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Total 2532 results found. Search for [ Reserve Bank of India's (RBI) ]

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Chitranjan Kumar
New Delhi, May 28, 2020
For the fourth quarter ended March 31, 2020, Federal Bank reported a net profit of Rs 301.23 crore compared to Rs 381.51 crore in the year-ago period, registering a year-on-year decline of 21.04 per cent


BusinessToday.In
New Delhi, May 28, 2020
At least seven deaths on-board migrant special trains were reported on Wednesday, officials said, putting the Railways in the dock over its handling of these non-AC trains. The national transporter said most of the deceased had pre-existing health conditions; The Centre may ask states and union territories to take a call on future curbs on their respective jurisdictions after lockdown 4.0 ends on May 31; In a much needed respite to borrowers hit by coronavirus crisis, State Bank of India, the country's largest lender, has extended the moratorium on term loan EMIs by another three months, in line with Reserve Bank of India's (RBI) recent announcement. Watch this and more on News Blast.Also Read: Lockdown 5.0 guidelines: Select cities may have restrictions; is yours on the list?


BusinessToday.In
New Delhi, May 28, 2020
India's GDP growth to slow down to 1.5% in Q4, says ICICI Bank reportIndia's GDP growth is expected to slow down to 1.5 per cent in the fourth quarter of the financial year 2019-20 with a \"possible downside bias\", falling sharply from the 4.7 per cent reported in Q3, on account of the spread of the coronavirus and subsequent lockdown, a research by private lender ICICI Bank said on Wednesday.Google faces antitrust case in India over payments appIndia's antitrust body is looking ...


Reuters
May 28, 2020
A nationwide lockdown entering its third month is expected to lead to a contraction in economic growth in the current financial year, according to several global rating agencies, which have also changed their outlook on the banking sector to negative


BusinessToday.In
New Delhi, May 27, 2020
The extension of moratorium and deferment of EMIs would give some respite to the borrowers amid coronavirus outbreak, says SBI


PTI
May 27, 2020
The rupee opened weak at 75.72 at the interbank forex market and then fell further to 75.74, down 8 paise over its last close


Naveen Kumar
New Delhi, May 27, 2020
From the NBFC liquidity crisis in 2018 to collapse of six Franklin Templeton schemes, debt funds are no longer considered safe


E Kumar Sharma
May 25, 2020
He feels provision for some kind of cash dispensation is necessary, saying the government could cut some other expenditures, perhaps towards administration or travel


Aprajita Sharma
New Delhi, May 24, 2020
A balance sheet recession happens when highly indebted companies collectively focus on reducing debt instead of growth, causing rut in the economy


BusinessToday.In
May 23, 2020
P Chidambaram questioned RBI's decision to infuse more liquidity even though economic growth in the financial year 2020-21 is headed towards negative territory


Dipak Mondal
May 22, 2020
CEA Krishnamurthy Subramanian's optimism over recovery of Indian economy in the wake of COVID-19 outbreak stems from the bounce back after Spanish Flu even though the RBI agrees to disagree


Aseem Thapliyal
May 22, 2020
The top four drags on the Nifty 50 were banks or finance companies. The nation's top mortgage lender HDFC Ltd fell 5.1% to Rs 1,515 compared to previous close of Rs 1,597.30


PTI
New Delhi, May 22, 2020
Axis Bank was the top laggard in the Sensex pack, plunging more than 5 per cent, followed by HDFC, Bajaj Finance, ICICI Bank, Tata Steel, Bajaj Auto, HDFC Bank and IndusInd Bank


Mudit Kapoor | Ashish Pandey
New Delhi, May 22, 2020
If the banks pass on the benefit and slash the marginal cost of funds based lending rates (MCLR), it may have a direct impact on the amount of equated monthly installment (EMI) customers pay for their loans


BusinessToday.In
New Delhi, May 22, 2020
In his policy briefing, Das says that on quantum of reduction, MPC voted with a 5-1 majority to reduce policy rate by 40 basis points from 4.4 per cent to 4 per cent


Anand Adhikari
May 22, 2020
Overall, interest rates have seen a gradual decline in the last six years


BusinessToday.In
New Delhi, May 22, 2020
Apex bank had earlier extended scheme providing interest subsidy for post and pre-shipment export credit by a year till March 31, 2021; RBI announced a cut in repo rate by 40 bps to 4 per cent


BusinessToday.In
New Delhi, May 22, 2020
The loan moratorium has now been extended till August 31 for 6 months


BusinessToday.In
New Delhi, May 22, 2020
RBI press conference: Governor Shaktikanta Das warned of a highly uncertain inflation outlook and said that the supply shock in April is likely to persist for the next coming months


BusinessToday.In
New Delhi, May 22, 2020
\"More space will open up to address risk to growth if the inflation trajectory remains as expected,\" RBI Governor said in the statement


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