'I suspect the recovery that the banks are going to get out of this IBC is not going to be more than 30 per cent.' 'If you leave the steel industry aside, the recovery rates are not looking very, very healthy,' Jairam Ramesh tells the Rajya Sabha.
The federal probe agency wants to question and record Ayyub's statement in a money laundering case against her.
Delhi Police on Monday announced a reward of Rs 1 lakh for information leading to the arrest of two-time Olympic medallist Sushil Kumar and nine others in connection with the murder of former junior national wrestling champion Sagar Rana earlier this month.
Earlier during the day, the agency carried out searches at two premises of Mishra in Kolkata in connection with the case but could not find him there
'If there is a technical issue and the borrowers can resolve it within 30 days, you don't have to go through the bankruptcy court.' 'If the borrower is expecting a large disbursal of a facility or expecting a payment or receivables, in such cases it becomes practical to give a window for taking care of such circumstances. 'If banks had aggregated the assets and benefited with a long relationship with borrowers and now when assets get into a trouble, it is incumbent on banks to find resolution and take responsibility.'
The CBI had sought the sanction of the government to prosecute the international human rights organisation because of mandatory clause of Section 40 of the FCRA.
Several hospitals in the last few days have asked their healthcare workers staying in hotels during the quarantine period to vacate rooms immediately failing which the charges paid for their overstay would be deducted from their salaries. As per the Union health ministry guidelines issued on May 15, healthcare workers serving in COVID-19 areas do not need to undergo quarantine unless there has been violation in the use of PPE or any other form of high-risk exposure or they have symptoms suggestive of coronavirus infection.
The 36-year-old actor was stopped by the immigration authorities at the Mumbai airport on the basis of a Look Out Circular (LoC) issued by the federal probe agency, they said.
Observing that it never wanted Sharma to visit every court for relief, the bench issued notices to the Centre and several states including Delhi, West Bengal, and Maharashtra on her plea and sought their responses by August 10.
The RBI now brings in important and contentious changes directly through voluminous Master Directions, or Master Circulars
'I knew that since I would be designing for Sanjay Leela Bhansali's film, the aesthetics would have to be correct.' 'He doesn't show poverty in his films.' 'He won't show someone standing on the streets in phate hue kapde.'
A special Indian team is camping in Manitoba to assist ongoing investigations by Canadian agencies and to render any consular services for the victims.
The top three companies in terms of the largest value of physical shares showed over 30 per cent shares are held in physical form. Two of the top three were part of the S&P BSE Sensex and the Nifty50 indices.
Begin your day with these easy yoga poses.
Arthi Raghuram, founder of Deyga Organics shares simple tips to keep your skin healthy.
Prompt measures and legal actions taken by the Indian government and PNB helped in securing the extradition of diamantaire Nirav Modi by the UK on Friday, a senior official said. UK Home Secretary Priti Patel on Friday signed off on the order to extradite Nirav Modi, wanted in India on fraud and money laundering charges related to the estimated USD 2-billion Punjab National Bank (PNB) scam case. According to the government official, a scam of this magnitude had potential to create instability in the financial sector but the deft handling saved the entire public sector banking space from the crisis and litigation.
A day after she was stopped from flying abroad, the Enforcement Directorate (ED) summoned actor Jacqueline Fernandez to appear before it for questioning in a money laundering investigation against alleged conman Sukesh Chandrashekhar and others, officials said on Monday.
Is the worst over for Indian banks? The past two years saw them ride on treasury trades as deposits soared and credit growth dipped sharply. Gross and net non-performing assets (NPAs) moved south, and the provision coverage ratio (PCR), capital buffers, and profitability indicators are back at pre-pandemic levels. So, what's the plot ahead?
CBDT circular issued last month had raised multiple taxation concerns.
Risk is difficult to evaluate, warns Harsh Roongta.
Speaking to PTI, Vaishnaw said that the telecom reforms package cleared by the Cabinet is adequate for the survival of existing players, and will ensure robust competition in the sector. With more reforms, and more structural changes, that are in the pipeline, "more players should come", he added.
Celebrity yogini and wellness entrepreneur Ira Trivedi tells you how to protect your skin and hair from harmful chemicals in the most natural way.
His brother Nishal, a Belgian citizen, also left the country on January 1, while wife Ami, a US citizen, and business partner Mehul Choksi, the Indian promoter of Gitanjali jewellery chain, departed on January 6, the officials said.
Finance Minister Nirmala Sitharaman on Tuesday said the government is working out a new Bill on cryptocurrency which will be placed in the ongoing session of Parliament after approval of the Union Cabinet. The ongoing winter session is scheduled to end on December 23. Replying to a series of questions in the Rajya Sabha, she said the new Bill takes into account the rapidly changing dimensions in virtual currency space, and incorporate features of the earlier Bill that could not be taken up.
Objectionable social media posts against ministers, members of Parliament and the state legislature, other elected representatives and government officials shall be counted as cyber crime and warrant penal action, says a missive issued by a top police official in Bihar.
Bankers said they are looking outside the bankruptcy courts and will be able to resolve a few debts in the power sector before January-end.
The onus will be on Manu Bhaker, Yashaswini Singh Deswal in women's 10m air pistol, and the men's 10m air rifle duo of Divyansh Singh Panwar and Deepak Kumar to bring India success on the second day of shooting event at Tokyo Olympics on Saturday.
According to RBI's circular, cases of frauds involving more than Rs 25 crore and up to Rs 50 crore should be given to the CBI's Banking Security and Fraud Cell
The Dyson Pure Hot + Cool is expensive but worth the price. It clearly differentiates itself from similar machines in both looks and performance, says Khalid Anzar.
The new-look Sardar Patel Stadium in Motera's newly installed LED floodlights will eliminate shadows making it easier to spot the aerial balls during the upcoming day-night Test between India and England, starting February 24.
As lobbying and counter-lobbying intensify, right now, it looks like a T20 match, discovers Tamal Bandyopadhyay.
Given the pressure from India Inc and the banking fraternity, it is surmised that the portfolio rejig will take place before April.
'There is no need to do anything, let your SIPs get deducted every month, and stick to your allocation between equity, fixed income and emergency funds and your risk covers.'
The Ministry of Home Affairs amended its guidelines on October 12 to include the chairman, managing director or chief executive officer of each public sector bank on the list of authorities who can issue requests for opening look-out circulars against whom an FIR is yet to be filed.
'India should start leveraging rather than banning crypto.'
The NDA government will be following the footsteps of its predecessor, the UPA, which had introduced the concept of "loan mela" to boost credit by directing banks to lend to people through public meetings.
A bench comprising Chief Justice J S Khehar and Justice D Y Chandrachud allowed Karti to be accompanied by a lawyer at the CBI headquarters during the questioning.
'There are some high-frequency indicators where uptick is visible and some where it is not'
The threshold for identification of BOs of FPIs on controlling ownership interest is 25 per cent in case of companies and 15 per cent in case of partnership firms
The newly-appointed chairman of State Bank of India (SBI) Dinesh Khara on Wednesday said maintaining quality loan book, safety of employees and customers will remain his top most priorities. Khara, who took charge on Wednesday, said the bank will continue to strive for even better customer experience.
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