Maeeshat India's First Magazine Focusing Minorities Business & Economy

New Delhi : State-run lender Punjab National Bank is expected to recover around Rs 1,800 crore from its non-performing assets (NPAs) recovery mechanism — “Mission Gandhigiri” — which will soon complete one year of operation. A senior bank official told ...

Mumbai : Cash withdrawals from ATMs actually declined in the January-March quarter of last financial year on the sequential basis, implying the current shortage could be “superficial”, a report from State Bank of India said on Thursday. “Coming to withdrawals, ...

Mumbai : Profit booking, along with heavy selling pressure in the banking sector stock led the key Indian equity indices to break their nine-day gaining streak on Wednesday. According to market observers, the key equity indices, however, traded in the ...

Mumbai : Bank customers may be hit as ATM operators have demanded higher “interchange rates” for ATM transactions to enable them to comply with recent stringent RBI guidelines, an industry body said here on Wednesday. Presently, all banks charge a ...

Mumbai : Lending major ICICI Bank on Tuesday said it has successfully on-boarded over 250 corporates on its blockchain platform for domestic and international trade finance transactions. The private sector bank said that with this, leading Indian corporates — including ...

By Imran Khan, Patna : Kamla Devi, Pankaj Kumar, Geeta Devi and Sanjay Singh, all Hindus, share one thing in common. Their lives have been transformed through “interest-free” loans provided by a Muslim cooperative credit society in Bihar, yet another ...

New Delhi : Welcoming the RBI’s move to explore introduction of an official virtual currency in India, industry chamber Assocham on Sunday cautioned that extreme care be taken to ensure safety of the data trail that cryptocurrency transactions can leave ...

By Porisma P. Gogoi, Mumbai : Prospects of normal monsoon rains, lower inflation and a positive growth outlook boosted the key Indian equity indices during the just concluded trade week. The northward progression of the market was supported by the ...

New Delhi : No reference has been made to the Union Corporate Affairs Ministry by its Serious Fraud Investigation Office (SFIO) on the issue involving the private sector ICICI Bank and Videocon Group, its Secretary Injeti Srinivas said on Wednesday. ...

By Taponeel Mukherjee, Recent statements by the chief of the Banks Board Bureau (BBB) that public-sector banks (PSBs) have a role in creating Indian infrastructure considering the support they have provided the sector over the last decade, merit discussion. PSBs ...