenders give third extension for EoI to Aug 31

After the August 10 deadline, South American conglomerate Synergy Group Corp reportedly evinced interest in the airline, forcing the RP to seek lenders' nod to extend the deadline to August 31.The......

As revival hopes fade, Jet creditors' claims zoom

Naresh Goyal-owned group companies, including the airline's general sales agent in India and abroad, and a car rental firm, are among those who have filed claims. Only Jet Privilege’s claims......

MFs witness sizeable churn due to corporate defaults

Half a dozen stocks from the large-cap universe and over two dozen from the mid-cap universe have been replaced. Illustration: Dominic Xavier/Rediff.com The large- and mid-cap universe for equity......

How old private banks are reinventing themselves

Unlike in the past, when old private banks compromised upon underwriting standards to take on the bulk, they’ve now realised that scaling up at the cost of quality isn’t worth the......
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Centre took ₹10.5-lakh crore from LIC’s deposits, alleges Congress

The Congress has accused the Centre of putting the LIC in crisis by using policy holder’s money to save IDBI Bank. Party spokesperson and senior... ...

https://www.thehindubusinessline.com/news/national/centre-took-105-lakh-crore-from-lics-deposits-alleges-congress/article29450999.ece
Deed done, now to make mega bank merger work

'We can’t have the best of both worlds -- large, efficient, world class government-owned banks, doing social banking and making profits. 'Why... ...

http://www.rediff.com/money/column/deed-done-now-to-make-mega-bank-merger-work/20190918.htm
IDBI Bank repo-linked retail loans effective from Oct 1

9 05:10:18 PM Mumbai, Sep 9 (IANS):State-run IDBI Bank on Monday said the introduction of repo-linked retail loans would be effective from October... ...

https://www.daijiworld.com/news/newsDisplay.aspx?newsID=622903
August Service Sector Activity Index, Falling Gold Imports, and Top Cues in Focus Today

Posted by Equitymaster On Wednesday, Indian share markets witnessed buying interest during closing hours and ended higher. The BSE Sensex closed... ...

http://feeds.equitymaster.com/~r/TodaysMarket/~3/u4dT3rrqj_Q/tm.asp
Care Ratings says 17 banks have bad loan ratio above 10%

banks had NPA of less than 2% and eight had between 2-5% and five between 5-10%. IDBI Bank, UCO Bank and Indian Overseas Bank had NPA ratio of... ...

https://www.hindustantimes.com/business-news/care-ratings-says-17-banks-have-bad-loan-ratio-above-10/story-NDeA9cuysV32VZ7vlScSyJ.html

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