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Chitranjan Kumar
New Delhi, June 2, 2020
A downgrade of India's sovereign rating to Ba1 caused downgrade of TCS and Infosys' rating to Baa1 negative from A3 negative


Chitranjan Kumar
New Delhi, June 2, 2020
Moody's has downgraded the long-term local and foreign currency deposit ratings of State Bank of India and HDFC Bank to Baa3 from Baa2, and the long-term issuer rating of EXIM India to Baa3 from Baa2


Anand Adhikari
New Delhi, June 2, 2020
The University of Cambridge, which is legally called the Chancellor, Masters and Scholars of the Cambridge, has invested in Kotak's equity offering for generating longer term returns


Aprajita Sharma
June 2, 2020
Coronavirus crisis: As many as 90 per cent respondents are concerned about their savings and financial future, and nearly 72 per cent said they would opt for a personal loan in the immediate future to meet high-priority expenses


Nirbhay Kumar
New Delhi, June 2, 2020
SBI's SME Business Unit to local head offices comes as a reassurance for struggling firms which fear banks could take a long time in processing their applications


Aprajita Sharma
New Delhi, June 2, 2020
Moody's has downgraded the country's credit rating to Baa3 from Baa, just above the junk grade, with a negative outlook. With this, its rating is now consistent with other ratings agencies such as Fitch and Standard and Poor's


BusinessToday.In
June 2, 2020
The survey added that the government's stimulus package doesn't apply to start-ups that account for around 11 per cent of the MSME sector in India


Nirbhay Kumar
June 2, 2020
Some experts expressed apprehensions that including more firms in the MSME category could crowd out the real small-scale manufacturers and dim their chances of availing various benefits


BusinessToday.In
New Delhi, June 1, 2020
Catch top stories from the world of business and economy with BusinessToday.In's Biz EOD report


Chitranjan Kumar
New Delhi, June 1, 2020
Among services, there has been an increase in credit to transport operators by Rs 4,300 crore, and retail traders Rs 6,900 crore in April


BusinessToday.In
New Delhi, June 1, 2020
The government also gave a nod to Rs 20,000 crore subordinate debt for stressed MSMEs, benefiting two lakh stressed small businesses


Prasanna Mohanty
June 1, 2020
RBI data shows excess liquidity is lying idle, parked in its own reverse repo account, and burdening it with higher interest payouts. This could be tapped and channelised for additional fiscal spending to stimulate growth through government bonds


BusinessToday.In
New Delhi, June 1, 2020
The one-year MCLR, to which a majority of loans such as residential mortgages and auto loans are tied now stands at 7.70 per cent


BusinessToday.In
June 1, 2020
SBI share price rose up to 6.83% or 11 points to Rs 171.25 compared to the previous close of Rs 160.30 on BSE


BusinessToday.In
June 1, 2020
Flipkart Flipstart Days Sale: From Asus to Apple MacBook, Flipkart is offering heavy discounts on laptops in its Flipstart Days. Asus, HP, and other high brand laptops will be available at Rs 19,990 onwards during the sale period


Anand Adhikari
June 1, 2020
The six-month moratorium on loans where the 25-30 per cent of the loan book is locked, has created new cash flow challenges


BusinessToday.In
May 31, 2020
BBB members interfaced with 20 contenders from several nationalised banks on May 30 for the said positions, according to an official statement


BusinessToday.In
New Delhi, May 31, 2020
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


BusinessToday.In
May 30, 2020
One year of Modi 2.0 government: Here's a look at some of the key decisions by Modi government


BusinessToday.In
New Delhi, May 30, 2020
Catch top stories from the world of business and economy with BusinessToday.In's Biz EOD report


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