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BusinessToday.In
October 26, 2020
Extending the benefits of interest waiver to all borrowers also allays feeling of unfair treatment that borrowers could have otherwise harboured, CRISIL said


Rukmini Rao
October 26, 2020
Thanks to the shift to work from home, a section of the home buyers market is looking  for larger homes with a renewed sense of urgency


Chitranjan Kumar
October 26, 2020
Kotak Mahindra Bank Q2 results: Net interest income (NII), the difference between interest earned and interest expended, rose 17 per cent Rs 3,913 crore, from Rs 3,350 crore in Q2FY20


PTI
October 25, 2020
The lender is experiencing delays in loan recovery efforts as big defaulters are approaching courts, its new chief executive and managing director Prashant Kumar said


Naveen Kumar
October 24, 2020
Pushed by the Supreme Court, this interest waiver may appear to be a good relief for the borrowers; however, going by the basic method of computation, the benefit for retail borrowers appears to be marginal


PTI
October 24, 2020
The cash-strapped group has, however, maintained its earlier estimates of addressing more than 50 per cent of the overall debt of over Rs 99,000 crore as of October 2018


Vivek Punj
New Delhi, October 24, 2020
Finance Ministry issues guidelines for implementation of interest waiverFinance Ministry has approved guidelines for a scheme granting ex-gratia payment against the difference between compound interest and simple interest for six months on loans up to Rs 2 crore. The guidelines came after the Supreme Court directed the Centre to implement as soon as possible the interest waiver on such loans during the RBI moratorium. As per the operational guidelines by Department of Financial Services, the...


PTI
October 24, 2020
Housing loan, education loans, credit card dues, auto loans, MSME loans, consumer durable loans and consumption loans are covered under the scheme


PTI
October 24, 2020
Days after his arrest, he tested coronavirus positive and underwent treatment at hospital as per the direction of the court. He recently recovered from the infection and was then remanded in judicial custody


BusinessToday.In
October 23, 2020
YES Bank shares trade higher than 5-day moving averages but lower than 20, 50, 100 and 200-day moving averages. Market capitalisation of the lender stood at Rs 32,145.44 crore as of today's session


PTI
October 23, 2020
In the previous fortnight ended September 25, 2020, bank credit had grown by 5.15 per cent to Rs 102.72 lakh crore and deposits rose by 10.51 per cent to Rs 142.64 lakh crore


BusinessToday.In
October 22, 2020
The RBI received an overwhelming response from State Development Loans (SDLs) holders as they offered Rs 15,475 crore of bonds against the issue size of Rs 10,000 crore


BusinessToday.In
October 22, 2020
Bajaj Finance share opened with a loss of 2.23% at Rs 3161 against previous close of Rs 3,233.25 today


BusinessToday.In
October 22, 2020
India Stock Market Highlights Today: ICICI Bank, followed by Asian Paints, Reliance Industries, PowerGrid, Nestle India and SBI were among the top losers today. On the other hand, Bajaj Finserv, Bajaj Finance, Bharti Airtel, L&T and UltraTech Cement were among the gainers


BusinessToday.In
October 21, 2020
Sectorally, barring FMCG, IT, media and auto indices, all other sectors closed in the green. The realty index ended 4% higher, followed by a 2% gain in metal and 1.5% rise each in banking and financial sectors


BusinessToday.In
October 21, 2020
Over 30 lakh non-gazetted employees will be benefited by the bonus announcement and total financial implication the decision will be Rs 3,737 crore, says Union minister Prakash Javadekar


PTI
October 21, 2020
In an extension of its festive offers announced recently, the bank is offering a credit score-based concession of up to 20 bps from 10 bps earlier, for a home loan of above Rs 30 lakh to Rs 2 crore across India


Chitranjan Kumar
October 21, 2020
Bajaj Finance Q2 results: Consolidated assets under management (AUM) increased by 1.15 per cent to Rs 1.37 lakh crore in Q2 FY21 compared to Rs 1.35 lakh crore in the same period last year


BusinessToday.In
October 21, 2020
India Stock Market Highlights Today: IndusInd Bank, followed by HDFC, Tata Steel, ICICI Bank, Axis Bank, SBI, Titan, Kotak Bank and Reliance Industries were among the top gainers today. On the other hand, Nestle India, HUL and TCS were among the laggards


Prasanna Mohanty
October 20, 2020
A study by two multinational giants UBS and PwC says \"huge fiscal and quantitative easing packages\" given by governments around the world drove a V-shaped recovery of stock markets and billionaires' wealth surged to $10.2 trillion by the end of July 2020


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