Latest News on Financial Institutions
Showing of 0 - 10 from 35 results
Financial Institutions - Total results - 35
Feb 06, 2019
Finance Ministry expects Rs 69,000 cr in dividend from RBI in 2019-20; central bank has transferred Rs 40,000 cr this fiscalThe receipt from various sources, including RBI dividend, helps government meet fiscal deficit target.
Dec 04, 2018
RBI's ownership norms for private lenders impeding expansion of large financial institutions: CEPRThe report blamed the complex ownership rules for the lack of interest among Indian institutions to set up new banks.
Nov 05, 2018
State Bank of India puts up 11 non-performing assets for sale to recover Rs 1,019 croreState Bank of India said the e-auction of these NPA accounts will take place on 22 November
Jul 19, 2018
FRDI Bill: Govt scrapping it is good news for depositors; but India needs stronger laws to handle banks that go brokeThe government could have retained the FRDI Bill, tweaking the controversial provisions
Dec 12, 2017
FRDI Bill: Govt will fully protect public deposits, says finance minister Arun JaitleyArun Jaitley made the comment to allay concerns with regard to a provision in the Financial Resolution and Deposit Insurance (FRDI) Bill, 2017, first introduced in the Lok Sabha in August this year and currently undergoing scrutiny by a joint parliamentary committee
Dec 11, 2017
FRDI Bill: Arun Jaitley alleys fears about bail-in provision, says govt will fully protect public depositsThe draft FRDI Bill empowers Resolution Corporation to cancel liability of a failing bank or convert nature of liability.
Oct 07, 2017
Bots set to change the rules of BFSI; will put substantial capabilities in the hands of consumersBots, powered by ample compute cycles and memory as well as the rapid advances in AI, will put substantial capabilities in the hand of the consumer.
Sep 06, 2017
Jaypee Infratech insolvency case: Supreme Court is walking a tight rope as home buyers enter the frayReal estate companies should be treated as an exemption on Section 53 of the bankruptcy code and home-buyers should be given some higher priority in repayments
Mar 01, 2017
Vijay Mallya PMLA case: Court nod to ED to attach Rs 4,200 crore assetsIn September last year, the ED had issued the order, under the provisions of the Prevention of Money Laundering Act (PMLA), to attach the various properties including flats, a farmhouse, shares and Fixed Deposits (FD) among others in the name of Mallya and associated firms.
Nov 22, 2016
R3 CEV, the blockchain start-up cuts funding target to $150 million from $200 millionBlockchain company R3 CEV has reduced the amount it aims to raise from bank members in its first large round of equity funding to $150 million from $200 million and is changing the structure of the deal, according to a person familiar with the plans.