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In the Budget, banks also expect the government to boost consumption demand and investment through reduction in corporate as well as personal income tax, and by providing additional deductions under section 80C and interest on home loans.

Banks' gross NPA hits 9.83 pc in FY16; rises to 11.82 pc by Sep'16

For fiscal 2015-16, public sector banks had gross advances of Rs 51,04,915 crore.

3 Feb 2017 5:32 PM IST

Union Minister for Information and Bradcasting M Venkaiah Naidu (Photo: PTI)

Congress indulging in contempt of democracy by walking out: Venkaiah

Naidu said it is extremely unfortunate that the grand old party is doing politics over Tuesday's Nagrota terror attack.

30 Nov 2016 12:59 PM IST

Election Commission of India (Photo: PTI)

Pak to send junior representative to EC's international conference in...

ECI officials though claimed that the last minute change had taken place because Baloch needed to focus on a local...

18 Oct 2016 8:55 AM IST

The company is not performing well in all segments (especially SUVs).

Honda to showcase India-bound mini-SUV at Philippine International...

The carmaker is planning to introduce a new seven-seater SUV, reported to be based on the HR-V.

5 Sept 2016 6:59 PM IST

Trinamool Congress supporters celebrate the partys thumping victory in West Bengal Assembly eections. (Photo: PTI)

Parties got 63 per cent state poll funds via cash: study

Over Rs 2,100 crore was garnered by various political parties during all state assembly polls between 2004 and 2015.

23 May 2016 4:10 PM IST

Delhi Daredevils Chris Morris raises his bat after half-century against Gujarat Lions in New Delhi on Wednesday. (Photo: BCCI)

We didn't target bowlers, says Chris Morris

The South African, who slammed 82 and took Delhi Daredevils close to victory, said he aimed for the short boundary.

28 April 2016 5:32 PM IST

Including loans that have been classified as bad and those restructured, or rolled over, total stressed loans were 6.8 trillion rupees ($99 billion) as of the end of September

Parliamentary panel says banks urgently need to clean up bad debts

Junior Finance Minister Jayant Sinha has put total stressed loans at Indian banks at 8 trillion rupees.

25 Feb 2016 8:17 AM IST