EY conducting forensic audit of Bandhan Bank loans worth ₹23,000 crore

The audit is being conducted at the behest of the National Credit Guarantee Trustee Company (NCGTC),…

go first bankruptcy; Spice Jet seeks to cash in; revives 25 grounded planes

Updated: May 04, 2023, 02:32 PM IST livemint Spice Jet has…

First ₹210 crore to go under govt’s credit line guarantee scheme: CEO

Wadia Group-owned GoFirst is expected to receive ₹210 crore under the government’s credit line guarantee scheme…

SpiceJet welcomes changes in ECLGS, requests for ATF under GST

Low-cost airline SpiceJet has welcomed the changes made in the Emergency Credit Line Guarantee Scheme (ECLGS)…

Small business to see effect of rate hike by year-end

Mumbai Two senior bankers said the real impact of the interest rate hike on India’s small…

Finance Minister Nirmala Sitharaman to meet heads of PSBs on June 20; can motivate them to increase credit

“Banks will be urged to sanction loans to productive sectors to accelerate the revival of the…

Public Sector Banks: More Sinners Than Sinners

The Prime Minister announced India’s Jan Dhan Yojana (JDY) or National Mission for Financial Inclusion on…

Center extends emergency credit line guarantee scheme till March 2022

The government has extended the Rs 4.5 lakh crore Emergency Credit Line Guarantee Scheme (ECLGS) till…

Government extends emergency loan scheme for MSMEs till March 31, 2022

To further support the COVID-affected MSMEs, the Center on Wednesday announced the extension of its Emergency…