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  Asset quality of Indian banks will be stable in 2023, claims Moody's latest report

  Business | January 19, 2023 12:25 IST

  In its report, Moody's asserted that Indian banks will profit from a stable operating environment and considerable increases in their solvency indicators.

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  PM Narendra Modi declares his assets. Know his bank balance, other details

  India | October 15, 2020 17:42 IST

  The Prime Minister's Office (PMO) has made the asset declaration of PM Modi as of June 30, 2020. According to PMO's declaration, PM Modi's wealth has seen an increase of Rs 36 lakh from Rs 2.49 crore in 2019 to Rs 2.85 crore by June 2020.

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  Banks asset quality may take further hit due to Covid-19: Report

  Business | March 25, 2020 21:36 IST

  The outbreak of COVID-19 and continued slowdown in the economy are likely to have an impact on banks asset quality and may trigger a surge in gross non-performing assets (GNPA) ratio to 9.6 to 9.9 per cent by the second or third quarter of the next fiscal, says a report.

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  Reliance Communications creditors may seek more time to complete asset sale process

  Business | January 01, 2020 22:17 IST

  Reliance Communications' committee of creditors is likely to seek extension of debt sale process beyond January 10 till February-end from the National Company Law Tribunal, according to sources.

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  Air India to put overseas assets on the block to rake in resources

  April 28, 2014 19:53 IST

  New Delhi: Air India is considering selling off its properties in foreign destinations like Hong Kong, Nairobi and Mauritius as part of asset monetisation to garner resources.The national carrier has started approaching Indian banks and

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  Finance Ministry readying draft note to declare spectrum a tangible asset

  April 24, 2014 23:13 IST

  New Delhi: The Finance Ministry is preparing a draft note on making spectrum a tangible asset so that the airwaves can be considered as collateral by financial institutions for lending to telecom companies. A decision

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  Sony Music, Zee ink global digital assets management deal

  April 19, 2014 20:36 IST

  New Delhi: Sony Music Entertainment and Zee Music Co today announced a world-wide deal under which the global music major will manage all digital assets for the Indian firm's upcoming Bollywood releases.With this announcement Sony

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  SBI to offload up to Rs. 4,000 crore bad loans to asset reconstruction companies

  April 06, 2014 16:45 IST

  Kolkata: India's largest banker SBI is selling off its non-performing assets (NPA) of around Rs. 3,500-4,000 crore for the financial year 2013-14 to asset reconstruction companies (ARC).“We are selling NPA between Rs. 3,500-4,000 crore of

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  'Mutual funds' asset window-dressing efforts under Sebi, AMFI scanner

  March 28, 2014 16:42 IST

  New Delhi: Some mutual funds have come under scanner of the capital markets watchdog Securities and Exchange Board of India (Sebi) and industry's front-line regulator AMFI (Association of Mutual Funds in India) for allegedly window-dressing

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  CBI sends team to collect asset records from AP Police chief

  India | September 26, 2013 20:15 IST

  New Delhi: CBI has sent a team to collect documents related to alleged disproportionate assets amassed by Andhra Pradesh Police chief V Dinesh Reddy against whom an enquiry has been initiated by the agency on

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  Big relief to Mayawati in DA case, Supreme Court quashes CBI review petition

  India | August 08, 2013 10:49 IST

  New Delhi, Aug 8: The Supreme court  today quashed the CBI review petition in the disproportionate assets case relating to Bahujan Samaj Party supremo Mayawati granting her a big relief. The apex court verdict clears

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