Page 14 - Harsh Kumar

CoC to meet on JSW-Bhushan case in 3 days: PNB MD & CEO Ashok Chandra

The Committee of Creditors (CoC), led by Punjab National Bank in the case of Bhushan Power and Steel Ltd (BPSL), will be meeting with other lenders

Govt steps up vigil as cyberattacks rise since Pahalgam terror attack

Tells Cert-in, banks, power stations to be on high alert

Punjab National Bank Q4 results: Net profit rises 51.7 % to ₹4,567 cr

Punjab National Bank reported a 51.7 per cent rise in Q4FY25 profit as lower NPAs, higher retail credit and strong digital growth boosted overall performance

Surprise visit by DFS secretary M Nagaraju shows behavioural lapses at PSBs

He was made to wait for an hour to meet the manager in one bank, and in some other PSB branches, he found the behaviour of officials "unsatisfactory"

'Stay ethical, avoid temptation': FM Sitharaman's advice to UPSC achievers

Finance Minister Nirmala Sitharaman addresses 2024 UPSC batch in Chennai, urging officers to uphold integrity, avoid unethical gains and specialise early in their careers

Over 1,700 money laundering cases under trial: ED chief Rahul Navin

He attributed the delay in prosecution to the broader issue of slow judicial processes in the country

Make UPI robust to prevent disruptions, FM Nirmala Sitharaman tells NPCI

UPI, India's real-time payments system, faced a fourth glitch in more than two weeks on April 12

FinMin prods banks to speed up rollout of Pradhan Mantri Surya Ghar scheme

PMSGMBY is a solar energy scheme for both rural and urban households

Probe agency ED searches 8 places in Delhi-NCR in case against FIITJEE

Residence of Dinesh Kumar Goel, managing director of company, among places investigated: Sources

Finance ministry plans unified portal for govt-sponsored schemes

This is set to boost efficiency and reduce redundancy while providing greater convenience to bank functionaries implementing these schemes, said a senior government official

FinMin pushes banks to boost farm loans against e-warehouse receipts

So far, only eight banks have joined the NCGTC for credit guarantee coverage, while 26 banks have signed up for the e-KUN portal which is part of the Jansamarth portal

ED attaches Rs 121.8 cr worth assets of Neomax Group in Rs 8,000 cr scam

The attached properties, located across Tamil Nadu, have an estimated market value of around Rs 600 crore

FinMin to hold high-level talks on 'One State, One RRB' execution on May 6

On April 7, the Union government released a gazette notification announcing the amalgamation of several RRBs, effective from May 1, 2025

FinMin sets Rs 17.31 trillion MSME lending target for PSBs in FY26

MSME lending target for PSBs raised 19.5%

Online travel platform EaseMyTrip denies association with Mahadev app

ED conducted searches at online travel portal's premises

Aviation ministry seeks FinMin help to boost aircraft leasing at GIFT City

It has also raised concern over slow progress in developing aircraft leasing in India

ED attaches Aamby Valley land worth Rs 1,460 crore in Sahara case

This land was purchased in benami names with funds diverted from Sahara group entities

PSBs red flag technical glitches in implementing PM Vidyalaxmi scheme

Among the key issues highlighted are persistent technical glitches, including repeated login failures due to server-level errors and frequent auto logouts from the portal

Centre to revamp guidelines for Ratna CPSEs to improve performance

CPSEs could be downgraded if performance worsens

Vishwakarma scheme faces challenges with loan approval rate at just 28%

While a total of 13.93 lakh loan applications were submitted to PSBs, only 3.9 lakh were approved, highlighting a significant gap in the disbursement process