The collection of mostly small and medium sized businesses is a hotchpotch of ventures and include design schools, schools, villas for hire in Goa and a country club in Gurgaon.
Employees of the State Bank of India will go on an indefinite strike countrywide from Monday demanding enhanced pension package.
'Today, we are at a striking distance of the goals set by the Tarapore Committee,' he said.
It is difficult to say if the banking sector will see the worst behind it by March 2020, warns Tamal Bandyopadhyay.
The government has given sanction for prosecution against PNB executive director Sanjiv Sharan as part of the clean up exercise in the system.
A glance back at some important events that occurred in 2018.
'If I close my housing loan, are there any investment avenues (the investment should provide liquidity) to save tax?'
The divestment target remaining unchanged, from the 2019-20 interim Budget, this year means the Centre will now have to depend on non-tax revenue sources like dividends from the RBI, PSBs and PSUs, as there are real concerns of a tax revenue shortfall. The fiscal deficit target of 3.4% of GDP for 2019-20 is likely to be retained as well.
'The approach towards Mallya is not right because his unit could have been turned around earlier with additional funds from his side and the bank's side.'
Show-cause notices have been issued to 18 multinationals including Samsung, LG, Daewoo Motors, Japan Airlines and Marubeni for alleged violation of foreign exchange regulations, Rajya Sabha was informed on Tuesday.
Reduce the government stake in public sector banks to 33 per cent, recommends A K Bhattacharya
If you looked back at 2018 and had to give it a name, the Year of Limitations might be the most accurate.
The second fortnight of September saw Rs 3 lakh crore of time deposits, something unique, followed by liquidation of Rs 1.2 lakh crpre of these right after.
'Opportunity for a country like India is huge in terms of wealth creation.' 'That's the reason India is an attractive economy for investors.'
'Nobody will wait now. Everyone will come to deposit their old notes. The confidence is shaken.'
The combined entity is set to be the third largest bank in India, behind State Bank of India and ICICI Bank.
The abolition of wealth tax is again a welcome step.
Isha was the custodian of the cash at the time it was being placed in the ATM.
Tata, 78, who retired as Tata Group Chairman nearly four years back, justified his return for "maintaining stability and continuity of leadership" and promised to give the group "a world-class leader" when a fulltime boss is appointed.
Chief Minister MK Stalin has shown that he is cut from a different cloth when it comes to embracing what is current, modern and absolutely necessary. Thus, even while retaining the spirit and content of the pan-Tamil, Dravidian socio-political and socio-economic ideology to the 't', his government has also acknowledged the need to accepting scientifically-proven facts in operational matters, says N Sathiya Moorthy.
Timely preparation and picking the right questions will help you crack these examinations and secure a job.
Maharashtra and West Bengal lead the way in bank fraud.
Earlier, while presenting the Budget on February 1, Finance Minister Arun Jaitley had proposed to cap cash transactions at Rs 300,000 with effect from April 1.
Disgruntled executives are already pinning hopes on the new banks, too.
The Enforcement Directorate has stepped up its probe into a foreign exchange violation case against former Indian Premier League boss Lalit Modi.
Reserve Bank Governor Bimal Jalan on Monday held a meeting the bankmen's unions in order to address the problems faced by the bank employees in issuing clean currency notes to the public.
'The question is, how soon we can expect to re-attain the pre-lockdown levels of output and income.'
The first of a two-part series explores how the proceedings under the IBC have taken off and whether the code is helping banks recover their unpaid loans
'Our first great challenge is to create 12 million new jobs each year, to make the demographic dividend an economic dividend.' 'We are nowhere near that,' points out Mohan Guruswamy.
The bosses of SBI, Union Bank and Central Bank have been driving down to their offices everyday to take stock of the biggest loan drive ever undertaken for MSMEs, discovers Tamal Bandyopadhyay.
Little attention is paid to the management of currencies and coins in India.
Beware: During the period that you avail of the moratorium, there would be no repayment of interest or principal. Thus, the outstanding will go up substantially for this period as a consequence
On Wednesday, the rupee had dropped by 26 paise.
The Insolvency and Bankruptcy Code (IBC) got a leg-up with Tata Steel's acquisition of Bhushan Steel, the first big case to be resolved. Tata Steel CEO & MD T V Narendran tells Ishita Ayan Dutt how this deal moved so quickly while others are still mired in controversies.
Those who have been handed the pink slip shouldn't make too many loan queries, advises Raj Khosla.
'Today, three areas give banks a big headache -- steel, power, infrastructure.' 'Three Cs are very critical in lending -- character, capacity and collateral of the borrower.'
The interviewer wants to know you beyond your resume and wants to gauge if you'd be an asset to the company.
The Budget emphasises on capacity building and empowerment of marginalised sections of society including farmers.
Protect yourself and minimise such frauds by following these simple rules
