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ICICI Bank to invest Rs 1,000 crore in Yes Bank via equity
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Mar 13 (ANI): The board of ICICI Bank on Friday approved an investment of Rs 1,000 crore in Yes Bank via equity route.
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Cabinet clears draft resolution scheme for Yes Bank revival
Updated : 6 years, 4 months ago IST
New Delhi [India], Mar 13 (ANI): The Union Cabinet on Friday cleared a draft resolution scheme for the troubled Yes Bank.
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Sitharaman, Piyush Goyal, Prakash Javadekar to brief media on Union Cabine
Updated : 6 years, 4 months ago IST
New Delhi [India], Mar 13 (ANI): Union Ministers Nirmala Sitharaman, Piyush Goyal and Prakash Javadekar will brief media on the outcome of the cabinet meeting at 3 pm on Friday.
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RBI announces dollar-rupee sell-buy swaps as coronavirus spreads
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Mar 12 (ANI): The Reserve Bank of India (RBI) on Thursday decided to undertake six-month US dollar sell/buy swaps to provide liquidity to the foreign exchange market.
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SBI to buy 725 crore Yes Bank shares at Rs 10 apiece
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Mar 12 (ANI): State Bank of India said on Thursday it will buy 725 crore shares of Yes Bank at the price of Rs 10 per share, subject to regulatory approvals.
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NBFI challenges can intensify from Yes Bank restructuring: Fitch Ratings
Updated : 6 years, 4 months ago IST
Singapore, Mar 12 (ANI): Non-bank financial institutions (NBFIs) will likely face renewed pressure on funding and liquidity following the Reserve Bank of India's (RBI's) takeover of Yes Bank this month, according to Fitch Ratings.
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Monthly balance maintenance waived off on 44.51 crore SBI savings bank acc
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Mar 12 (ANI): State Bank of India (SBI) announced on Thursday that it has decided to waive maintenance of Average Monthly Balance (AMB) for all savings accounts.
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SBI reduces MCLR by 10 to 15 basis points across all tenors
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Mar 11 (ANI): The country's largest lender State Bank of India (SBI) on Wednesday announced a reduction in its marginal cost of funds-based lending rate (MCLR) by 10 to 15 basis points across all tenors.
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AAP gives notice in Rajya Sabha over Yes Bank crisis
Updated : 6 years, 4 months ago IST
New Delhi [India], Mar 11 (ANI): Aam Aadmi Party (AAP) MP Sanjay Singh on Wednesday gave a Zero Hour Notice in Rajya Sabha over the ongoing Yes bank crisis.
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Yes Bank customers can use IMPS, NEFT to pay dues
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Mar 10 (ANI): Yes Bank has enabled inward Immediate Payment Service (IMPS) and National Electronic Funds Transfer (NEFT) services.
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Carnage on D-Street as oil prices plunge amid Covid-19 fears
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Mar 9 (ANI): Equity benchmark indices continued to bleed red throughout Monday following a slide in global peers as fears intensified over the spread of coronavirus outbreak and oil prices plunged.
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SBI's C V Nageswar given additional charge of Deputy MD and CFO
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Mar 9 (ANI): State Bank of India (SBI) said on Monday that Chalasani Venkat Nageswar, Deputy Managing Director of its international banking group, has been given additional charge of Deputy Managing Director and Chief Financial Officer with immediate effect.
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