Search For "liquidity"
RBI alleviating liquidity stress to offset COVID-19 impact on economy
Updated : 5 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 11 (ANI): The Reserve Bank of India (RBI) has cut the repo rate by 250 basis points since February 2019 to alleviate liquidity stress and provide financial stability in the economy, said Governor Shaktikanta Das on Saturday.
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TiE Mumbai continues its support to startups through multiple webinars and
Updated : 5 years, 8 months ago IST
Mumbai (Maharashtra) [India] July 7 (ANI/NewsVoir): Startups have been significantly impacted as the global COVID-19 pandemic continues to disrupt life. Entrepreneurs and innovators have had to respond to immediate questions around the existing business model, protecting employees, safely ma
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Maha Energy Minister seeks Rs 10000 crore financial assistance from Centre
Updated : 5 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 2 (ANI): Maharashtra Energy Minister Dr Nitin Raut on Thursday urged the Union Ministry of Power to provide a grant of Rs 10,000 crore to Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) to tide over the liquidity crunch caused by COVID-19 crisi
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Over Rs 24,500 crores distributed to MIFs, RRBs under special liquidity fa
Updated : 5 years, 8 months ago IST
New Delhi [India], July 2 (ANI): Union Minister G Kishan Reddy on Thursday said that over Rs 24,500 crores have been distributed to Corporate Banks, Regional Rural Banks and Micro Finance Institutions under special liquidity facility by the National Bank for Agriculture and Rural Development
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India's NBFI liquidity and asset-quality risks remain elevated: Fitch
Updated : 5 years, 8 months ago IST
Singapore, July 2 (ANI): India's non-bank financial institutions (NBFIs) will continue to face elevated near-term risks even as economic activity picks up with the easing of the country's nationwide lockdown, according to Fitch Ratings.
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RBI announces scheme for improving liquidity position of NBFC, HFCs
Updated : 5 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 1 (ANI): The Reserve Bank of India (RBI) on Wednesday said the Centre has approved a scheme to improve the liquidity position of non-banking finance companies (NBFCs) and Housing Finance Companies (HFCs) through a Special Purpose Vehicle (SPV) to avoid any
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Som Distilleries reports 17 pc jump in FY20 sales of Rs 460 crore
Updated : 5 years, 8 months ago IST
Bhopal (Madhya Pradesh) [India], June 29 (ANI): Integrated alcobev player Som Distilleries and Breweries Ltd on Monday reported net sales of Rs 460 crore in FY 2019-20 as compared to Rs 393 crore in the previous fiscal reflecting a growth of 17 per cent.
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GDP to contract by 5.3 pc in FY21 due to Covid-19 woes: Ind-Ra
Updated : 5 years, 8 months ago IST
Mumbai (Maharashtra) [India], June 24 (ANI): India's gross domestic product (GDP) will contract by 5.3 per cent year-on-year in the current financial year (FY21), marking the lowest growth rate in the country's history and sixth instance of economic contraction, India Ratings and Research (I
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Maruti Suzuki ties up with IndusInd Bank for finance options
Updated : 5 years, 9 months ago IST
New Delhi [India], June 16 (ANI): Maruti Suzuki India on Tuesday announced a collaboration with IndusInd Bank to arrange finance schemes for customers at a time when the automobile sector is witnessing falling sales due to economic slowdown amid the COVID-19 lockdown.
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We need to increase liquidity in market, says Gadkari
Updated : 5 years, 9 months ago IST
New Delhi [India], June 16 (ANI): Union Minister Nitin Gadkari said that without increasing the liquidity in the market the wheel of economy cannot be accelerated.
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Tata Motors Q4 net loss at Rs 9,864 crore as Covid-19 hits sales
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 15 (ANI): Tata Motors on Monday reported a consolidated net loss of Rs 9,864 crore in the January to March quarter (Q4 FY20) as compared to a net profit of Rs 1,109 crore in Q4 FY19.
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Infrastructure finance major PTC India issues fresh loans of Rs 884 in Q4
Updated : 5 years, 9 months ago IST
New Delhi [India], June 15 (ANI): Infrastructure finance company PTC India Financial Services on Monday reported issuing fresh loans of Rs 884 crore and further disbursements of about Rs 511 crore during the quarter ended March (Q4 FY20).
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