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Don't panic, govt committed to protect interests of Bengaluru Co-op bank d
Updated : 6 years, 6 months ago IST
Bengaluru (Karnataka) [India], Jan 14 (ANI): After the Reserve Bank of India (RBI) capped to Rs 35,000 the withdrawal limit of Sri Guru Raghavendra Co-operative Bank, BJP MP Tejasvi Surya on Tuesday said that the Central government is committed to protecting the interests of the bank's depos
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Worried over RBI order on Raghavendra Co-op bank, depositors queue up outs
Updated : 6 years, 6 months ago IST
Bengaluru (Karnataka) [India], Jan 14 (ANI): After the Reserve Bank of India (RBI) has restricted the Sri Guru Raghavendra Co-operative Bank from doing business with immediate effect and capped withdrawal limit at Rs 35,000, the depositors on Tuesday queued up outside branches of the bank in
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India could create 16 lakh less payrolls in FY20: SBI
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Jan 14 (ANI): The number of new payrolls created in the current financial year 2019-20 could be at least 16 lakh lower than in the previous year, according to a report authored by Soumya Kanti Ghosh, Group Chief Economic Adviser at the State Bank of India (SBI).
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Equity indices flat as traders book profits, Yes Bank and L&T top drags
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Jan 14 (ANI): Traders booked profit and equity benchmark indices were flat during early hours on Tuesday while Asian markets looked up amid signs of goodwill between China and the United States as the world's two biggest economies prepared to sign the long-await
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BJP MP seeks to calm depositors after RBI imposes curbs on Bengaluru Co-op
Updated : 6 years, 6 months ago IST
Bengaluru (Karnataka) [India], Jan 14 (ANI): Days after the Reserve Bank of India (RBI) capped to Rs 35,000 the withdrawal limit of Sri Guru Raghavendra Co-operative Bank, BJP MP Tejasvi Surya on Monday reassured account holders and said Finance Minister Nirmala Sitharaman was personally mon
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No fraud, fund diversion at Reliance Home Finance: Forensic auditor
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Jan 13 (ANI): Reliance Housing Finance Ltd's (RHFL's) forensic auditor Grant Thornton has not recorded any adverse findings on 11 parameters, including any diversion or siphoning of funds, embezzlement, falsification of accounts and fraudulent transactions by pr
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RBI announces auction of 63-Day Government of India Cash Management Bill
Updated : 6 years, 6 months ago IST
New Delhi [India], Jan 10 (ANI): The Reserve Bank of India (RBI) on Friday announced the auction of a 63-Day Government of India Cash Management Bill.
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Suzlon Energy stock slides by 10 pc after default on borrowings worth Rs 7
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Jan 8 (ANI): The share price of Suzlon Energy dipped by 10 per cent on Wednesday morning after the financially-strapped renewable energy solutions provider said it defaulted on loans worth Rs 7,256.38 crore.
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SC asks Centre to look into PIL against RBI's decision on banknotes deface
Updated : 6 years, 6 months ago IST
Jammu and Kashmir [India], Jan 7 (ANI): The Supreme Court on Tuesday asked the Centre to look into public interest litigation (PIL) against Reserve Bank of India's (RBI) decision to exchange Rs 30 crores worth of banknotes which were defaced by separatist groups in Kashmir in 2013.
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Maharashtra loan waiver to cost at Rs 45,000 crore to 51,000 crore: SBI
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Jan 6 (ANI): The newly-formed Maharashtra government's announcement to waive off loans up to Rs 2 lakh for farmers with a cut-off date of September 30, 2019 and providing relief to non-defaulting farmers who have a loan above Rs 2 lakh can cost at between Rs 45,
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Sensex crashes by 788 points on US-Iran tensions, banks and auto companies
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Jan 6 (ANI): Equity benchmark indices crashed by nearly 2 per cent on Monday as geopolitical tensions shot up crude oil and gold prices.
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Equities crash on US-Iran tensions, Nifty sinks below 12,100
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Jan 6 (ANI): Equity indices suffered a blow during early hours on Monday on the back of escalating geopolitical tension after a senior Iranian military official was killed by a US airstrike.
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