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Income Tax is very serious about tax evasion!

Income Tax is very serious about tax evasion!

Mon, Sep 23, 2024

Hinduja Group under major investigation, Hinduja Group on the radar of Income Tax Department, very serious income tax allegation regarding tax evasion, know the complete details in this video.

How much further improvement in asset quality?

How much further improvement in asset quality?

Mon, Sep 23, 2024

Conversation with Ajay Kanwal, MD & CEO of Jana SFB, discussion on business and sector outlook, how will be the profit growth going forward? How much further improvement in asset quality?

J&K Bank presented strong results, where is J&K Bank's focus for growth?

J&K Bank presented strong results, where is J&K Bank's focus for growth?

Mon, Jul 29, 2024

What was the reason for growth in NIM? Where did the reduction in NPA and improvement in asset quality come from? Where is J&K Bank's focus for growth? What is the outlook regarding deposit growth? Watch Anil Singhvi's exclusive conversation with Baldev Prakash, MD & CEO of J&K Bank.

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Sebi asks banks to disclose divergence in asset classification

Sebi asks banks to disclose divergence in asset classification

Tue, Jul 18, 2017

Giving another helping hand to RBI, market watchdog Sebi has asked banks to disclose divergence in asset classification to the stock exchanges in their financial audits.

CVC monitors CBI probe in top bank frauds, including Vijay Mallya

CVC monitors CBI probe in top bank frauds, including Vijay Mallya

Sun, Jul 02, 2017

The Central Vigilance Commission (CVC) is supervising CBI's probe in 10 top bank fraud cases, including one involving fugitive businessman Vijay Mallya, and says bankers need have no fear if their decisions are bonafide.

Fitch affirms eight banks' IDRs as 'stable'

Fitch affirms eight banks' IDRs as 'stable'

Tue, Jun 27, 2017

Fitch Ratings on Tuesday that it has affirmed Issuer Default Rating (IDR) of eight Indian banks.

These two companies stand to gain immensely if India goes ahead with steel sector bankruptcies

These two companies stand to gain immensely if India goes ahead with steel sector bankruptcies

Mon, Jun 26, 2017

RBI said, "The Internal Advisory Committee (IAC) recommended for IBC reference all accounts with fund and non-fund based outstanding amount greater than Rs 5000 crore, with 60% or more classified as non-performing by banks as of March 31, 2016. The IAC noted that under the recommended criterion, 12 accounts totaling about 25% of the current gross NPAs of the banking system would qualify for immediate reference under IBC."

RBI warns banks to resolve 55 NPA accounts in 6 months

RBI warns banks to resolve 55 NPA accounts in 6 months

Fri, Jun 23, 2017

The Reserve Bank of India has directed the banks to find solutions for 55 NPA accounts within 6 months or face Insolvency and Bankruptcy Code. Earlier, the RBI had identified 12 NPA accounts for insolvency proceedings. Watch full video to know more.

India Inc's owes Rs 27 lakh crore in loan payments

India Inc's owes Rs 27 lakh crore in loan payments

Thu, Jun 22, 2017

Despite reporting positive performance in FY17, India Inc still faces hard time repaying its debt. Outstanding loan funds reached to Rs 26.5 lakh crore in FY17.

Demonetisation Impact: Housing credit growth falls to 16% in FY17, says Icra

Demonetisation Impact: Housing credit growth falls to 16% in FY17, says Icra

Wed, Jun 21, 2017

The overall housing credit growth in India declined by 16% to Rs 14,400,00 crore in FY17 as compared to Rs 12,400,00 crore in FY16 on account of demonetisation in the second half of the last year, which resulted in decline in number of new project launches with investors deferring their purchase decisions.

TOP TEN: Farmers 'Ache Din' in 3-4 months!

TOP TEN: Farmers 'Ache Din' in 3-4 months!

Mon, Jun 19, 2017

Sensex and Bank Nifty close week at a positive record level. PMO calls a meeting to review steps to deal with NPA's. Watch to know the top 10 news of the business world. About Zee Business --------------------------

Department of Telecom asks Centre to cut its revenue target from the sector

Department of Telecom asks Centre to cut its revenue target from the sector

Mon, Jun 19, 2017

Department of Telecom has asked for a revise in non-tax revenue targets for the current fiscal.

RBI's NPA resolution move is credit positive, Moody's says

RBI's NPA resolution move is credit positive, Moody's says

Mon, Jun 19, 2017

The Reserve Bank of India's (RBI) move last week to resolve 12 borrowers responsible for a quarter of total non-performing assets (NPAs) of Indian banks is credit positive, ratings agency Moody's Investors Services said on Monday.

RBI identifies 12 major defaulters for insolvency, their total NPAs count 25%

RBI identifies 12 major defaulters for insolvency, their total NPAs count 25%

Wed, Jun 14, 2017

The internal advisory committee of Reserve Bank of India has identified 12 major defaulters for insolvency that covered about 25% of the banking system’s non-performing assets (NPA). It will identify 38 more such accounts. About Zee Business --------------------------

Rising NPA pulls down bank stocks

Fri, Jun 09, 2017

Know stock market sector wise performance and analysis today. Watch full video to know more!

Banks would have to wait more before seeing revival in asset quality

Banks would have to wait more before seeing revival in asset quality

Thu, Jun 08, 2017

NPAs are the primary issue in Indian banking system presently. A host of moves have been taken by RBI and government but these problems are far from over.

Prompt Corrective Action doesn't constraint bank's normal operations: RBI

Prompt Corrective Action doesn't constraint bank's normal operations: RBI

Tue, Jun 06, 2017

The RBI today said its prompt corrective action (PCA), initiated in case of some public sector banks with high NPAs, is a supervision tool and does not constrain normal banking operations for the public.

LIC earns total investment income of Rs 1.80 lakh crore in FY17

LIC earns total investment income of Rs 1.80 lakh crore in FY17

Sun, May 21, 2017

LIC has earned a total investment income of Rs 1,80,117 crore in FY17 through investment in government bonds and state development loans, interest, corporate bond interest, dividend income and profits on sale of equity.

Macro economic data has reached new heights in last 3 years, says HDFC's VC & CEO Keki Mistry

Macro economic data has reached new heights in last 3 years, says HDFC's VC & CEO Keki Mistry

Tue, May 16, 2017

HDFC's VC and CEO Keki Mistry in an one-on-one interview with Zee Business said that India is poised to be amongst the most significant economic countries in the world along with China and US.

We will reassess the NPA situation in 4-6 months: Arvind Panagariya

We will reassess the NPA situation in 4-6 months: Arvind Panagariya

Sat, May 06, 2017

We will reassess the NPA situation in 4-6 months: Arvind Panagariya. Watch the full segment for more details.

NPA Ordinance will ensure that current status quo doesn't continue: FM

NPA Ordinance will ensure that current status quo doesn't continue: FM

Sat, May 06, 2017

NPA Ordinance will ensure that current status quo doesn't continue: FM

President gives nod to ordinance on banks' non-performing assets

President gives nod to ordinance on banks' non-performing assets

Fri, May 05, 2017

President Pranab Mukherjee has given his nod to the ordinance dealing with the banking sector`s non-performing loans and the amendment to the Banking Act, television channels reported on Friday.

Affordable housing safer bet for lenders with under 1% NPA: Cibil

Affordable housing safer bet for lenders with under 1% NPA: Cibil

Wed, May 03, 2017

Cibil on Wednesday said loans meant for affordable housing has shown a robust 23% CAGR over the past five years, while the delinquency rate has been firmly under control at around 1%.

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