Bank Loan For Polls

The government will release data on gross domestic product (GDP) for the quarter ended June 30 today. Many economists expect the data to show that the expansion in India's GDP slowed for a fifth quarter in a row. According to a poll by news agency Reuters, the country's GDP growth likely stood at 5.7 per cent in the first quarter of the current fin...

BJP chief Amit Shah targeted Congress president Rahul Gandhi on Friday for raising the issue of bank loans and non-performing assets (NPA) in poll rallies, saying those were the results of the misdeeds of the previous Congress-led government.

The proposal to set up a bad bank looked senseless even when it was first mooted in early 2016. It looked downright silly when the finance ministry floated the idea of raiding the central bank's reserves to run the rehab clinic for toxic debt.

The Monetary Policy Committee, headed by Reserve Bank of India Governor Urjit Patel, is expected to announce a rate cut today. A sharp moderation in retail inflation over the past few months has brightened hopes for further monetary policy easing from the central bank, which changed its stance to neutral from accommodative at the start of the year....

The manager of Canara Bank's Nallkunta branch in Hyderabad is in a dilemma. A young man has approached the bank asking for a loan of Rs 5 lakh to contest an election.

State Bank of India's net profit in the March quarter is expected to decline 15.9 per cent year-on-year to Rs 2,775 crore according to brokers polled by NDTV. This will be the fifth straight quarter of declining profits for the public lender, which has been struggling with rising bad loans amid a sluggish economy.

The government will release data on gross domestic product (GDP) for the quarter ended June 30 today. Many economists expect the data to show that the expansion in India's GDP slowed for a fifth quarter in a row. According to a poll by news agency Reuters, the country's GDP growth likely stood at 5.7 per cent in the first quarter of the current fin...

BJP chief Amit Shah targeted Congress president Rahul Gandhi on Friday for raising the issue of bank loans and non-performing assets (NPA) in poll rallies, saying those were the results of the misdeeds of the previous Congress-led government.

The proposal to set up a bad bank looked senseless even when it was first mooted in early 2016. It looked downright silly when the finance ministry floated the idea of raiding the central bank's reserves to run the rehab clinic for toxic debt.

The Monetary Policy Committee, headed by Reserve Bank of India Governor Urjit Patel, is expected to announce a rate cut today. A sharp moderation in retail inflation over the past few months has brightened hopes for further monetary policy easing from the central bank, which changed its stance to neutral from accommodative at the start of the year....

The manager of Canara Bank's Nallkunta branch in Hyderabad is in a dilemma. A young man has approached the bank asking for a loan of Rs 5 lakh to contest an election.

State Bank of India's net profit in the March quarter is expected to decline 15.9 per cent year-on-year to Rs 2,775 crore according to brokers polled by NDTV. This will be the fifth straight quarter of declining profits for the public lender, which has been struggling with rising bad loans amid a sluggish economy.