Parekh said builders had erred in the past by over-leveraging and going on a land-buying spree.
It is not clear as to where PMC Bank stands in the pecking order for recovery of its dues from HDIL, worth Rs 6,500 crore
A decision to announce a fresh stimulus could be a tough one for the government, after its budget deficit topped 90% of its full-year goal
An Israeli spyware was used to snoop of some 1,400 people globally, including 121 Indian citizens. Listen to the podcast to know how this incident might affect the launch of WhatsApp's payment service
This marks the fourth revision in withdrawal limit by the RBI since the PMC Bank scam came to the fore
Provisioning related to bad loans went up to Rs 3,253 crore in Q2, up from Rs 2,147 crore in the previous quarter
Several investors were irked for failing to get allotment in the hugely successful IRCTC issue
Last week, Facebook-owned WhatsApp said it was filing a federal complaint in the US against Israeli technology firm NSO Group
The penalty was imposed through an order dated November 4
Bank of America Merill Lynch expects the RBI to slash rates by 25 basis points (bps) in its December monetary policy review and follow it up with another 15 bps cut in February 2020
The RBI said the window for submission of applications will be be open from November 15 to December 15, 2019
This will help them meet short-term obligations so that they can survive any acute liquidity crisis
The recent changes in mutual funds regulations are likely to result in a decline in the volume of commercial paper outstanding by March 2020
The regulator also wants the shadow banks to monitor their liquidity risks based on a stock approach to liquidity
The regulator said if the variable pay is up to 200% of the fixed pay, at least 50% of it should be in non-cash
... A fire sale of equity or merger with a strong bank? Time is running out. There aren't too many choices
Here's how the home loan rates by public and private sector banks stack up
The restructuring will give categorised supervisory approach to all the RBI supervised entities linked to their size, complexity.
The bank had reported a provisioning of Rs 6,131.86 crore for non-performing assets, while the RBI had assessed provisions of Rs 7,135.85
Congress spokesperson Sanjay Jha said the government is in a deep sleep 'like Rip Van Winkle', the famous fairytale character