PNB's asset quality has improved over the last two years, after a debilitating corporate bad loan cycle between 2011 and 2019 ...

Due to this, Indian stock market has carried a special trading session on Saturday. Amidst the Budget enthusiasm, brokerage Mehta Equities believe auto, financial, infra and defence are among sectors ...

Punjab National Bank aims to recover 170 billion rupees in bad loans this financial year, focusing on large corporate accounts. In the December quarter, the net profit more than doubled due to ...

Setty highlighted the impact of the digital economy on Indian banking, emphasizing the need for improved risk management and consumer protection amidst rising cyber threats and the adoption of AI ...

India's second largest state-run lender by assets, aims to recover bad loans worth 170 billion rupees ($1.96 billion) this financial year, with about one-third of that expected during the ...

BHUBANESWAR: The Reserve Bank of India (RBI) has imposed a Rs 4 lakh penalty on Odisha State Co-operative Bank (OSCB) Ltd for non-compliance with certain provisions of Banking Regulation Act, 1949.

The Economic Survey 2023-24 revealed that real average monthly wages for both self-employed and salaried workers are lower than 2017-18 levels. Male self-employed workers saw a 9.1% wage drop, while ...

The Economic Survey for 2024-25 called for a sensitive approach to building institutions to deal with the potential impact of ...

The Survey pointed out that despite Indian companies achieving a stable Ebitda margin of 22% over the last four years, wage growth has moderated. This uneven growth trajectory raises critical concerns ...

According to RBI regulations, banks are closed on the second and fourth Saturdays of every month, along with all Sundays.

PSU stocks in focus as Budget 2025 nears, with key sectors like banking, energy, and telecom poised for potential gains amid ...

Chief Economic Adviser Anantha Nageswaran painted a stark picture of how Indian corporates are compensating their workers and ...