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PTI
August 20, 2020
The 'National Strategy for Financial Education 2020-2025' (NSFE), released by the RBI, has suggested a multi-stakeholder-led approach for creating a financially aware and empowered India


Rupa Burman Roy
August 19, 2020
Overseas, Asian markets traded in the green, although gains were limited amid renewed tensions between the US and China after further US restriction on China's tech giant Huawei. On the contrary, European markets opened bullish today, rebounding from huge losses triggered by the coronavirus pandemic


BusinessToday.In
August 19, 2020
Taking to Twitter, Ministry of MSME on Wednesday announced that the central government has launched subordinate debt scheme to provide financial facility to stressed MSMEs


BusinessToday.In
August 19, 2020
The domestic unit opened at 74.71 per dollar at the interbank forex market, gained further ground and touched 74.69 per dollar, registering a rise of 7 paise over its previous close of 74.76 per dollar on Tuesday


BusinessToday.In
August 19, 2020
Sensex, Nifty Highlights today: SBI, followed by L&T, M&M, ICICI Bank, Sun Pharma, Axis Bank, ITC and Bajaj Auto were among the top gainers on Sensex pack. On the other hand, HCL Tech, Nestle India, Tata Steel, Kotak Bank and Infosys were among the laggards


Naveen Kumar
New Delhi, August 18, 2020
Senior citizens have been hit hardest by record low interest rates since that is their main source of regular income during retirement years. There are also very few health insurance plans available above 65, and those that are there come with high premiums. Heres How they can tide over this crisis


BusinessToday.In
August 17, 2020
Bandhan Bank's promoter Bandhan Financial Holdings Limited has cut its stake in the lender to 40 per cent from around 61 per cent earlier


BusinessToday.In
New Delhi, August 17, 2020
Gold loan is a quick way to meet your short-term financial crunch. Being a secured loan, it is available at lower interest rates and banks process it in no time. Earlier this month, the Reserve Bank of India hiked the loan to value (LTV) limit on gold loans to 90 per cent for banks. So, for the same value of gold, you can get higher loan amount now. However, the move does not bode well for the borrowers. Watch the video to know more.Also Read: India's GDP to contract by 16.5% in Q1 FY21: SBI report


BusinessToday.In
August 14, 2020
Traders said market participants turned cautious ahead of the Supreme Court AGR Case hearing today. Investors will also track the Wholesale Price Index (WPI) data, and trade data scheduled to be released later in the day for further cues.


BusinessToday.In
August 14, 2020
Government receives dividend from RBI: Reserve Bank of India has decided to maintain the contingency risk buffer at 5.5 per cent.


Aprajita Sharma
August 14, 2020
When you produce physical gold to the bank, it values the commodity based on its purity and as per the existing market price, and RBI-prescribed LTV, it sanctions you a loan amount


BusinessToday.In
August 13, 2020
The Consumer Price Index (CPI)-based inflation for the last month remained above the RBI's medium-term target of 4 per cent for a tenth straight month


Prasanna Mohanty
August 11, 2020
RBI has warned that economic disruptions may intensify systemic risks to India's financial sector primarily because NBFCs remain vulnerable with their deteriorating asset quality and reluctance of the market to lend them money. On the global front, there is little to cheer about shadow banking


BusinessToday.In
New Delhi, August 7, 2020
Catch top stories from the world of business and economy with BusinessToday.In's Biz EOD report


BusinessToday.In
August 7, 2020
Following the reduction in rate, the bank's overnight MCLR stands at 7 per cent while the one-month MCLR is 7.05 per cent, whereas the three-month and six-month MCLRs will now be 7.10 per cent and 7.20 per cent


Naveen Kumar
August 6, 2020
As per Winvesta, the US markets outperformed Indian markets by over 200 per cent in rupee terms in the last decade. Almost 40 per cent of the revenues of S&P-500 companies are from outside the US


Ajita Shashidhar
August 6, 2020
The branded jewellery retail market has suffered a de-growth of over 70 per cent during the lockdown and jewellery brands have little choice but to capitalise on the digital medium for growth


Niti Kiran
August 6, 2020
FPIs sequentially reduced stakes in almost two-third of BSE 500 stocks and their holdings in some 19.2 per cent companies have continually declined since Q2FY20


Reuters
August 6, 2020
India's defence ministry said in an update for June - which has now been removed - that Chinese forces had breached the border in the Kugrang Nala and Gogra areas and the north shore of Pangong Tso Lake in the northern Indian territory of Ladakh on May 17-18


Dipak Mondal
August 6, 2020
Borrowers can avail the new resolution plan by December 31, 2020, and the same must be implemented within 90 days from the date of invocation


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