Search For "banks"
Indian banks to require more capital as safeguard against stress: Fitch
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 1 (ANI): Indian state-owned banks' plans to raise capital from private sources will not be sufficient to mitigate anticipated risks unless supplemented with additional capital support from the government, according to Fitch Ratings.
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CBI files case against Noida builder's son in bank fraud case
Updated : 5 years, 7 months ago IST
New Delhi [India], Aug 1 (ANI): The Central Bureau of Investigation (CBI) has filed a case against Rahul Gaur, the son of real-estate firm Gaursons chairman BL Gaur, and his wife Navneet Gaur for allegedly cheating two banks to the tune of Rs 80 crores, officials said on Saturday.
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Reliance Power, JERA sign loan agreement for project in Bangladesh
Updated : 5 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 31 (ANI): Reliance Power and JERA Co Inc, which are developing a new gas-fired power generation project in Bangladesh, have signed a loan agreement for full financing totalling 642 million dollars with a group of banks that includes the Japan Bank for Inter
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RBI's stress test results indicate high risk to asset quality: Moody's
Updated : 5 years, 8 months ago IST
Singapore, July 30 (ANI): The Reserve Bank of India's recent financial stability report and results of banking system stress tests show that banks' gross non-performing assets will rise meaningfully under all four stress test scenarios with their common equity tier one ratio declining by one
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PM joins stakeholder of banks, NBFCs to discuss future economic roadmap
Updated : 5 years, 8 months ago IST
New Delhi [India], July 29 (ANI): Prime Minister Narendra Modi joined stakeholders from Banks and NBFCs on Wednesday to discuss and deliberate on vision and roadmap for the future, a statement from the Prime Minister's Office informed.
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Modi govt has destroyed financial institutes, public sector banks: Surjewa
Updated : 5 years, 8 months ago IST
New Delhi [India], July 29 (ANI): Congress leader Randeep Singh Surjewala on Wednesday accused the government of destroying the financial institutes as well as public sector banks. Issuing a press release, Surjewala touched upon a number of issues relating to the country's economy, accusing
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Wibmo launches Video-based Customer Identification Process (V-CIP) for ban
Updated : 5 years, 8 months ago IST
Bengaluru (Karnataka) [India], July 29 (ANI/BusinessWire India): Wibmo Inc, a leading provider of payer authentication services in the world and India's largest provider of card payment security solutions today announced the launch of Wibmo Video-KYC, its video-based KYC solution to enable b
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PM to interact with bank, NBFC stakeholders on Wednesday
Updated : 5 years, 8 months ago IST
New Delhi [India], July 28 (ANI): Prime Minister Narendra Modi will join stakeholders from banks and Non-Banking Financial Companies (NBFCs) to discuss and deliberate on vision and roadmap for the future on Wednesday evening.
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Equity gauges close in the red, auto and PSU banks under pressure
Updated : 5 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 22 (ANI): Equity benchmark indices snapped six sessions of gain to close marginally lower on Wednesday amid weak global cues.
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India offers best destination for foreign investment in MSMEs, NBFCs: Niti
Updated : 5 years, 8 months ago IST
New Delhi [India], July 22 (ANI): Calling India as the most favourable destination for foreign investment, Union Minister Nitin Gadkari on Tuesday urged foreign investors to reap rich dividends by investing in the country's infrastructure, MSMEs, banks, NBFCs and other sectors.
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Banks have disbursed Rs 77,613.06 cr out of Rs 1,27,582.60 cr sanctioned u
Updated : 5 years, 8 months ago IST
New Delhi [India], July 22 (ANI): Banks have disbursed Rs 77,613.06 crore as of July 20 out of Rs 1,27,582.60 crore sanctioned under the 100 per cent Emergency Credit Line Guarantee Scheme (ECLGS), the office of Finance Minister Nirmala Sitharaman said in a tweet.
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COVID-19 exposes Asian banks' vulnerability to US dollar funding: ADB
Updated : 5 years, 8 months ago IST
Manila [The Philippines], July 21 (ANI): The COVID-19 pandemic has yet again unravelled global financial markets, putting Asia's financial resilience to the test, the Asian Development Bank (ADB) said on Tuesday.
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