Category: Business

Japan postal giant board to resign over fraud scandal

Tokyo, Dec 25 (SocialNews.XYZ) The board of the Japanese postal and financial conglomerate Japan Post Holdings plans to resign on…

6 years ago

US stocks end mixed in Christmas Eve trade

New York, Dec 25 (SocialNews.XYZ) The three major US stock indexes ended mixed in a shortened Christmas Eve session on…

6 years ago

RBI introduces new prepaid payment instrument

Mumbai, Dec 25 (SocialNews.XYZ) The Reserve Bank has introduced a new type of prepaid payment instrument (PPI) which could be…

6 years ago

Bharat Bond ETF mops up Rs 12,400 crore on debut offer

New Delhi, Dec 24 (SocialNews.XYZ) Bharat Bond ETF, India's first corporate bond ETF, has fetched Rs 12,400 crore from its…

6 years ago

Banks’ exposure to sensitive sectors up at 23.5%: RBI

Mumbai, Dec 24 (SocialNews.XYZ) Banks' exposure to sensitive sectors that comprise capital market, real estate and commodities edged up to…

6 years ago

Date for filing ITRs extended to Jan 31 in J&K, Ladakh

New Delhi, Dec 24 (SocialNews.XYZ) In a big relief to the common people in Kashmir Valley, the Central Board of…

6 years ago

Access market for funds, not govt recaps, RBI tells banks

Mumbai, Dec 24 (SocialNews.XYZ) The financial health of public sector banks (PSBs) should increasingly be assessed by their ability to…

6 years ago

Centre mulls use of methanol-blended fuel to cut import bill

New Delhi, Dec 24 (SocialNews.XYZ) In a bid to reign in India's increasing oil import bill, the Union government is…

6 years ago

FPIs turn sellers for the first time in 10 days

Mumbai, Dec 24 (SocialNews.XYZ) Foreign Portfolio Investors (FPIs) turned sellers for the first time in 10 days, offloading Rs 114…

6 years ago

Retail loans lending fraught with risks, RBI warns banks

Mumbai, Dec 24 (SocialNews.XYZ) The RBI has warned the banks on retail lending with a stress on household leverage and…

6 years ago

PSBs account for over 50% of bank frauds & amounts: RBI

Mumbai, Dec 24 (SocialNews.XYZ) Public sector banks (PSBs) accounted for the bulk of frauds reported in 2018-19, with 55.4 per…

6 years ago

Ex-Maruti MD Jagdish Khattar case: PNB yet again victim of fraud

New Delhi, Dec 24 (SocialNews.XYZ) State-run Punjab National Bank (PNB) is yet again in the news in connection with "fraud"…

6 years ago

Allow us to resign without serving notice period: AI pilots’ body

New Delhi, Dec 24 (SocialNews.XYZ) With uncertainty looming large over the fate of Air India, the airline's pilot union has…

6 years ago

Ex-Maruti MD Khattar booked for Rs 110 cr bank loan fraud

New Delhi, Dec 24 (SocialNews.XYZ) The CBI on Tuesday said it has registered a case against former Maruti Udyog Managing…

6 years ago

NPAs decline, banks’ profitability rises in H1: RBI

Mumbai, Dec 24 (SocialNews.XYZ) The banking sector has showed improvement with the gross non-performing assets (GNPA) ratio of Scheduled Commercial…

6 years ago

Cabinet approves ordinance for amendment to IBC

New Delhi, Dec 24 (SocialNews.XYZ) The Union Cabinet on Tuesday approved a proposal to promulgate an ordinance for the amendment…

6 years ago

MUmbai-based Eduisfun draws Rs 200cr investment, Big B steps in

Mumbai, Dec 24 (SocialNews.XYZ) Mumbai-based edtech startup Eduisfun Technologies Pvt. Ltd. on Tuesday said it received investment of Rs 200…

6 years ago

Bank credit growth slowdown a concern, says RBI

Mumbai, Dec 24 (SocialNews.XYZ) Despite the overall improvement in banking performance continuing during the first half of 2019-20, a slowing…

6 years ago

Around 20% space in co-working centres remain vacant: Report

New Delhi, Dec 24 (SocialNews.XYZ) Although co-working spaces have made a significant mark in the tier-I and tier-II cities, a…

6 years ago

Cabinet okays ‘Protocol to Amend’ India, Switzerland ASA

New Delhi, Dec 24 (SocialNews.XYZ) Union cabinet has approved the "Signing of Protocol" to amend the air services agreement (ASA)…

6 years ago



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