Demand from bank employees comes amid several states opting out of contribution pension scheme...

As far as the future is concerned, she said it is going to be largely driven by digitised processes and there is a need for seamless and interconnected digital systems...

Indications are the Centre is unlikely to reduce or waive dues or the interest, penalty, and interest on penalty on existing dues that were upheld by the Supreme Court...

The interim order for the attachment of all movable and immovable properties covers the promoters, directors and key management personnel of eight group companies...

The role of CoC is crucial in deciding a resolution plan under IBC, which provides for a market-linked framework for resolving stressed assets...

The central bank in 2017, raised the capital requirement to Rs 100 cr from the earlier level of Rs 2 cr, keeping in mind the higher amount of cash required to buy bad loans...

With registration of the company, the process for putting an initial capital of Rs 100 cr is on according to the guidelines...

The extent of government support, however, remains restricted to the Rs 3 lakh crore in guarantees first promised under the scheme in May 2020...

Centre refunds penal interest on loans up to Rs 2 crore but North Block is yet to decide on refunds on loans above Rs 2 crore...

The new entity is being created in collaboration with both public and private sector banks...