03 Apr 2018
Indian banks reported one fraud every hour in FY17: Report
According to a report by proxy advisory firm Institutional Investor Advisory Services (IiAS), there was at least one case of fraud committed every hour on an average in Indian banks during the financial year 2017.
17 Jan 2018
Government may allow 100% FDI in banking: Report
After allowing 100% FDI (Foreign Direct Investment) in aviation, single-brand retail, and construction, the Centre is now considering to hike the FDI limit in the banking sector to 100%.
24 Aug 2017
PSB Consolidation: Cabinet gives nod to merge state-owned banks
Taking another step towards consolidation of public sector banks (PSBs), the Union Cabinet approved an "Alternative Mechanism" for constituting an inter-ministerial panel for overseeing the mergers of 21 state-run banks.
12 Feb 2017
Mamata to compensate workers who lost jobs due to demonetization
West Bengal Chief Minister Mamata Banerjee said she would provide a one time assistance of Rs.50,000 to anyone who lost his/her job due to demonetization.
05 Jan 2017
Modi, Nitish Kumar ties warming up post note-ban
Sources stated that relations between PM Modi and Nitish Kumar have drastically improved after the demonetization scheme; Nitish Kumar is the only opposition leader to support the demonetization scheme.
18 Dec 2016
Political parties not exempted under tax rules: Jaitley
Arun Jaitley said political parties weren't allowed any exception post demonetization.
21 Nov 2016
Modi blunts Mamata's attack, others oppose demonetization
PM Modi stated politicians under whom chit-fund scams prospered were now raising a finger at him even as the decision was not taken to trouble anyone; it was an apparent reference to the chit-fund scam linked to the TMC.
16 Nov 2016
Stormy Parliament's Winter Session predicted as nation faces cash crunch
The political war over demonetization of Rs.500 and Rs.1000 currency notes is set to shake the Parliament during the winter session.