Gross non-performing loans as a percentage of total loans rose to 0.97 per cent in the December quarter from 0.91 per cent in the previous three months
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So, are Financial Budgets dead? Probably not dead, but certainly in an 'ICU', atleast from a classical budgeting standpoint.
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The government has decided to pay the participating banks a total commission of 2.5 per cent, including 1.5 per cent handling charges, for the first year
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Mobile wallet player FreeCharge on Thursday (21 January) launched its new virtual card 'FreeCharge Go', in partnership with Yes Bank and powered by MasterCard.
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The harsher-than-expected cuts are among the most sweeping worldwide culls by an investment bank in recent years
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Goldman has struggled as plummeting oil prices, concerns about China's economy, and nervousness about the timing and pace of US interest rate increases weigh on credit markets
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Christine Lagarde's initial five-year term as managing director expires on July 5, and IMF executive board member Aleksei Mozhin says he expects the board to complete its selection process by early March
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The RBI has asked banks to treat some loan accounts as non-performing even if they haven't yet delayed payments beyond 90 days
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AIIB wanted to avoid the patron of allotment of posts followed by the BRICS New Development Bank, under which posts were decided by rotation, says an Indian official
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The wealth management unit and the first bank branch for start-ups will begin operations from technology hub Bengaluru
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