The non-banking finance company with market capitalisation of Rs 2.84 lakh crore has raised the substantial sum in March alone amid the second Covid wave

Maharashtra lockdown: The 'lockdown-like' restrictions, which exclude essential services, will come into effect from 8 pm on April 14 and remain in force till 7 am on May 1

As part of the deal, RSHPL will acquire a 60 per cent stake in Magma Fincorp, while the non-banking financial company's promoters Chamria and Poddar will acquire a 4.68 per cent shareholding

A technical upgrade of RTGS, targeted to enhance the resilience and to further improve the Disaster Recovery Time of the RTGS system, is scheduled after the close of business of April 17, 2021.

Today's market crash has triggered worries of a scenario like last year's when nationwide lockdown had left the stock market bleeding with benchmark indices plummeting around 40 per cent in a span of two weeks

The study highlighted that the imposition of service charges resulted in undue collections to the tune of over Rs 300 crore from among nearly 12 crore Basic Savings Bank Deposit Account (BSBDA) holders of SBI during the period 2015-20

Stocks to watch out for on April 9: JK Tyre, Muthoot Finance, Vodafone Idea, M&M Financial, Srei Equipment Finance and more

While the volume gains in January-March are attributable to low base of March 2020, there has also been a sequential recovery in demand across sectors.

Sensex closed 84.45 points higher at 49,661 and Nifty gained 54 points to 14,873

The insurer acquired 12 lakh shares, representing 0.097 per cent stake, of Mahindra Finance through open market transactions.

Sensex closed 460 points higher at 49,661 and Nifty gained 135 points to 14,819

Of this, 4.20 crore PMMY loans were sanctioned in 2020-21 alone, under which Rs 2.66 lakh crore were disbursed in the fiscal year (As on 19.03.2021)

Industrial workers travelling by private buses and vehicles can travel at all times using valid ID card, while students can also travel to give exams with valid hall tickets.

The RBI today announced that it is proposing to enable non-bank payment systems like PPIs, card networks, wide-level ATM operators, among others to take direct membership in the Centralised Payment Systems

The RBI had said two months ago that urban demand and demand for contact-intensive services are expected to strengthen with the substantial fall in COVID-19 cases but things have changed since then. Here's what the central bank will have to factor in while announcing GDP and inflation projections

The 30-share BSE benchmark index plummeted 1,449.03 points to 48,580.80 in morning trade

Sensex  lost 1,391  points to 48,638 and Nifty slipped 388 points to 14,479 in early trade

The night curfew in Maharashtra will be in effect from 8 PM to 7 AM, whereas the weekend lockdown will be in force from 8 pm on Friday to 7 am on Monday

Particularly within SBI Card, now, more than 53 per cent of the spends actually come from online payments which used to be around 44 per cent earlier,\" said SBI Card MD and CEO Rama Mohan Rao Amara

RBI should take cognisance of the situation and work together with sector representatives and government to eliminate the flaws and make the microfinance industry more vibrant