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Non-bank stress coupled with rising macro headwinds pose further challenges for asset quality, particularly at state banks which continue to experience capital constraints, delays in bad-loan recoveries, and poor earnings. More capital is needed to insulate the banks’ weak balance sheets and to sustain loan growth,” it said.",
A head constable was arrested and the station house officer (SHO) at the same police station was suspended for allegedly taking bribes, police said Wednesday.",
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Days after his arrest in the TRP Game Zone fire case, Rajkot chief fire officer Ilesh Kher was on Wednesday suspended from service by the Rajkot Municipal Corporation (RMC), making him the eighth civic official to face such action.",
India’s largest public sector bank State Bank of India (SBI) has been offering its Annuity Deposit Scheme wherein the depositor can get a monthly amount after they deposit a one-time lump sum. According to the details available on the bank’s website, the depositor needs to pay a one-time lump sum amount and to receive the same in Equated Monthly Instalments (EMIs).",
The Reserve Bank of India (RBI) has called on a wider set of lenders to take part in pilot programmes using the central bank digital currency (CBDC) as it tries to increase transactions, three bankers told Reuters on Wednesday.",
The Karnataka government on Monday filed a special leave petition in the Supreme Court opposing the grant of anticipatory bail by the Karnataka High Court (HC) to Bhavani Revanna, the mother of rape-accused former Janata Dal (Secular) MP Prajwal Revanna, in a case of abduction of a sexual assault victim."
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The Chief Minister, the CBI also stated, is a prominent politician and a “very influential person” and he could influence the witnesses or tamper the evidence in the case. The agency sought 14 days jail for Kejriwal, saying it was required “in the interest of the investigation and justice”."
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A lucky confluence of several cyclonic circulations, three of them located close to Delhi, pulled warm and moist air from the Bay of Bengal where a low-pressure area had already been active for the last two days. As a result of the strong pull, the entire belt over Odisha, Chhattisgarh, most of Madhya Pradesh and Uttar Pradesh, Delhi, Haryana and eastern parts of Rajasthan received good rainfall on Friday."
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