Search For "banks"
Moody's downgrades 11 Indian banks, 11 NFIs, 11 infra majors, 4 issuers
Updated : 5 years, 9 months ago IST
Singapore, June 2 (ANI): Moody's Investors Service on Tuesday downgraded 11 Indian banks along with as many non-financial companies and infrastructure majors besides four government-related issuers following a downgrade of the Indian government's issuer rating to Baa3 from Baa2 with a negati
Read More
Sensex jumps 522 points, Nifty just shy of 10,000 mark
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 2 (ANI): Equity benchmark indices rallied for the fifth consecutive day on Tuesday lifted mainly by realty, private banks and financial services after Prime Minister Narendra Modi assured that India will soon get its economic growth back.
Read More
Cabinet approves extension of repayment date for short-term agriculture lo
Updated : 5 years, 10 months ago IST
New Delhi [India], June 1 (ANI): The Union Cabinet on Monday gave its approval to extend repayment date up to August 31 for standard short-term loans up to Rs 3 lakh given for agriculture and allied activities by banks.
Read More
Loan moratorium extension a credit negative for NBFIs' liquidity: Moody's
Updated : 5 years, 10 months ago IST
Singapore, June 1 (ANI): The extension of a moratorium on loan repayments to their customers until September 1 is credit negative for the liquidity profile of non-bank financial institutions (NBFI), according to Moody's Investors Service.
Read More
Indian banks' balance sheet risks rise with increasing lending pressure: F
Updated : 5 years, 10 months ago IST
Singapore, May 29 (ANI): Indian banks are looking at significant asset quality challenges for at least the next two years despite regulatory measures, according to Fitch Ratings.
Read More
TDB to keep gold in banks to overcome its financial crisis
Updated : 5 years, 10 months ago IST
Thiruvananthapuram (Kerala) [India], May 28 (ANI): Travancore Devaswam Board (TDB) president N Vasu on Thursday said that TDB will keep gold in banks to overcome the financial crisis it is faced with, due to closure of temples in the backdrop of coronavirus induced lockdown.
Read More
Sensex reclaims 32,000-mark, auto stocks lead the rally
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 28 (ANI): Equity benchmark indices gained 1.8 per cent on Thursday on the back of positive global cues with autos and private banks leading the buoyancy in market sentiment.
Read More
Equity indices up 1 pc on global cues, IndusInd Bank top gainer
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 28 (ANI): Equity benchmark indices gained about 1 per cent during early hours on Thursday on the back of positive global cues with private banks leading the pack.
Read More
RBI cuts key interest rates, forecasts H1 FY21 GDP growth to contract on C
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 22 (ANI): The Reserve Bank of India (RBI) on Friday unveiled a series of measures to minimise the impact of coronavirus (COVID-19) pandemic and subsequent countrywide lockdown which is likely to contract GDP growth rate in the first half of current financial
Read More
RBI slashes repo rate by 40 bps, extends loan moratorium by 3 months
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 22 (ANI): The Reserve Bank of India (RBI) on Friday reduced the repo rate by 40 basis points to 4 per cent and extended the loan repayment moratorium for another three months up to August 31.
Read More
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
Read More
Indian govt in touch with UK over Vijay Mallya's extradition: Sources
Updated : 5 years, 10 months ago IST
New Delhi [India], May 21 (ANI): The Government of India is in touch with the United Kingdom over the next step in the process of extraditing embattled liquor baron Vijay Mallya, who was recently refused permission to appeal to UK's highest court against a ruling to extradite him to face cha
Read More