Punjab National Bank detects $1.8 bn fraud at a Mumbai branch
Mumbai : Punjab National Bank, the second largest public sector bank in India, has detected a $1.8 billion fraud in...
Business
Government proposes allowing premature closure of PPF account
New Delhi, Feb 13 (IANS) The government on Tuesday proposed to allow premature closure of Public Provident Fund (PPF) accounts...
Balancing interests of farmers, consumers to be tough: Assocham
New Delhi : Providing farmers a minimum support price (MSP) of 1.5 times the input cost and reining in inflation...
Growth of India’s factory output slows in December
New Delhi : The growth of India's factory production slowed in December to 7.1 per cent from a rise of...
India’s retail inflation for January eases to 5.07%
New Delhi : India's retail inflation for January has eased down to 5.07 per cent compared to 5.21 per cent...
India to buy first stake in Abu Dhabi oil fields for $600 mn
Abu Dhabi : Prime Minister Narendra Modi's second visit to the UAE has resulted in an Indian consortium gaining stake...
Bank recapitalisation will boost lending: Arun Jaitley
New Delhi : Finance Minister Arun Jaitley on Saturday said the government's move to recapitalise public sector banks (PSB) would...
First part of Budget session ends, Parliament to reconvene on March 5
New Delhi : The first part of Parliaments Budget session concluded on Friday with Union Finance Minister Arun Jaitley having...
UCO Bank loss widens to Rs 1,016.43 cr in Q3
Kolkata : State-run UCO Bank on Friday reported a loss of Rs 1,016.43 crore for the quarter ended December 31,...
SBI posts net loss of Rs 2,416 crore in Q3
Mumbai : India's largest bank, State Bank of India (SBI), on Friday said it closed the third quarter of the...
