International UAE. Saudi Arabia. US Elections World News. Rate Story. Font Size Abc Small. Abc Medium. Abc Large. Takru, a batch officer of the Gujarat cadre, will take over the new position from April 1 after incumbent Sumit Bose retires on March ETPrime stories of the day Logistics How sustainable supply chains helped companies stay afloat in the pandemic. Subscribe to ETPrime. Browse Companies:. Find this comment offensive? This will alert our moderators to take action Name Reason for reporting: Foul language Slanderous Inciting hatred against a certain community Others.
Your Reason has been Reported to the admin. Rajan effect on rupee to continue this week: analysts. Analysts and heads of treasuries at banks have opined that the Rajan effect' - the impact of the measures unveiled by new Reserve Bank of India Governor Raghuram Rajan - will continue to play out in the forex market this week as well. RBI zeroes in on 5 for panel to screen applications for new banks: report. Finance Ministry seeks relaxation in selection norms for SBI chief post.
The Finance Ministry has sought relaxation in the eligibility norms for selection of State Bank of India SBI chairman so as to have more candidates to interview for the top post at the country's largest bank. Government ups LIC's investment cap to 25 per cent under special circumstances. The Finance Ministry said on Wednesday that public-sector insurance behemoth Life Insurance Corporation LIC can increase its investment in companies up to 25 per cent from the current 20 per cent under special circumstances.
Finance Ministry asks banks to have independent corporate debt restructuring oversight panel. To restrict the use of loan restructuring mechanism only to deserving cases, the Finance Ministry on Thursday asked bankers to have an independent oversight committee that will vet the corporate debt restructuring CDR applications.
Deep Dive Into Cryptocurrency. ET Markets Conclave — Cryptocurrency. Reshape Tomorrow Tomorrow is different. Let's reshape it today. Corning Gorilla Glass TougherTogether. ET India Inc. ET Engage. ET Secure IT. Nabard chief rules out NPA bubble in regional rural banks Nabard today said the regional rural banks RRBs will be able to maintain their gross non-performing assets this fiscal at the last year level of 6 per cent.
Ratan Watal is new Finance Secretary, new team takes charge Ahead of beginning of work on the Budget for , government today designated Ratan P Watal as new Finance Secretary even as a new team of officials took charge at the finance ministry. New team takes charge at finance ministry ahead of budget process Ahead of beginning of work on the Budget for , a new team at finance ministry today took charge of key portfolios.
All News Videos Photos. Bank NPAs to improve following CCI project approvals: Top Finance Ministry official Banks are likely to see some improvement on bad loans once stalled projects that are being cleared by the Cabinet Committee start picking up. SBI panel says nothing irregular in loan sanctioned by Deputy MD Shyamal Acharya Acharya, who headed the mid-corporate group for the bank, was alleged to have facilitated the sanction of a loan against some favours.
Cash-for-loan scam: Rajiv Takru says SBI MDs report by weekend Takru said it is wrong to blame the high bad assets in state-run banks to corrupt and lax practices in the loan appraisal process. Dena Bank to raise Rs crore through QIP The Finance Ministry had last month cleared the Rs 14, crore capital infusion plan for the public sector banks to improve their capital base. FinMin warns wilful defaulter again; asks banks to nail them Reiterating its stance on wilful defaulters, the Finance Ministry today asked banks to take stern action against such companies.
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