Will not allow IL&FS to collapse: LIC Chairman

Insurance behemoth Life Insurance Corporation (LIC) on Tuesday assured that it would do all it can to prevent the collapse of beleaguered IL&FS, w

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India LIC chairman says all options open to revive IL&FS

IL&FS has revealed a series of delays and defaults on its debt obligations and inter-corporate deposits in recent days.

from Banking/Finance-Industry-Economic Times https://ift.tt/2xAXB6u

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Indo-Pak trade potential stands at $37 billion: World Bank

The report 'A Glass Half Full: The Promise of Regional Trade in South Asia', which was released on Monday, has highlighted among key factors, the long list of product restrictions in bilateral trade.

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Yes Bank board to meet after RBI directive

Yes Bank's board will meet Tuesday to decide on future course of action following the RBI's directive that the current CEO and MD Rana Kapoor should step down by end-January.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2pvr2Tc

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Time to restore ethics in banking, says former Union finance secretary Ashok Lavasa

It is time for the banking sector in India to re-introduce ethics in banking, election commissioner and former Union finance secretary Ashok Lavasa has said.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2zrNbaQ

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