Finance news

PS Jayakumar, MD and CEO attributed the loss to accelerated provisioning for some accounts and ageing provisions of `900-1,000 crore for the two large NPAs of Bhushan Power and Steel and Alok Industries.

Negative Rates Push Small Japan Banks Into Structured Finance  Yahoo FinanceShizuoka Bank Ltd. has lined up a network of 40 local lenders that will invest in structured assets such as project finance and non-recourse real estate loans.

Modi govts finance sector goals: Towards less cash and policy clarity  Business StandardPush digital cash further and give policy clarity to anxious e-commerce and tech companies — this was the brief given to the bureaucracy nearly four months ...

Six suggestions for the new finance minister  Business StandardRead more about Six suggestions for the new finance minister on Business Standard. Some unsolicited advice for a government with brute majority and nation's ...

Former Finance Minister Arun Jaitley's Death Hoax Floods Twitter  The India SagaArun Jaitley Death Hoax - The rumors spreading former Finance Minister Mr. Arun Jaitley's death has flooded the micro-blogging site, Twitter, on Sunday ...

With the new government taking charge this week, top-level and senior appointments to financial institutions that are pending for months are expected to be cleared soon, sources said.

Finance Ministry to launch ETF with bank stocks, fin institutions this fiscal  LivemintNew Delhi: The finance ministry is planning to launch an exchange traded fund (ETF) consisting of stocks of PSU banks and financial institutions this fiscal and ...

The ad shows three children dressed in the colours of each bank creating a symphony on stage for an audience comprising parents and grandparents — the bank’s core target.