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BusinessToday.In
December 11, 2019
Share Market Today: Sensex ended 172 points higher at 40,412 and Nifty rose 53 points to 11,910.


BusinessToday.In
New Delhi, December 11, 2019
While Sharma in his resignation letter cited \"other preoccupations\" as reasons for his inability to continue with the role, reports say it has been done to comply with the RBI norms


BusinessToday.In
December 10, 2019
Catch top stories from the world of business and economy with BusinessToday.In's end of day report


BusinessToday.In
New Delhi, December 10, 2019
Due to divergence in reporting of bad loans, SBI has to make additional provisioning of Rs 12,036 crore in the balance sheet. As a result, the adjusted net loss of the bank would be at Rs 6,968 crore instead of its reported profit of Rs 862 crore for FY19


BusinessToday.In
New Delhi, December 10, 2019
SBI has said that it will not charge any fee from its customers for upgrading their debit cards before December 31


PTI
New Delhi, December 9, 2019
PSBs had posted huge losses in 2017-18 and 2018-19 financial years due to heavy provisioning for non-performing assets and other contingencies, said Minister of State for Finance Anurag Singh Thakur in Parliament


BusinessToday.In
December 9, 2019
A division bench of justices Ranjit More and SP Tavade directed the Reserve Bank of India to submit its reply by December 16. The bench will hear the matter next on December 18


Mudit Kapoor
December 9, 2019
The current slowdown is the third slowdown since 1996 and will be the longest in the past 23 years if the next quarter's GDP is worse than 4.5%


BusinessToday.In
December 9, 2019
Ujjivan Small Finance Bank IPO which opened on December 2 was subscribed 166 times on the final day of bidding. Against the issue size of 12.39 crore shares, the IPO received bids for 2,053.5 crore share.


BusinessToday.In
New Delhi, December 9, 2019
SBI MCLR cut: The bank has stated that it is the cheapest loan provider in the country


PTI
December 8, 2019
In the ECB category, the major borrowers tapping the automatic route included Muthoot Finance, HPCL-Mittal Energy, Wardha Solar (Maharashtra), L&T, Deccan Fine Chemicals and Aditya Birla Finance


BusinessToday.In
New Delhi, December 8, 2019
India's GDP growth rate slowed down to 4.5 per cent in the July-September quarter of this fiscal; matters have worsened since the June quarter when GDP growth slowed to 5 per cent, lowest in six years and a quarter


PTI
New Delhi, December 8, 2019
Penning down his recommendations to help the ailing Indian economy out of the ongoing slowdown in the India Today magazine, he called for reforms to liberalise capital, land and labour markets, and spur investment as well as growth


BusinessToday.In
New Delhi, December 7, 2019
RBI has asked banks to ensure availability of all necessary infrastructural requirements at their end for providing seamless NEFT 24x7 facility to customers


Dipak Mondal
December 6, 2019
Rajeev Singhal, MD, Tata Steel BSL, says that the results of financial year 2018-19 are a testimony to the overall improvement the company has been able to achieve in a short period of time


BusinessToday.In
New Delhi, December 6, 2019
The slowdown in manufacturing activity was reflected in the decline in capacity utilisation to 68.9 per cent in Q2FY20 from 73.6 per cent in Q1, says RBI in its fifth bi-monthly monetary policy statement


Anand Adhikari
New Delhi, December 6, 2019
Payments Banks are mandated to invest a minimum of 75 per cent of their deposits in government securities where returns are abysmally low


BusinessToday.In
New Delhi, December 6, 2019
Saudi Aramco raises $25.6 billion in largest-ever IPOSaudi Arabia's state oil company Aramco raised $25.6 billion in its initial stock offering on Thursday. The amount raised has broken the record of Chinese online giant Alibaba's $25 billion-debut on the Wall Street in 2014. The market launch has spiked Saudi Aramco's value at $1.7 trillion. It is now way ahead of the other contenders in the trillion-dollar club.'I condemn this approach': FM Sitharaman says her onions remark take...


PTI
December 6, 2019
Traders said positive opening in domestic equities, easing crude oil prices and fresh foreign fund inflows supported the domestic currency


BusinessToday.In
New Delhi, December 6, 2019
RBI Deputy Governor MK Jain said that they are still identifying the reasons and will look into what they can give as directions to the banks


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