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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


BusinessToday.In
October 26, 2020
Sectorally, all the indices traded in red today, with the auto index dropping over 3%, followed by a 2.7% decline in media and a 2% drop in realty index


BusinessToday.In
October 26, 2020
Gold, Silver prices today: Gold, viewed as a hedge against inflation and currency debasement has risen over 25% this year, supported by unprecedented monetary stimulus from major central banks


BusinessToday.In
October 26, 2020
India Stock Market Highlights Today: Reliance Industries, followed by Tata Steel, Bajaj Finance, Asian Paints, M&M, ICICI Bank and Bajaj Finserv were among the top laggards in the Sensex pack today. On the other hand, IndusInd Bank, Nestle India, PowerGrid and L&T were among the gainers


PTI
October 25, 2020
According to banking sources, Religare Enterprises introduced a couple of investors interested in Religare Finvest Ltd to lenders in a meeting with bankers held recently


PTI
October 24, 2020
The cash-strapped group has, however, maintained its earlier estimates of addressing more than 50 per cent of the overall debt of over Rs 99,000 crore as of October 2018


BusinessToday.In
New Delhi, October 23, 2020
India's smartphone shipments hit record high in Q3 2020; Xiaomi, Samsung, Vivo top charts; Bank credit rises to Rs 103.44 lakh crore; The world's largest vaccine maker by volume, Serum Institute of India (SII), is readying one billion doses of five different COVID-19 vaccines worldwide before the end of 2021-22. Watch this and more news on News Blast.


BusinessToday.In
October 23, 2020
The central board of Reserve Bank of India (RBI) met on Friday to discuss the current economic scenario, continued global and domestic challenges and various areas of operations of the central bank


PTI
October 23, 2020
In the previous fortnight ended September 25, 2020, bank credit had grown by 5.15 per cent to Rs 102.72 lakh crore and deposits rose by 10.51 per cent to Rs 142.64 lakh crore


Dipak Mondal
October 22, 2020
Sanyal's reaction came after the former Reserve Bank of India Governor Raghuram Rajan recently cautioned against import substitution by erecting tariffs under the 'Aatmanirbhar Bharat' initiative


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