Search For "banking"
Equity indices in red after RBI rate cut, banking stocks down as loan mora
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 22 (ANI): Equity benchmark indices closed lower on Friday due to underperformance by banking and financial stocks as the Reserve Bank of India forecast contraction in H1 FY21 GDP growth, cut repo rate by 40 basis points to inject liquidity and extended the l
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Industry appreciates RBI rate cut, loan moratorium extension
Updated : 5 years, 10 months ago IST
New Delhi [India], May 22 (ANI): Industry experts on Friday largely welcomed the Reserve Bank of India's measures to increase private consumption and provide liquidity access to all sectors hit by the Covid-19 pandemic.
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Equity indices tumble by 1 pc on RBI rate cut, banking stocks suffer as mo
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 22 (ANI): Equity benchmark indices fell by 1 per cent during the afternoon on Friday as the Reserve Bank of India forecast contraction in H1 FY21 GDP growth, cut repo rate by 40 basis points and extended the loan repayment moratorium for another three months
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Odisha govt asks all scheduled banks to normalise banking operation hours
Updated : 5 years, 10 months ago IST
Bhubaneswar (Odisha) [India], May 22 (ANI): In view of relaxation of coronavirus-imposed lockdown restrictions, the Odisha Government has asked all scheduled banks including Cooperative Banks and RRBs in the State to normalise the banking operation hours for customers from 10 am to 4 pm with
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For Alappuzha's island residents, mobile banking kiosks come as respite du
Updated : 5 years, 10 months ago IST
Alappuzha (Kerala) [India], May 21 (ANI): For people living in islands of Alappuzha cut off from the mainland, mobile banking kiosks have come as a huge relief for them as they have facilities to withdraw money during the COVID-19 lockdown.
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Cabinet approves Special Liquidity Scheme for NBFCs/HFCs to address their
Updated : 5 years, 10 months ago IST
New Delhi [India], May 20 (ANI): The Union Cabinet, which met here on Wednesday under the chairmanship of Prime Minister Narendra Modi, gave approval to the Finance Ministry to launch a new Special Liquidity Scheme for non-banking financial companies (NBFCs) and housing finance companies
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Sensex plunges 1,069 points, banking and financial stocks hit badly
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 18 (ANI): Equity benchmark indices extended early losses and closed 3.4 per cent lower on Monday as the country extended nationwide lockdown till month-end to curb the spread of coronavirus (COVID-19) pandemic.
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Intellect launches iTurmeric FinCloud; will deliver offerings through IBM'
Updated : 5 years, 10 months ago IST
Chennai (Tamil Nadu) [India], May 18 (ANI/PRNewswire): Intellect Design Arena Ltd., a global leader and the world's first full spectrum banking and insurance products company, introduced iTurmeric FinCloud - its future-ready, cloud-ready, API-first, microservices-based platform - available t
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Agritech marketplace SafalFasal to repair coronavirus-hit supply chain
Updated : 5 years, 10 months ago IST
New Delhi [India], May 16 (ANI): Global digital payment solutions leader BPC and its SME marketplace SafalFasal said they have supported more than 75,000 Covid-hit farmers across India by offering technological and financial solutions to help the farm sector keep food and supply chain rollin
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SC issues notice to Centre, RBI over plea seeking clarity on loan moratori
Updated : 5 years, 10 months ago IST
New Delhi [India], May 15 (ANI): The Supreme Court on Friday issued notices to the Central government and the Reserve Bank of India (RBI) on a plea seeking clarification whether all non-banking finance companies are eligible for loan moratorium or not.
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Sitharaman announces Rs 30,000 crore special liquidity scheme for NBFCs, M
Updated : 5 years, 10 months ago IST
New Delhi [India], May 13 (ANI): Finance Minister Nirmala Sitharaman on Wednesday announced a Rs 30,000 crore special liquidity scheme for non-banking finance companies (NBFCs), housing finance companies (HFCs) and micro-finance institutions (MFIs).
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Equity indices close in the red, banking stocks sink but autos surge
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 11 (ANI): Equity benchmark indices wiped out intra-days gains on Monday and closed in the red due to profit booking with private banks leading the slide.
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