Search For "banks"
Bulls on top of bourses, private banks and financials jump
Updated : 5 years, 5 months ago IST
Mumbai (Maharashtra) [India], October 1 (ANI): Equity benchmark indices closed 1.6 per cent higher on Thursday with across-the-board buying in all sectors as investors hoped for another stimulus package from the government to offset Q1 losses stemming from COVID-19 lockdown.
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A-Pac bank provisioning set to remain elevated in 2021: Fitch
Updated : 5 years, 5 months ago IST
Singapore, October 1 (ANI): Provisioning levels will remain elevated across Asia Pacific (A-Pac) banking sectors in the second half of this year and 2021, according to Fitch Ratings.
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RBI extends enhanced borrowing limit for banks under MSF till March 31
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], September 29 (ANI): The Reserve Bank of India (RBI) has extended the enhanced borrowing facility provided to banks by six months to meet liquidity shortage till March 31, 2021.
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Potential US sanctions loom over banks with China connections: Fitch
Updated : 5 years, 6 months ago IST
London [UK], September 25 (ANI): Chinese banks and international non-US banks with connections to China could become ensnared in processes leading to US sanctions, Fitch Ratings has said in a new report.
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Banks sanction Rs 1.77 lakh crore to MSMEs under ECLGS: Nirmala Sitharaman
Updated : 5 years, 6 months ago IST
New Delhi [India], September 25 (ANI): Union Finance Minister Nirmala Sitharaman on Thursday said that around Rs 1.77 lakh crore credit has been sanctioned by Public Sector Banks (PSBs) and private banks to MSMEs and individuals reeling under the slowdown caused by the coronavirus pandemic.
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RBI asks urban co-op banks to adopt robust cyber security infrastructure
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sep 24 (ANI): The Reserve Bank of India (RBI) on Thursday asked urban cooperative banks (UCBs) to bring their cyber security systems at par with other banks to combat online threats.
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Global banking recovery will stretch to 2023 and beyond: S&P
Updated : 5 years, 6 months ago IST
Melbourne [Australia], September 24 (ANI): COVID-19 and the oil price shock of 2020 are taking a heavy toll on global banks, S&P Global Ratings said on Thursday adding that it will be difficult for them to return to pre-crisis levels in the next three years.
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Equity indices down by 1.5 pc, metals and PSU banks drag
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], September 24 (ANI): Equity benchmark indices plunged by nearly 1.5 per cent during early hours on Thursday on the back of weak global cues.
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Six Pakistani banks named in FinCEN leak: Report
Updated : 5 years, 6 months ago IST
Islamabad [Pakistan], September 23 (ANI): As many as six Pakistani banks have been identified for suspicious transactions for close to USD 2.5 million, in a probe that looks into the role that global banks play in money laundering.
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MP CM transfers Rs 800 cr to cooperative banks to be given as interest-fre
Updated : 5 years, 6 months ago IST
Bhopal (Madhya Pradesh) [India], September 22 (ANI): Madhya Pradesh Chief Minister Shivraj Singh Chouhan on Tuesday transferred Rs 800 crore to cooperative banks to be given as zero per cent interest loans to farmers in the state.
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SC dismisses plea seeking to direct PSBs to invoke personal guarantees of
Updated : 5 years, 6 months ago IST
New Delhi [India], September 22 (ANI): The Supreme Court on Tuesday dismissed a petition seeking directions for the public sector banks to invoke personal guarantees of the defaulters by attaching their private properties.
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Shriram City Union Finance offers highest interest rate on fixed deposits
Updated : 5 years, 6 months ago IST
New Delhi [India], September 21 (ANI/NewsVoir): Even as other banks and NBFCs have slashed interest rate on fixed deposits in the current challenging market scenario, Shriram City Union Finance (Shriram City), one of India's leading deposits accepting NBFCs, has launched a high yield cumulat
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