BBB members interfaced with 20 contenders from several nationalised banks on May 30 for the said positions, according to an official statement

Madhu Kapur holds 14 crore or 1.12 per cent shares while another investor Mags Finvest holds 3.72 crore or 0.3 per cent shares in Yes Bank; the announcement by Madhu Kapur group ends years-long controversial battle for greater control over the bank

Lockdown 5.0 guidelines: Even after reopening, social distancing norms will have to be followed at these places; Home Ministry will issue SOPs for them after consulting concerned central ministries, departments and stakeholders

The NDB, under his leadership, disbursed $1 billion Emergency Assistance Program Loan to India which aimed at supporting the government of India in its efforts to contain the spread of COVID-19

Economic activity has been on a standstill since March 25 after PM Modi announced nationwide lockdown to contain the rising number of coronavirus cases

A US investment bank report says India's detection rates have also climbed lately and doubling rate has plateaued at ~13-day level; medical infra is now getting stretched in certain cities, with hospitals at 100 per cent plus capacity utilisation in Mumbai, says report

Lockdown that began in last seven days of March is expected to have taken a toll on economic growth; economy is likely to have entered a recessionary phase with some agencies even estimating a contraction of over 5 per cent in FY21

Stock Market LIVE Updates: Axis Bank, followed by IndusInd Bank, Bajaj Finance, Tata Steel, Infosys, HDFC twins and ICICI Bank were among the top losers. On the contrary, Bajaj Auto, ITC, Sun Pharma, Asian Paints and L&T were among the top gainers on Sensex pack.

\"Everybody is conserving cash at present and postponed the discretionary purchases. Post monsoon, the farmer community will start earning and the demand will pick up by the festival season,\" said Ramesh Iyer of Mahindra Finance

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

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?

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 ...

The savings bonds will no longer be sold from the close of banking business on Thursday

Share price of  Axis Bank which stood at Rs 336.95 on May 22 hit an intra day high of Rs 407.25 today, amounting to return of 20.86% in three consecutive sessions

Stock Market LIVE Updates: Ceat, Agro Tech Foods, Daawat, Federal Bank, Lupin, Muthoot Finance, Radico, TVS Motors, Wendt among others will announce will be reporting their quarterly results today.

In the 4,657 firms in NIFTY 500, 13 companies do not have any women directors. Of those, 12 are PSUs

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Since gold price has increased by nearly 50 per cent in the last one year, gold loan companies are at an advantage as 'loan to value' - the ratio of money lent against the value of gold - has been reduced substantially

The extension of moratorium and deferment of EMIs would give some respite to the borrowers amid coronavirus outbreak, says SBI

Short covering by institutional investors, mostly in banking stocks helped Sensex (363 points) and Nifty (77 points) cover losses of last two sessions