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PTI
June 12, 2020
The central bank has barred the co-operative bank from selling, transferring or disposing any of its properties or assets


BusinessToday.In
June 11, 2020
Thereafter, the individual shall be eligible for re-appointment as whole time director or CEO only after the expiration of three years, the RBI said


Niti Kiran
June 11, 2020
The HeroMotocorp, Power Grid, Nestle and Mahindra & Mahindra, settled the trade just a shy of 1 per cent.  The biggest losers included SBI and Sun Pharma which fell over 5 per cent during the day


BusinessToday.In
June 11, 2020
The Dow Jones fell 856 points or 3.2 per cent to open near 23,133, while the S&P 500 plunged 84 points or 2.6 per cent to open near 3,106. The Nasdaq Composite opened 220 points or 2.2 per cent lower, near 9,800


Rupa Burman Roy
June 11, 2020
Equity market indices fell sharply by Thursday's afternoon session tracking bearish cues from European markets that opened in red on US Federal Reserve's projections that the world's biggest economy would shrink 6.5% this year


Reuters
June 11, 2020
Lilly is also doing preclinical studies of a third antibody treatment for the illness caused by the new coronavirus that could enter human clinical trials in the coming weeks, Chief Scientific Officer Daniel Skovronsky said


BusinessToday.In
New Delhi, June 11, 2020
There's need for ensuring flow of credit to NBFCs with \"concrete credit backstop\" to address risk aversion in system, says RBI study


E Kumar Sharma
June 11, 2020
Vaidyanathan was closely associated with state level planning in Kerala, Karnataka and Tamil Nadu. He was actively involved in developing India's statistical system and the national sample survey


BusinessToday.In
June 11, 2020
The recent spike in the number of coronavirus cases being reported daily has led many to speculate that another lockdown is on its way for the citizens of Delhi though there is no confirmation yet


Rupa Burman Roy
June 11, 2020
On Wednesday, the US central bank repeated its promise of continued extraordinary support, estimating the US economy to shrink by 6.5% in 2020 and the unemployment rate to be at 9.3% at year's end


BusinessToday.In
June 11, 2020
Stock Market LIVE Updates: Companies set to announce their earnings are Shriram City Union Finance, Westlife, JK Agri Genetics, KSB, KNR Constructions, Sundaram Fasteners, Redington, Ind Bank Housing.


Associated Press
June 11, 2020
The Fed also specified that it will buy 80 billion of Treasury securities a month and 40 billion in mortgage-backed securities.


PTI
June 10, 2020
The move comes amid similar steps taken by the peers after two rate cuts by the Reserve Bank of India (RBI) in order to help the economic growth rise in the aftermath of the COVID-19 pandemic


PTI
June 10, 2020
The fraud at the Punjab and Maharashtra Cooperative (PMC) Bank came to light in September 2019 after the Reserve Bank of India found that the PMC Bank had allegedly created fictitious accounts to hide over Rs 4,355 crore of loans extended to the almost-bankrupt HDIL


PTI
June 10, 2020
The lockdown has been repeatedly extended, although some restrictions have been eased from May 4 in zones with fewer infections


BusinessToday.In
June 10, 2020
The domestic unit opened strong at 75.49 against the US dollar, up 12 paise over its previous close of 75.61 against the greenback on Tuesday


Anand Adhikari
June 10, 2020
Currently, the banks use credit data of TransUnion CIBIL, Experian, Equifax and CRIF Highmark before offering any loans


BusinessToday.In
June 10, 2020
Stock Market LIVE Updates: Companies set to announce their earnings are Mahanagar Gas, Voltamp Transformers, Shriram Transport Finance, Jindal Stainless (Hisar), Dhanuka Agritech, Century Textiles & Industries and Bansal Roofing Products among others.


Anand Adhikari
New Delhi, June 9, 2020
Up to Rs 40 lakh crore worth of loans of banks are under six-month moratorium. The risk of default looms large


Reuters
June 9, 2020
Oil prices bounced to three-month highs on Monday after the OPEC+ nations agreed to extend record output cuts of 9.7 million barrels per day into July amid signs of a quicker-than-expected economic recovery


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