Weekly Newsletter | 17 May 2016 | Volume 02 | Issue 19
In Focus
Banks continue to reel under bad loans; five banks reported loss
Major Indian banks continue to have a nightmarish experience because of escalating bad loans in the quarter ended 31 March...
Latest News
Debt recovery Bill referred to Joint Committee of Parliament
Finance Minister Arun Jaitley introduced the Enforcement of Security Interest and Recovery of Debt Laws and Miscellaneous Provisions (Amendment) Bill...
Kotak Mahindra Bank registers rise in earnings
Kotak Mahindra Bank has posted a 32 per cent rise in its net profit for the quarter ended March 2016. The private lender has successfully emerged...
Bank unions propose nation-wide stir on July 29
In order to lodge protest against banking reforms proposed by the Union Government, United Forum of Bank Unions (UFBU) - a body of nine bank unions...
Reliance Jio Infocomm unveils digital wallet
Reliance Jio Infocomm owned by Mukesh Ambani has launched its digital wallet service- JioMoney Wallet following the commencement of 4G services...
LG unveils dual view flat OLED signage for the 1st time in India
LG Electronics India has introduced world’s finest technology for B2B customers at LG’s Grand Tech Seminar. On this occasion, the company launched OLED...
Interview
NBFCs driving financial inclusion, says FIDC Chairman Raman Aggarwal
NBFC sector has always shown a lot of promise and potential. The Finance Stability report released in December 2014 had stated that contribution of NBFC...
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