Search For "financial institution"
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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Impact of COVID-19 lockdown will manifest in slowdown in domestic activity
Updated : 5 years, 11 months ago IST
New Delhi [India], April 25 (ANI): The Advisory Council to the 15th Finance Commission in its meeting on April 23-24, felt that the impact of COVID-19 lockdown on Indian economy will lead to a slowdown in domestic activity, its impact on cash flows of financial institutions and business e
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MHA issues order to include activities in four sectors in its consolidated
Updated : 5 years, 11 months ago IST
New Delhi [India], April 17 (ANI): The Ministry of Home Affairs (MHA) has issued an order to include more activities which include Non-Banking financial institutions, cooperative credit societies and other financial institutions with minimum staff, making them exempt from the lockdown wit
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IMF to consider $1.4 bn loan to Pakistan after Imran Khan seeks help to ta
Updated : 5 years, 11 months ago IST
Islamabad [Pakistan], April 13 (ANI): The International Monetary Fund (IMF) has called its executive board meeting on April 16 to consider disbursement of an extra loan worth $1.4 billion to Pakistan after prime minister Imran Khan, once again, opened up his arms before the global financial
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Finance Ministry staff, allied institutions contribute Rs 430 crore to PM-
Updated : 5 years, 11 months ago IST
New Delhi [India], April 5 (ANI): The officers and staff of the Finance Ministry including the officials of Financial Institutions and Public Sector Banks/Enterprises (PSB) have contributed Rs 430 crore towards PM-CARES Fund to combat the coronavirus pandemic.
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Fitch cuts India growth forecast to 30-year low of 2 pc for FY21
Updated : 5 years, 11 months ago IST
Singapore, April 3 (ANI): Fitch Ratings on Friday cut its GDP growth forecast for India to 2 per cent for the fiscal year ending March 2021 after lowering it to 5.1 per cent previously, which will make it the slowest growth in India over the past 30 years.
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Moody's takes rating actions on four Indian financial institutions
Updated : 5 years, 11 months ago IST
Singapore, April 3 (ANI): Moody's Investors Service on Friday affirmed the deposit ratings of ICICI Bank and Axis Bank at Baa3, and of IDBI Bank at Ba2.
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Coronavirus: SC stays orders preventing action against non-payment of taxe
Updated : 6 years ago IST
New Delhi [India], Mar 20 (ANI): The Supreme Court on Friday stayed Kerala and Allahabad High Court orders, which directed banks, financial institutions, income tax department and GST authorities to defer recovery proceedings or coercive measures till April 6 in the states in light of the
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NBFI challenges can intensify from Yes Bank restructuring: Fitch Ratings
Updated : 6 years ago IST
Singapore, Mar 12 (ANI): Non-bank financial institutions (NBFIs) will likely face renewed pressure on funding and liquidity following the Reserve Bank of India's (RBI's) takeover of Yes Bank this month, according to Fitch Ratings.
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Coronavirus pandemic to have hard impact on global economy, say business f
Updated : 6 years ago IST
Washington [US], Mar 12 (ANI): A range of financial institutions around the world have admitted that the coronavirus pandemic would have a hard impact on the world economy.
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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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Axis Bank appoints Puneet Sharma as new CFO
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Feb 27 (ANI): Private sector lender Axis Bank said on Thursday its board of directors has approved the appointment of Puneet Sharma as the new Chief Financial Officer and key managerial personnel.
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