Will use supervision tech to keep up with entities: RBI – Times of India
MUMBAI: The Reserve Bank of India (RBI) has said that it will start using SupTech (supervisory technology) and RegTech —...
Business 2 Community
Banks need Rs 1L cr for NPAs, growth – Times of India
Mumbai: The Reserve Bank of India (RBI) has said that banks will need additional capital of up to one and...
A historic oil price collapse, with worries headed into 2021 – Times of India
NEW YORK: This year was like no other for oil prices. Even as global prices end the year at about...
Vedanta raises $1.4 billion to retire debt – Times of India
NEW DELHI: Promoters of Vedanta Ltd have pledged their holding in the company to raise $1.4 billion, mostly for repaying...
A year after PMC Bank scam, RBI says NPAs rise in urban co-operative banks, losses balloon up – Times of India
MUMBAI: The proportion of gross non-performing assets (NPAs) of urban co-operative banks saw a rise in FY20 to 10.8 per...
UK court extends Nirav Modi’s remand till January 7 – Times of India
LONDON: Fugitive diamond merchant Nirav Modi, wanted in connection with the estimated $2-billion Punjab National Bank (PNB) scam case, was...
Interups withdraws from Air India bidding process, says will support employees’ bid – Times of India
NEW DELHI: New York-based Interups Inc has withdrawn from the Air India bidding process. Tuesday was the last date for...
Former economic affair secretary Atanu Chakraborty likely to be next HDFC Bank chairperson – Times of India
NEW DELHI: Former economic affairs secretary Atanu Chakraborty is likely to be the next chairperson of the country's largest private...
Tax tribunal upholds tax-exempt status of Tata Trusts; censures Mistry – Times of India
NEW DELHI: The Income Tax Appellate Tribunal (ITAT) has upheld the tax-exempt status of three Tata Group trusts, quashing a...
Tatas to hike stake in AirAsia India to 83.67% – Times of India
NEW DELHI: The Tata Group is hiking its stake in AirAsia India (AAIPL) from 51% to 83.67%. Tony Fernandes' AirAsia...
