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Joe C Mathew
New Delhi, June 6, 2020
Uday Kotak said a fine balance between the fiscal deficit and financial health of the Indian economy is the need of the hour


Anand Adhikari
New Delhi, June 6, 2020
In the same period, when the stock market was soaring, India's coronavirus cases jumped from 500 levels to a mind boggling 2.36 lakh. By next weekend, India will become the fourth largest country in terms of coronavirus cases only next to the US, Brazil and Russia


BusinessToday.In
New Delhi, June 6, 2020
Though made lightly, the remarks by SBI Chairman Rajnish Kumar reflect a huge difference in salary among top executives working in public and private banks


BusinessToday.In
New Delhi, June 6, 2020
Catch top stories from the world of business and economy with BusinessToday.In's Biz EOD report


Anand Adhikari
New Delhi, June 5, 2020
The banks such as Bank of Baroda and IDBI Bank have announced that 65 per cent of their loan book is under moratorium. The private banks have seen one third of their book in terms of value under moratorium


Anand Adhikari
New Delhi, June 5, 2020
New money that Kotak has raised kills many birds with one stone; first, equity dilution helps him reduce stake to meet regulatory requirement of 26 per cent by August; second, additional capital strengthens private bank's balance sheet at a time when there's fear of unknown


BusinessToday.In
New Delhi, June 4, 2020
India's biggest lender said it will raise the funds in FY21 through a public offer, a private placement of senior secured notes in the US dollar or any other convertible currency


Anand Adhikari
June 4, 2020
Small finance banks and those dealing with micro lending like Bandhan Bank have seen more than 90 per cent of their micro loan book come under moratorium


Aprajita Sharma
New Delhi, June 4, 2020
PM Vaya Vandana Yojana pension scheme is offered by Life Insurance Corporation and comes with a lock-in period of 10 years. It gives you an assured annual return of 7.66 per cent per annum


Rajeev Dubey
New Delhi, June 4, 2020
The reason India finds itself in the comity of nations that can't afford a big stimulus to stoke economic growth is the 8 quarters of wait-and-watch game played until coronavirus hit us


BusinessToday.In
New Delhi, June 4, 2020
Coronavirus impact: Moody's said that the risks to the financial system are rising. It pointed out that some sectors were under strain even before the coronavirus pandemic began


PTI
New Delhi, June 4, 2020
MIAL had scheduled a total of 19 flights for Wednesday, which include 11 departures and eight arrivals to be operated by five airlines -- Air India, IndiGo, SpiceJet, GoAir and AirAsia India


BusinessToday.In
June 3, 2020
Here's a list of banks that have cut savings account rates - State Bank of India, ICICI Bank, Axis Bank, Kotak Mahindra Bank. Check the latest saving account interest rates offered by banks.


BusinessToday.In
June 3, 2020
Earlier the stock price of Indusind Bank opened with a gain of 3.46% and later touched an intraday high of Rs 452, rising 3.94% on BSE, on back of rally in banking indices


BusinessToday.In
June 3, 2020
Stock Market LIVE Updates: Companies set to announce their earnings are Aurobindo Pharma, DCM Shriram, BPCL, Cholamandalam Investment, MAS Financial Services, Duncan Engineering, DISA, Shriram Asset Management among others


Chitranjan Kumar
New Delhi, June 2, 2020
A downgrade of India's sovereign rating to Ba1 caused downgrade of TCS and Infosys' rating to Baa1 negative from A3 negative


Chitranjan Kumar
New Delhi, June 2, 2020
Moody's has downgraded the long-term local and foreign currency deposit ratings of State Bank of India and HDFC Bank to Baa3 from Baa2, and the long-term issuer rating of EXIM India to Baa3 from Baa2


Anand Adhikari
New Delhi, June 2, 2020
The University of Cambridge, which is legally called the Chancellor, Masters and Scholars of the Cambridge, has invested in Kotak's equity offering for generating longer term returns


Prasanna Mohanty
June 1, 2020
RBI data shows excess liquidity is lying idle, parked in its own reverse repo account, and burdening it with higher interest payouts. This could be tapped and channelised for additional fiscal spending to stimulate growth through government bonds


BusinessToday.In
New Delhi, June 1, 2020
The one-year MCLR, to which a majority of loans such as residential mortgages and auto loans are tied now stands at 7.70 per cent


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