RBI awaiting formal proposal on 'bad bank' from govt

Feb 05, 2021

Mumbai (Maharashtra) [India], February 5 : Reserve Bank of India (RBI) Governor Shaktikanta Das said on Friday that the central bank is awaiting a...

All approvals granted for setting up 'Bad Bank': SBI Chairman

Jan 28, 2022

Mumbai [India], January 28 : State Bank of India (SBI) Chairman Dinesh Kumar Khara said on Friday all the required approvals to set up...

IDBI Bank shares surge on bad loan recovery, privatisation buzz

Aug 26, 2022

Mumbai (Maharashtra) [India], August 26 : Share price of IDBI Bank surged by around 7 per cent on Friday after the company's top executive...

Once a sprawling conglomerate, China's biggest 'bad bank' stumbling with mounting debt

May 19, 2021

Hong Kong, May 19 : Once a sprawling Chinese financial conglomerate that had the trust of foreign investors -- Huarong -- is now under...

Union Bank to pick up 9 pc stake in NARCL

Jun 07, 2021

New Delhi [India], June 7 : Union Bank of India (UBI) on Monday said it will pick stake in the National Asset Reconstruction Company...

AI Good at some tasks, but bad with Maths says Deutsche Bank research

Sep 16, 2024

Generative AI, while gaining widespread attention, is not without its flaws. A recent report by Deutsche Bank Research highlighted that despite its strengths, the...