Search For "banks"
Measures in stimulus package aimed at greater multiplier effect: Sitharama
Updated : 5 years, 10 months ago IST
New Delhi [India], May 20 (ANI): Finance Minister Nirmala Sitharaman has said that the Central government's measures in the special economic package to deal with the impact of coronavirus crisis were aimed at "greater multiplier effect" and it should be through banks for meeting the fixed
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Stimulus package to provide relief for financial system but will not solve
Updated : 5 years, 10 months ago IST
Singapore, May 19 (ANI): Stimulus measures announced by the government last week as part of a Rs 20 lakh crore economic package will help ease asset risks for the financial sector but not fully offset the negative impact from coronavirus outbreak, Moody' s Investors Service said on Tuesday.
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Chavan stands by 'gold monetisation of religious trusts,' following row ov
Updated : 5 years, 10 months ago IST
Satara (Maharashtra) [India], May 15 (ANI): Former Maharashtra Chief Minister and Congress leader Prithviraj Chavan on Friday backed his remarks suggesting that the religious trusts deposit their gold with the banks as the country is under economic distress due to coronavirus crisis.
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Vijay Mallya loses application to appeal against extradition in UK Supreme
Updated : 5 years, 10 months ago IST
London [UK], May 14 (ANI): Embattled liquor tycoon Vijay Mallya has been refused permission to appeal to the UK's highest court against a ruling to extradite him from the United Kingdom to India to face charges of defrauding a consortium of Indian banks of more than Rs 11,000 crore.
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Govt-guaranteed COVID-19 crisis liquidity bridge from banks for sustainabl
Updated : 5 years, 10 months ago IST
New Delhi [India], May 12 (ANI): The government, the Reserve Bank of India (RBI) and banks need to collectively take measures to ensure that businesses do not collapse en masse due to COVID-19 impact and in turn push banks into a systemic failure, according to a study by lead industry body F
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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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When the Indian Rupee was at par with the US Dollar
Updated : 5 years, 10 months ago IST
New Delhi [India], May 10 (ANI): My first journey from India to foreign lands began in 1952 when I boarded the Italian passenger ship MV Neptunia. My destination was London. The ship first berthed at Aden and the passengers came ashore, so did I, to see the place and do some shopping. I w
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Karnataka govt should demand economic package of Rs 50,000 crore from cent
Updated : 5 years, 10 months ago IST
Bengaluru (Karnataka) [India], May 8 (ANI): Former chief minister of Karnataka and Congress leader Siddaramaiah on Friday asked the state government to demand a special economic package of at least Rs 50,000 crore from the centre to deal with the coronavirus crisis.
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Incremental credit growth declines 64 pc in FY20, could recover in FY21: I
Updated : 5 years, 10 months ago IST
New Delhi [India], May 6 (ANI) The incremental credit flow from banks, commercial papers (CPs) and corporate bonds outstanding could rise by Rs 7.3 lakh crore to 9.7 lakh crore during the current financial year FY21, according to investment information firm ICRA.
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Banks, shops selling essential goods reopen in Delhi's Bengali Market
Updated : 5 years, 10 months ago IST
New Delhi [India], May 4 (ANI): Banks and shops selling essential goods have opened here in Bengali Market, the area which was declared as a COVID-19 containment zone earlier.
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RBI extends regulatory benefits under SLF-MF Scheme
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 30 (ANI): The Reserve Bank of India (RBI) on Thursday decided that regulatory benefits announced under the special liquidity facility for mutual funds (SLF-MF) scheme will be extended to all banks, irrespective of whether they avail funding from the cen
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RBI's mutual fund support plan may struggle to be effective: Fitch
Updated : 5 years, 11 months ago IST
Singapore, April 29 (ANI): The official support measures announced for mutual funds in India may struggle to be effective as under-capitalised banks are unlikely to be tempted to extend liquidity to the sector without capital relief on the facilities, according to Fitch Ratings.
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