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Equities spurt as RBI keeps rates unchanged, SBI up 12 pc
Updated : 5 years, 5 months ago IST
Mumbai (Maharashtra) [India], February 5 (ANI): The rally at bourses continued during early hours on Friday as the Reserve Bank of India (RBI) kept key interest rates unchanged.
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Equity indices swing upward led by PSU banks, FMCG stocks
Updated : 5 years, 5 months ago IST
Mumbai (Maharashtra) [India], February 4 (ANI): Equity benchmark indices ticked up after initial losses on Thursday with Nifty PSU moving up by 5.8 per cent.
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SBI Q3 net profit drops 7 pc to Rs 5,196 cr on higher provisions
Updated : 5 years, 5 months ago IST
Mumbai (Maharashtra) [India], February 4 (ANI): Government-owned State Bank of India (SBI) on Thursday reported 7 per cent year-on-year drop in net profit at Rs 5,196 crore for December quarter due to increase in provisions against bad loans.
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Sensex jumps 1,197 points as investors hope for economic resurgence
Updated : 5 years, 5 months ago IST
Mumbai (Maharashtra) [India], February 2 (ANI): The bourses continued celebrating Union Budget 2021 with key equity indices moving up by 2.5 per cent on Tuesday.
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Budget should be seen as extension of Atmanirbhar, RBI's economic package
Updated : 5 years, 5 months ago IST
New Delhi [India], February 2 (ANI): Union Minister Ravi Shankar Prasad on Monday said the Union Budget 2021 should be seen as an extension of the Centre's Atmanirbhar and the Reserve Bank of India's economic package of Rs 27 lakh crore.
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Equity indices spurt 3 pc, banking stock upbeat
Updated : 5 years, 5 months ago IST
Mumbai (Maharashtra) [India], Feb 1 (ANI): Equity benchmark indices jumped by nearly 3 per cent during the afternoon on Monday as Finance Minister Nirmala Sitharaman presented the Union Budget in Parliament with a strong focus on infrastructure and healthcare sectors.
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India's NBFI regulatory changes to strengthen sector stability: Fitch
Updated : 5 years, 5 months ago IST
Singapore, January 27 (ANI): The proposed changes to regulatory framework for non-bank financial institutions (NBFIs) unveiled in the Reserve Bank of India's recent discussion paper are likely to enhance the sector's stability, according to Fitch Ratings.
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RBI proposes revised regulatory framework for NBFCs
Updated : 5 years, 5 months ago IST
Mumbai (Maharashtra) [India], January 22 (ANI): The Reserve Bank of India (RBI) on Friday proposed tighter regulations for large non-banking finance companies (NBFCs) and creation of a multi-layer model in the fast-growing industry.
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Equity indices fall over 1 pc, metals and banks drag
Updated : 5 years, 5 months ago IST
Mumbai (Maharashtra) [India], January 22 (ANI): Equity benchmark indices swung lower during the afternoon on Friday as traders booked profits over metals and banking counters.
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SEBI imposes Rs 1 crore fine on HDFC Bank in BRH Wealth Kreators case
Updated : 5 years, 5 months ago IST
Mumbai (Maharashtra) [India], January 22 (ANI): Stock market regulator SEBI has imposed a penalty of Rs one crore on HDFC Bank for invoking securities pledged by BRH Wealth Kreators in violation of the regulator's interim directions.
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ED arrests absconding bank loan fraudster
Updated : 5 years, 5 months ago IST
New Delhi [India], January 20 (ANI): The Enforcement Directorate (ED) has arrested an absconding accused Narender Kumar Patel, the director of Jay Ambe Gowri Chem, under the provisions of the Prevention of Money Laundering Act (PMLA), 2002 in a bank fraud case for cheating the State Bank of
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NBFCs, fintech companies urge FM Sitharaman to enhance lending facilities
Updated : 5 years, 5 months ago IST
New Delhi [India], January 19 (ANI): Non-banking finance companies (NBFCs) and fintech players have urged Finance Minister Nirmala Sitharaman to enhance the lending facilities by three to four years which were announced and extended by the Reserve Bank of India (RBI) during Covid-19 lockdown
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