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BusinessToday.In
November 2, 2020
All markets under RBI will open at 10 AM. While trading in tri-party repo in government securities will be closed at 3 PM, the rest will continue for another 30 minutes till 3:30 PM


BusinessToday.In
November 2, 2020
Net interest income (NII), the difference between interest earned and interest expended, at the end of second quarter of financial year 2020-21 stood at Rs 8,393.20, as opposed to Rs 4,263.84 in the year ago period


BusinessToday.In
November 2, 2020
Trading duration for foreign currency and rupee market including forexderivatives, government securities, commercial paper and certificates ofdeposit has been increased by 1.5 hours


Rupa Burman Roy
November 2, 2020
Amid hopes of better than expected economic activity and fast recovery in China, Asian stocks turned positive today. Chinese manufacturing activity grew in October to 53.6, which was higher than analysts' estimates


BusinessToday.In
November 2, 2020
India Stock Market Highlights: Reliance Industries, followed by HCL Tech, TCS, Asian Paints, Bajaj Auto, Infosys and HUL were among the top losers. On the other hand, ICICI Bank, IndusInd Bank, Bharti Airtel and SBI were among the gainers


PTI
November 1, 2020
Supreme Court is scheduled to hear a batch of PILs related to charging of interest on interest by banks on EMIs which have not been paid by borrowers after availing RBI's loan moratorium scheme


PTI
November 1, 2020
With the infusion, sources said, CRAR of these weak RRBs rose to 9 per cent level as per the regulatory norms prescribed by the Reserve Bank of India (RBI)


Rupa Burman Roy
October 31, 2020
Stock Market Update for upcoming week: During the week, the 30-share BSE index Sensex and NSE Nifty 50 fell by 1071 points and 288 points, respectively


Aprajita Sharma
October 31, 2020
Interest rates have fallen below 7 per cent in most banks. Union Bank of India is offering loans up to Rs 75 lakh in the interest rate range of 6.7 to 7.1 per cent


Chitranjan Kumar
October 30, 2020
As per the revised deal, Axis Bank and its subsidiaries, i.e. Axis Capital Limited and Axis Securities Limited, have agreed to enter into revised agreements with Max Financial for the acquisition of up to 19.002 per cent of the equity share capital of Max Life


PTI
October 30, 2020
Crop and tractor loans come under agriculture and allied activities loans and are not part of the eight segments or classes eligible under the scheme


PTI
October 29, 2020
RBI had conducted an off-site examination of the records related to para-banking activity in a matter of default on the National Spot Exchange Ltd (NSEL)


BusinessToday.In
October 29, 2020
Jio Payments Bank was required to submit an application on reappointment of MD & CEO four months prior to the date on which the term was to expire. The bank, however, sent the application less than a month prior to that date


Santhosh Babu
October 28, 2020
To rejuvenate the system with new aspirations and initiatives they need to involve the entire organisation in a quick way and make this process a participatory one thus creating ownership across the organisation


PTI
October 28, 2020
The Chinese Communist Party is a predator. The US comes in a different way, we come as a friend, Pompeo said in response to a question


BusinessToday.In
October 28, 2020
Currently, financial conditions in India are easiest seen in two years, says CRISIL. As per the ratings agency, the RBI's sharp rate cuts and unconventional measures have helped ease financial conditions


Chitranjan Kumar
October 28, 2020
States have budgeted their consolidated gross fiscal deficit (GFD) at 2.8 per cent of GDP in 2020-21; however, the coronavirus pandemic may alter budget estimates significantly, says RBI report


BusinessToday.In
October 27, 2020
Last week, the government had directed banks to credit the difference between compound interest and simple interest collected on loans of up to Rs 2 crore by November 5


BusinessToday.In
October 27, 2020
The scheme authorises ex-gratia payment to a specific class of borrowers by way of crediting the difference between simple and compound interest for the period between March 1, 2020, and August 31, 2020, by respective credit establishments


BusinessToday.In
October 26, 2020
The total income of SBI Life Insurance jumped by 45 per cent to Rs 18,458 crore in Q2 FY20, against Rs 12,745 crore in the year-ago period


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