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Bank

Government and Policy

Nirmala Sitharaman announces PSU bank reforms, mergers brings down their number to 12 from 27 in 2017

OpIndia Staff -
Union Finance Minister Nirmala Sitharaman briefed the media on Friday, announced the merger of many PSU banks.
News Reports

Former RBI governor Urjit Patel says before 2014, RBI and government was slow in tackling bank crisis

OpIndia Staff -
Urjit Patel held dilatory tactics adopted by the regulator, government and the banks till 2014 responsible for the looming NPA crisis
Politics

Congress makes BPL voters in Madhya Pradesh to fill fake NYAY forms, Aadhaar and other crucial details obtained

OpIndia Staff -
Earlier, Rajasthan Congress leader had allegedly printed and distributed fake NYAY forms in Kota, Rajasthan, another Congress-ruled state
Economy and Finance

Insolvency and Bankruptcy Code Impact : Another Industrialist finds the money to clear dues

OpIndia Staff -
Jaypee Infratech makes attempt to save its debt-ridden company from insolvency proceedings.
News Reports

Punjab farmers face possibility of arrest as banks file criminal cases for defaulting on loans

OpIndia Staff -
Despite Rahul Gandhi's bravado, it appears that farmers are suffering immensely in Congress regimes.
Economy and Finance

Measures adopted by the Modi government paying off, the recovery against NPAs has doubled for public sector banks

OpIndia Staff -
As revealed under the Asset Quality Review (AQR), the NPAs have been piling up since 2008, during the tenure of the UPA government.
Economy and Finance

Facts, No Fiction: There’s a new sheriff in RBI

Karan -
The man who steered the economy through Demonetization, Shaktikanta Das, has been put in charge of the RBI by the Modi government
Crime

Fake banking apps targeting victims in India, says cyber security company

OpIndia Staff -
Fake banking apps are available on Play Store
Economy and Finance

Fearing action through Insolvency and Bankruptcy Code, defaulters pay up Rs 1.1 lakh crores

OpIndia Staff -
Finance minister Arun Jaitley called it a success of IBC, as they aimed at recovering 1.8 lakh crore this fiscal year.
Fact-Check

The Caravan of lies that is now headed straight towards Amit Shah

Nupur J Sharma -
This entire article published by the Caravan hinges on the faulty understanding of finance and law
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