Data for the month of December 2013 on sectoral deployment of credit collected from select 47 scheduled commercial banks accounting for about 95 per cent of the total non-food credit deployed by all scheduled commercial banks are set out in Statements I and II. These data are also available in the Real-Time Handbook of Statistics… Read More
Tags: Airline, Business, Credit, December 2012, Financial services, Non Banking Financial Companies, Non-banking financial company, Percentage
RBI/2013-14/379 RPCD.CO.Plan. BC 59/04.09.01/2013-14 November 25, 2013 The Chairman/ Managing Director/ Chief Executive Officer [All scheduled commercial banks (excluding Regional Rural Banks)] Dear Sir, Priority Sector Lending Classification Please refer to the press release dated November 18, 2013 on the above subject. 2. In view of the reasons explained therein, it is decided to include incremental bank loans… Read More
Tags: Airline, Loan, March 31 2014, November 13 2013, Priority Sector Lending, Regional Rural Bank, Reserve Bank of India, Run batted in
The Reserve Bank of India released on its website A Profile of Banks: 2012-13. The publication, ninth volume in the series, provides bank-wise and bank group-wise information on important performance indicators of all scheduled commercial banks excluding regional rural banks, for the period 2008-09 to 2012-13. The publication covers 21 important indicators, including return on… Read More
Tags: Airline, Bank, Capital adequacy ratio, India, Mumbai, Regional Rural Bank, Reserve Bank of India, Return on assets
The Minister for Civil Aviation Shri Ajit Singh, while addressing media persons at a press conference here, has said that the Government has accepted the recommendations of Prof. Dholakia Committee Report on Cost Cutting in Air India and sent to Air India for immediate implementation. The Committee has made total 47 recommendations. Air India expects a saving of about 500 crores in next 6 months by implementing some of… Read More
Tags: Air India, Airline, Asia, Chennai, Civil Aviation, Committee, Government, India
Civil Aviation Minister, Shri Ajit Singh, while launching the India Aviation 2014 today in New Delhi, said that rapidly expanding air transport network and opening up of the infrastructure to private sector participation have fuelled the growth of air traffic in India. He further said that the Government has envisaged an investment of US $ 12.1 billion in the… Read More
Tags: $12.1 billion, Aircraft, Airline, Aviation, Civil Aviation, Government, India, New Delhi
Civil Aviation Ministry Permits Scheduled Airlines to Charge Fees for Certain Unbundled Services Separately The Minister for Civil Aviation ,Shri Ajit Singh, has decided to permit scheduled airlines to unbundle certain services and to charge fees for these services separately. This is based on the recommendations of the Nathan Economic Consultants in their report on… Read More
Tags: Airline, Aviation, Civil Aviation, DGCA, Fare, Fee, India
Minister of State for Civil Aviation, Shri K. C. Venugopal informed Rajya Sabha today that in accordance with Turn Around Plan (TAP) approved by Government for Air India, some flights, which were not meeting the fuel cost /cash cost of operations, have been withdrawn by the airline. However, commencement and withdrawal of flights by any… Read More
Tags: Air India, Airline, Civil Aviation, Government, India, Jet Airways, Rajya Sabha, The Minister
In a major decision taken by Minister of Civil Aviation, ShriAjit Singh, the Government has done away with the control over acquisition of aircraft by scheduled and non-scheduled operators, private operators and flying training institutes. The permission for actual induction of aircraft will no longer be required from Ministry of Civil Aviation (MoCA). Henceforth, only initial No Objection Certificate… Read More
Tags: AAC, Aircraft, Airline, Civil Aviation Ministry, IndiGo, Jet Airways, No Objection Certificate, SpiceJet