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The number of fraud cases reported by lenders also jumped to 6,801 in 2018-19, compared to 5,916 cases in 2017-18.Banks reported a total fraud of Rs 71,543 crore in 2018-19, a 74 per cent increase as against Rs 41,167 crore in the…

The observations were made in the RBI’s report on trend and progress of banking for 2018-19.Stress in large accounts has been on the rise at both private and public sector banks in H1FY20, Reserve Bank of India (RBI) said on Tuesday even…

Listed entities should disclose deviations alongside the announcement of their financial results.The Securities and Exchange Board of India (Sebi) on Tuesday prescribed a uniform format in which listed companies have to disclose…

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The report said a total Rs 425.96 crore was collected from farmers under the Pradhan Mantri Fasal Bima Yojana from 13.69 lakh farmers for Kharif 2019 season, which covers a total 25.45 lakh hectare area.Gross NPAs of Gujarat banks have…

Lenders to an Indian shadow bank at the center of an industry crisis since it started defaulting three months ago have called for binding bids from potential rescuers by mid-January, people familiar with the matter said. Altico Capital…

The six principles laid down by Sebi are intended to strengthen the role of fund houses as stewards on behalf of the investors.The Securities and Exchange Board of India (Sebi) on Tuesday announced Stewardship Code for all mutual funds…

MARKETWATCH FRONT PAGEAt this time last year, the stock market was on the verge of putting in its worst decline on the last trading day before Christmas in history, with the S&P 500 index on…

In the Budget 2019-20, the government made a provision of Rs 70,000 crore for recapitalisation of public sector banks (PSBs) and has so far infused Rs 60,314 crore.The financial health of state-owned banks should be assessed by their…

Representational imageBharti AXA Life Insurance on Monday said its renewal premium income during April-September, 2019-20 rose 20 per cent to Rs 541 core. The private sector insurer had collected a renewal premium of Rs 453 crore in the…