The Central Bureau of Investigation has filed an FIR against Maharashtra MLA and sugar baron Ratnakar Gutte and Gangakhed Sugar and Energy Limited for an alleged bank fraud of Rs 409.26 crore,......
When elected on July 18 -- which is almost a certainty, given the NDA's numbers in the electoral college -- Droupadi Murmu will be the first President born after Independence. IMAGE: Droupadi......
'Raising the entire amount in one go may not be prudent, given the market dynamics.' UCO Bank has set a recovery target of Rs 2,700 crore - Rs 3,000 crore for the current financial year,......
State Bank of India-led public sector banks posted a record cumulative profit of Rs 49,456 crore in the second quarter of the current fiscal, reflecting a 9 per cent year-on-year growth despite two......
Bad loans in the agriculture sector remain elevated, with several public-sector banks (PSBs) reporting higher slippages in the April-June quarter of FY26. Illustration: Dominic Xavier/Rediff For......
At a time when the finance ministry is focusing on addressing employee grievances, the number of employees in most public-sector banks (PSBs) has declined over the last three financial years,......
State Bank of India (SBI), the largest lender in the country, has launched a share sale to institutional investors to raise upto Rs 25,000 crore, the biggest qualified institutional placement (QIP)......
IMAGE: The CBI received information that "a network of individuals involved in cricket betting are influencing the outcome of Indian Premer League (IPL) matches based on inputs received from......