Pakistan International Airlines privatization plan fails due to its financial obligations

Dec 28, 2023

Sources suggest that PIA cannot afford to pay more than PKR 8 billion in interest on the PKR 260 billion loan. The commercial banks...

Tata Motors ties up with banks, NBFCs for commercial customers

Jan 18, 2021

Mumbai (Maharashtra) [India], January 18 : Tata Motors said on Monday it has entered into partnerships with leading private banks and non-banking finance companies...

Lok Sabha passes Banking Laws Amendment Bill; Sitharaman says public sector banks are turning profitable

Dec 03, 2024

Noting that all public sector banks are turning profitable, Finance Minister Nirmala Sitharaman said on Tuesday that banks are being professionally run under the...

CBDT provides ITR filing compliance check functionality for scheduled commercial banks

Sep 02, 2020

New Delhi [India], September 2 : The Central Board of Direct Taxes (CBDT) has issued an order for furnishing information about Income Tax (IT)...

Agri ministry asks banks to promote Agriculture Infrastructure Funds

Jul 12, 2023

According to an official statement from Ministry of Agriculture and Farmers Welfare, this one month-long Campaign (from July 15, 2023 to August 15, 2023)...

Consolidated balance sheet of scheduled commercial banks registered double-digit growth after 7 years in FY22

Dec 27, 2022

The consolidated balance sheet of scheduled commercial banks (SCBs) has registered double-digit growth in 2021-22, after a gap of seven years, said the Reserve...