Search For "banks"
Limit economic fallout of coronavirus with large targeted policies: IMF
Updated : 6 years ago IST
Washington DC [USA], Mar 10 (ANI): Substantial targeted policies are needed to support the global economy through coronavirus epidemic as the health crisis will have a significant economic fallout, reflecting shocks to supply and demand different from past crises, the International Monetary
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Conditions remain challenging for India's banks: Fitch
Updated : 6 years ago IST
Singapore, Mar 9 (ANI): Fitch Ratings said on Monday that operating environment remains difficult for India's banks in line with its negative outlook for the sector despite some indications of an improvement in the macroeconomic outlook.
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Centre fails to manage banks, says Salman Khurshid
Updated : 6 years ago IST
New Delhi [India], Mar 9 (ANI): Taking a dig at the Centre over the Yes Bank crisis, senior Congress leader Salman Khurshid on Sunday said that Prime Minister Narendra Modi led government claims of making India a dollar 5 trillion economy but cannot even manage banks.
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RBI assures depositors regarding safety of their deposits in banks
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 8 (ANI): The Reserve Bank of India (RBI) on Sunday assured depositors that there is "no concern regarding the safety of their deposits in any bank".
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Yes Bank crisis worst form of crony capitalism: CPI-M
Updated : 6 years ago IST
New Delhi [India], March 7 (ANI): The CPI-M said on Saturday that "collapse" of Yes Bank has raised many disturbing questions about the functioning of private banks and the failure of Reserve Bank of India to intervene in time and the episode was "the worst example of crony capitalism".
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Notice issued to Fadnavis over transfer of accounts of police staff and ot
Updated : 6 years ago IST
Nagpur (Maharashtra) [India], Mar 5 (ANI): The Nagpur Bench of the Bombay High Court on Thursday issued notice to former Maharashtra Chief Minister Devendra Fadnavis, Chief Secretary and two others on a petition against the transfer of accounts of police staff and others from public sector b
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Equity indices in the green, FMCG and IT stocks gain
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 5 (ANI): Equity benchmark indices traded with a positive bias during early hours on Thursday as global markets swung higher with central banks offering interest rate cuts to stabilise economic outlook amid spreading coronavirus.
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Will look at RBI verdict on cryptocurrencies, see what to do: Sitharaman
Updated : 6 years ago IST
New Delhi [India], Mar 4 (ANI): Finance Minister Nirmala Sitharaman on Wednesday said the central government will go through the Supreme Court judgement that struck down the RBI circular barring banks from giving access to companies in trading in cryptocurrencies and see "what we want to
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Merger of 10 public sector banks into 4 from Apr 1
Updated : 6 years ago IST
New Delhi [India], Mar 4 (ANI): The Union Cabinet on Wednesday approved merger of 10 public sector banks into four with effect from the new financial year beginning on April 1.
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Equity indices edge lower, banking and metal stocks drag
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 4 (ANI): Equity indices extended morning losses on Wednesday, dragged down by selling in banks and metal scrips, as investors assessed the economic fallout of fast-spreading coronavirus.
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Supreme Court allows trade in cryptocurrencies, quashes RBI curb
Updated : 6 years ago IST
New Delhi [India], Mar 4 (ANI): The Supreme Court on Wednesday struck down the Reserve Bank of India (RBI) 2018 circular that barred banks from giving access to companies in trading in cryptocurrencies.
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Centre asks banks to refund tax collected on disability pension
Updated : 6 years ago IST
New Delhi [India], Mar 3 (ANI): The Central Government on Tuesday has asked banks to refund the tax collected on the disability pension.
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