Tel Aviv [Israel], April 15 (ANI): Tata Consultancy Services (TCS) said on Wednesday it has been selected by Israel's Ministry of Finance to transform its banking sector by building a service bureau that will serve as a shared, plug-and-play, digital banking operations platform.
Kolkata (West Bengal) [India], April 13 (ANI): Bandhan Bank said on Monday its loans and advances grew by 60 per cent to Rs 71,825 crore in the financial year ended March 31 from Rs 44,776 crore in the year-ago period.
Mumbai (Maharashtra) [India], April 10 (ANI): India Ratings and Research (Ind-Ra) has revised its outlook for energy infrastructure companies to negative from stable for FY21 as the COVID-19-driven lockdown is likely to affect liquidity level in all companies across the power sector value ch
Mumbai (Maharashtra) [India], April 9 (ANI): Crisil on Thursday reaffirmed its AAA-stable and A1-plus ratings on the debt programmes and bank facilities of Mahindra and Mahindra (M&M) Ltd.
Mumbai (Maharashtra) [India], April 8 (ANI/ BusinessWire India): Diamond prices fell in March as the spreading coronavirus led to a dramatic decline in the global economy. Diamond markets are under pressure and facing a severe liquidity crisis as jewelry retail, diamond manufacturing, and tr
New Delhi [India], Mar 30 (ANI): The Reserve Bank of India (RBI) on Monday extended the Fixed Rate Reverse Repo and Marginal Standing Facility (MSF) window to provide eligible market participants with greater flexibility in their liquidity management.
Bengaluru (Karnataka) [India], Mar 30 (ANI): Coffee Day Enterprises Ltd (CDEL) has received the first tranche of Rs 2,000 crore following disinvestment of Global Village Techparks to repay debts following the death of its founder V G Siddhartha.
New Delhi [India], Mar 28 (ANI): Finance Minister Nirmala Sitharaman on Saturday made a one-to-one call with the Chairman and Managing Directors (CMDs) of all public sector banks and asked them to maintain adequate liquidity in the branch, ATM and at banking correspondent level amid coron
Gurugram (Haryana) [India], Mar 28 (ANI/ NewsVoir): Gurugram realty developers have lauded RBI measures to inject liquidity into the Indian economy. The Reserve Bank of India today slashed the repo rate by 75 bps to 4.4 percent and reduced the reverse repo rate by 90 bps to 4 percent. Moreov
New Delhi [India], Mar 27 (ANI): Industry bodies and market experts on Friday complimented the Reserve Bank of India (RBI) on the decision to reduce repo rate by 75 basis points and introduce a host of other measures to boost liquidity the financial system on account of COVID-19 outbreak and
New Delhi [India], Mar 27 (ANI): Prime Minister Narendra Modi on Friday lauded the decisions taken by the Reserve Bank of India to combat the economic slowdown triggered by the coronavirus lockdown and said that it will improve liquidity, reduce the cost of funds and help the middle class an
Mumbai (Maharashtra) [India], Mar 27 (ANI): Equity benchmark indices were buoyant during early hours on Friday ahead of a media briefing by Reserve Bank of India (RBI) Governor Shaktikanta Das, raising hopes of liquidity-infusing steps to absorb the economic impact of coronavirus amid a coun