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Finance Minister Sitharaman announces bank mergers; from 27 PSBs to 12
New Delhi | Finance Minister Nirmala Sitharaman has announced on Friday the merger of 10 nationalised banks into four entities. This announcement comes after a week when she disclosed several new measures to be taken by the Centre to boost the...30 Aug 2019 6:53 AM GMT
UK court orders Vijay Mallya to pay costs to Indian banks
The UK High Court has ordered embattled liquor tycoon Vijay Mallya to pay a minimum of 200,000 pounds towards the costs incurred by 13 Indian banks in their legal battle to recover alleged dues. Last month, Judge Andrew Henshaw had refused to...16 Jun 2018 6:24 AM GMT