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BusinessToday.In
June 29, 2020
 The RBI will purchase long-dated securities with tenor between 7 to 13 years amounting Rs 10,000 crore using the multiple price auction method


BusinessToday.In
June 29, 2020
The three external members on the rate-setting panel are- Ravindra Dholakia, Pami Dua, and Chetan Ghate. They were appointed to the MPC in the year 2016 with a mandate to aim consumer prices within a 2-6% range


Reuters
June 29, 2020
The global death toll from COVID-19 reached half a million people on Sunday, according to a Reuters tally. About one-quarter of all the deaths so far have been in the United States, with cases surging in a handful of southern and western states that reopened earlier


BusinessToday.In
June 29, 2020
Stock Market LIVE Updates on June 29: Bajaj Finance, followed by Axis Bank, IndusInd Bank, ICICI Bank, SBI, HDFC duo and Infosys were among the top losers in the Sensex pack today. On the other hand, ITC, Sun Pharma, Nestle India and PowerGrid were among the gainers


PTI
June 27, 2020
On a review, it has now been decided to extend this enhanced limit till September 30, 2020,\" the Reserve Bank of India (RBI) said in a circular


PTI
June 27, 2020
The Ordinance amends the Banking Regulation Act, 1949 as applicable to cooperative banks, an official statement said on Saturday


BusinessToday.In
June 26, 2020
The Ministry had received representations that colour blind citizens were unable to obtain driving licences due to requirements of physical fitness and medical certificate


BusinessToday.In
June 26, 2020
The Council members observed that after they met the Commission in April, the lockdown was extended and since then restrictions were being lifted in a phased manner, resulting in the gradual resumption of economic activities


Chitranjan Kumar
June 26, 2020
The US central bank has capped dividend payments to the amount paid in the second quarter and further limited them to an amount based on recent earnings


BusinessToday.In
June 26, 2020
This would be the first such meet since the coronavirus outbreak. The RBI board is also expected to discuss the state of economy, and banking sector in particular


PTI
June 26, 2020
RBI has not said that the Google Pay app is unauthorised or not legally compliant in its court hearing or in its written response to the Delhi High Court


BusinessToday.In
June 26, 2020
Share Market Live: Top Sensex gainers were Infosys, TCS, IndusInd Bank rising up to 7%. Gains were led by IT stocks with BSE IT index rising 728 points to 15,125 


Manu Kaushik
June 25, 2020
Outstanding loans worth Rs 50,000 crore are attached to hotel real estate. A 50 per cent delinquency would result in Rs 25,000 crore of loans turning bad


Aprajita Sharma
June 25, 2020
In a weak demand and oversupply scenario, the prices have indeed come down, especially in metro cities; but waiting for further decline might prove counterproductive


BusinessToday.In
New Delhi, June 24, 2020
The bank would like to stress that the coupon on these bonds is cumulative in nature and any unpaid sum will become payable once the bank meets minimum regulatory capital ratio subject to the required regulatory approvals, the lender also said


Chitranjan Kumar
New Delhi, June 24, 2020
Banks and NBFCs, irrespective of whether they lend through their own digital lending platform or through an outsourced lending platform, must adhere to the fair practices code guidelines in letter and spirit, says RBI


BusinessToday.In
New Delhi, June 24, 2020
Union minister Prakash Javadekar says decision to bring 1,540 cooperative banks under RBI's supervision will give an assurance to more than 8.6 crore depositors in these banks that their money amounting to Rs 4.84 lakh crore will stay safe


BusinessToday.In
New Delhi, June 24, 2020
Union minister Prakash Javadekar says decision to bring 1,540 cooperative banks under RBI's supervision will give an assurance to more than 8.6 crore depositors in these banks that their money amounting to Rs 4.84 lakh crore will stay safe


Chitranjan Kumar
New Delhi, June 24, 2020
This would be the lowest GDP growth in India's history (since data became available in FY51) and sixth instance of economic contraction, others being in FY58, FY66, FY67, FY73 and FY80; the previous low was negative 5.2 per cent in FY80


BusinessToday.In
June 24, 2020
Rupee was trading in a narrow range today as positive domestic equities, susutained foriegn fund inflows and weak US currency supported the local unit, while rising coronavirus cases weighed on investor sentiment


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