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PTI
July 11, 2020
Arjun Jayadev with Azim Premji University said concerns on the health infrastructure affect the broader economy as well and pointed out that the animal spirits can only be rekindled once the fear of health shock goes away


Anand Adhikari
July 11, 2020
While speaking at the SBI Conclave, the RBI Governor in his keynote address said that 'building buffers and raising capital' will be very crucial not only to ensure credit flow but also to build resilience in the financial system


Reuters
July 11, 2020
Policy responses by the central bank appear to have worked so far, but going forward the situation would need even more careful assessment, said Reserve Bank of India Governor Shaktikanta Das


BusinessToday.In
July 11, 2020
Shaktikanta Das said that from February 2019 onward RBI had cut 135 basis points repo rate till the onset of coronavirus to tackle the slowdown in growth


Chitranjan Kumar
July 10, 2020
The slippages for five private sector banks - HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank and IndusInd Bank - would be around 5 per cent for FY21, if refinancing remains a challenge


BusinessToday.In
July 10, 2020
In May, SBI had announced an extension of the moratorium by three months to August amid the ongoing coronavirus crisis


PTI
July 10, 2020
Speaking at the SBI Banking and Economics Conclave, Kumar said there is a need to wait for three to four months to see the trend of the recovery


Anand Adhikari
July 10, 2020
Higher voting rights in private bank may come as a dampener for attracting new investors into the bank; investors may feel that SBI would call shots in deciding future strategy


PTI
July 10, 2020
The advisory committee is mandated to advise Sebi on issues related to regulation and development of mutual fund industry


Chitranjan Kumar
July 10, 2020
Uday Kotak said that government and industry should learn from capital market investors and not worry too much about the current fiscal year's slowdown and instead plan and work towards a medium-term growth strategy


BusinessToday.In
July 10, 2020
Trimming of stake comes hot on wheels of ongoing India-China tension and calls for boycott of Chinese products and investment. Experts also believe trimming of stake could have been done to avoid public glare in wake of souring India-China relations


BusinessToday.In
July 10, 2020
PNB share price fell up to 6.74% to Rs 34.6 against previous close of Rs 37.10 on BSE. The large cap stock has lost 6.31% in two days


BusinessToday.In
New Delhi, July 10, 2020
PNB reports over Rs 3600 crore loans to DHFL as fraudPunjab National Bank said on Thursday it had reported loans made to Dewan Housing Finance Corporation Ltd worth 36.89 billion rupees ($491 million) to India's central bank as \"fraud.\" Indian state-owned lender PNB, which was hit by a $2 billion fraud involving billionaire Nirav Modi in 2018, had already set aside 12.5 billion rupees in provisions for the loans to DHFL, which is in bankruptcy proceedings.Uttar Pradesh govt imposes corona...


PTI
July 10, 2020
There is lots of monetary space as interest rates here are still significantly positive unlike western Europe, where there is zero to negative rates, he said at the India Global Week 2020


BusinessToday.In
July 9, 2020
ICICI Bank stock price has gained 1.83% in one week and nearly 6% in one month. The total market capitalisation of the large-cap stock stood at Rs 2,39,192.77 crore as of today's session


BusinessToday.In
July 9, 2020
Stock Market LIVE Updates on July 9: Tata Steel, IndusInd Bank, Bajaj Finance, ICICI Bank, M&M, SBI and Axis Bank were among the top gainers today. On the other hand, Maruti, Reliance Industries, TCS and Titan were among the laggards


BusinessToday.In
July 8, 2020
On Tuesday, YES Bank announced that its capital raising committee (CRC) of the board of directors had approved raising funds by way of a FPO


BusinessToday.In
July 8, 2020
Talking about how India can design a macro-economic policy, Rajan clarified that the country needs to get its medical policy right first


Anand Adhikari
New Delhi, July 8, 2020
The financial services sector is witnessing the adoption of new technologies and business model changes, albeit in different and innovative ways


E Kumar Sharma
New Delhi, July 8, 2020
As central banks look at digital currencies, this emerging technology will soon be hard to ignore


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