NPA crisis: RBI deputy governor blames forbearance schemes for bad loan mess

Mumbai: The Reserve Bank of India (RBI) deputy governor Viral Acharya on Wednesday conceded that the Central bank’s “forbearance schemes” were partly to blame for the bad loan mess, and suggested a counter-cyclical approach to avoid its repeat in future. Stating that banks should.


McDonald’s to start cutting antibiotic use in its global chicken...

New delhi: McDonald’s Corp on Wednesday said that it would begin curbing the use of.


Tata Sons hires Roopa Purushothaman as chief economist

New Delhi: Tata Sons today announced the appointment of Roopa Purushothaman as its chief.


Quitting Infosys one of hardest decisions of my life: Vishal...

Bengaluru: Technocrat Vishal Sikka termed his dramatic resignation as CEO of the global.


Nandan Nilekani: Aadhaar architect set to turn Infosys peacemaker

New Delhi: Nandan Nilekani, the Aadhaar architect who was sought by Narendra Modi government.


Tech giants, banks and telcos must respect privacy laws, says...

New Delhi: Internet giants such as Facebook and Google are contributing in turning India.


Rajiv Bansal named Air India chief after Ashwani Lohani moved...

New Delhi: In a day of dramatic developments, Rajiv Bansal has replaced Ashwani Lohani.


Airtel, Vodafone, Idea continue to generate maximum revenues for govt...

New Delhi: Even as Reliance Jio Infocomm Ltd threatens to upend the Indian telecom market.


Here are 17 features of new Rs 200 banknote to...

New Delhi: The Reserve Bank will launch Rs 200 banknotes on Friday, increasing the availability.


11 states may see Rs 9,500 cr revenue loss this...

Mumbai: Even though as a whole states’ revenue may clip past at a CAGR of 16.6 per.