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CVC awaits sanction to prosecute 100 govt officials

 It has been over four months since the Central Vigilance Commission (CVC) has been awaiting sanction to prosecute nearly 100 central government employees, including Indian Administrative Service......

India needs world-class banks; in talks with RBI, lenders: Sitharaman

 Finance Minister Nirmala Sitharaman on Thursday said the country needs big and world-class banks, and discussions are on with the Reserve Bank and lenders in this regard. Photograph: ANI Photo......

Privatisation of banks unlikely to hurt national interest: FM

 Finance Minister Nirmala Sitharaman on Tuesday allayed apprehension that privatisation of state-owned banks would hurt financial inclusion and national interest. Photograph: ANI Photo She said the......

Oriental Bank of Commerce to take over GTB

 The crisis-ridden Global Trust Bank would be merged with Oriental Bank of Commerce, the Reserve Bank of India said on Monday. Oriental Bank of Commerce on Monday also announced it would take over......

Oriental Bank of Commerce firms up

 The market proved tenacious in afternoon trades on buying interest in Old Economy and FMCG stocks. In addition, renewed buying was observed in banking stocks. In contrast, disappointment from......

Govt infuses Rs 10,882 crore in four PSBs

 The government has already announced infusion of Rs 10,086 crore in Bank of India, Rs 5,500 crore in Oriental Bank of Commerce and Rs 2,159 in United Bank of India. Illustration: Dominic......

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