Move comes at a time when RBI has identified at least 12 stressed accounts for starting bankruptcy proceedings against defaulters Source: Livemint.com (http://www.livemint.com/rss/industry)
Overall, private sector banks performed better than public sector banks in survey by Banking Codes and Standards Board of India Source: Livemint.com (http://www.livemint.com/rss/industry)
Demand for Indian assets is rising after the Reserve Bank of India (RBI) last week lowered its inflation forecasts for the year ahead Source: Livemint.com (http://www.livemint.com/rss/industry)
Farm loan waivers impact public sector banks the most due to their high exposure to agriculture and farmer loans Source: Livemint.com (http://www.livemint.com/rss/industry)
Reliance Communications is reaching out to potential acquirers for the GCX business, as the Indian carrier explores further asset divestments to pay down debt Source: Livemint.com (http://www.livemint.com/rss/industry)
Not all telecom firms want a bailout . Reliance Jio is believed to have told the inter-ministerial panel that its rivals such as Airtel should invest more equity Source: Livemint.com…
Infosys CEO Vishal Sikka met finance minister Arun Jaitley amid industry-wide concerns over tighter visa norms in key markets like the US and layoffs in the IT sector Source: Livemint.com…
The recent friction between the RBI and the Narendra Modi government over a controversial rate call offers up a test case of central bank independence Source: Livemint.com (http://www.livemint.com/rss/industry)
Merger of retail loan portfolio of associate banks with the parent bank is likely to worsen the latter’s asset quality, a sign that bad loan clean-up is not yet over…
Indian Oil, Bharat Petroleum and HP are losing Rs1,500 crore every quarter due to discounts to customers purchasing fuel using cards, mobile wallets Source: Livemint.com (http://www.livemint.com/rss/industry)
