The Gross NPA to gross advances ratio of UCO Bank increased to 8.05 percent at the end of March 2015 from 4.47 percent, accretion of 3.58 on an annual basis.
The Eight Core Industries comprise nearly 38 % of the weight of items included in the Index of Industrial Production (IIP).
The reduction in price is likely to benefit power and fertilizer firms but it may also hurt producers like Reliance Industries and Oil and Natural Gas Corportaion Limited (ONGC).
As per the data, India in the first half of 2015 surpassed China to emerge as the most-favoured destination for FDI.
The ACCESS report is a result of India's largest energy access survey; covering over 8500 households across 714 villages and 51 districts in six of the most energy poor states of India.
The reduction in repo rate is expected to boost decelerating merchandise exports and investor confidence.
The Green Highway Policy will make it compulsory for road developers to set aside 1 per cent of the total project cost for plantation.
It will also be used to improve basic tourism facilities and to build the capacity of sector agencies and local communities in the States of Himachal Pradesh, Uttarakhand and Punjab.
It is an initiative of the National Academy of Indian Railways (NAIR) which allows the user to access most of the available knowledge about Indian Railways.
The relaxation will offer more flexibility to banks to bring in a change in ownership of borrowing entities which are under stress due to operational/ managerial inefficiencies.
18.2 percent of households in rural areas and 5.9 percent in urban areas do not have a single literate member in the age-group 15 years and above.
The released data showed an increase of 10 per cent in number of homes with at least one matriculate than the previous decade.
The report has predicted some upsides that includes fall in inflation levels, fall in import prices of crude oil import, increase in tax revenue and net foreign direct investment inflows.
The Electronic Development Fund (EDF) is set up as a Fund of Funds to participate in Daughter Funds which in turn will provide risk capital to companies developing new technologies.
The Employees Provident Fund Organisation increased the life insurance cover of its subscribers from 3.6 lakh to 6 lakh rupees.
The in-principle approval granted will be valid for 18 months to enable the applicants to comply with the requirements under the Guidelines and fulfill other conditions as may be stipulated by the RBI.
The RBI has so far entered into MoU with supervisors of 27 countries and Letter for Supervisory Co-operation and Statement of Co-operation with supervisors of one country each.
The additional days will be provided to bring relief to farmers in view of deficit monsoon in various parts of the country.
The first-of-its-kind investor’s summit in Tamil Nadu was aimed at targeting investment commitment of 1 lakh crore rupees.
The increment was made in accordance to the accepted formula, which is based on the recommendations of the 6th Central Pay Commission.
The new guidelines are expected to result in the improvement of the quality of services and addressing the issue of call drops
White label ATMs are those that are being set up by non-bank entities.
It will ensure that industries engaged in manufacturing alcohol meant for Potable purposes shall be under the total and exclusive control of States in all respects.
Under this initiative, revamped Gold Deposit Scheme (GDS) and the Gold Metal Loan (GML) Scheme will be implemented by the Union Government.
It is aimed at shifting part of the estimated 300 tons of physical bars and coins purchased every year for investment into Demat gold bonds.
The MoU is aimed at creating awareness among Micro, Small and Medium enterprises (MSMEs) on the benefits of commodity price risk management.
The Listing Regulations have been sub-divided into two parts (a) substantive provisions incorporated in the main body of Regulations; (b) procedural requirements in the form of Schedules to the Regulations.
For this purpose, the government repealed the Forward Contracts Regulation Act (FCRA) 1952 and made a way to shift the Regulation of Commodity Derivatives Market to SEBI under Securities Contracts Regulation Act (SCRA) 1956.
Marginal Fields are those discoveries that could not be monetized for many years due to various reasons such as isolated locations, small size of reserves, high development costs, etc.
The new methodology is aimed at bringing uniformity among BRs of banks so that they will be more sensitive to any changes in policy rates of the RBI.