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BusinessToday.In
New Delhi, June 9, 2019
Central Bank will raise fund via follow-on public offer (FPO), rights issue or private placement including qualified institutions placements (QIP), subjected to shareholders approval in the ensuing annual general meeting to be held on June 28


Reuters
New Delhi, June 8, 2019
In Friday's circular, the RBI says lenders should work on a resolution plan based on the financial health of borrowers even before a default


BusinessToday.In
June 7, 2019
The deal will be completed in three transactions with the Blackstone-Embassy combine taking a 15% stake this week, followed by the purchase of the residual stake over the next 6-8 weeks. This will be followed by an open offer to the existing shareholders of IBREL.


BusinessToday.In
June 6, 2019
Indian crypto-enthusiasts are hoping that the entry of a large player like Facebook will lend legitimacy to the technology and in turn be able to convince central bank to extend banking services to crypto start-ups


PTI
June 6, 2019



BusinessToday.In
June 6, 2019
The G20 surveillance note released by the International Monetary Fund (IMF) staff said that the \"recent manufacturing indicators point to a tentative rebound in the emerging Asian and Latin American nations except India.\"


BusinessToday.In
June 6, 2019
The second bi-monthly Monetary Policy Statement of the current fiscal projects the GDP growth rate at 6.4-6.7 per cent till September but expects it to pick up pace to as much as 7.5 per cent in the second half of the fiscal


BusinessToday.In
June 6, 2019
The Resere Bank of India (RBI) took the decision to set up the committee in view of persistent demands to change the ATM charges and fees.


PTI
June 6, 2019



PTI
June 6, 2019



BusinessToday.In
June 6, 2019
GAIL share price fell 10% to 322.85 level on BSE. GAIL share price opened at a loss of 5.45% to 338.95 level in trade today.


BusinessToday.In
June 6, 2019
This will be the first monetary policy after the Narendra Modi government started its second term last week. The central bank had cut the short-term lending rate (repo rate) by 25 basis points each in its last two policy reviews.


BusinessToday.In
New Delhi, June 6, 2019
The buzz is that the repo rate will be slashed for the third time in a row and a change in policy stance may also be on the cards


Reuters
New Delhi, June 6, 2019
If that happens, it will be the third time the RBI has cut interest rates; the last time it moved this quickly to lower rates was in 2013 to revive the moribund economy from growth rates that had slipped to a decade low


BusinessToday.In
New Delhi, June 5, 2019
The cabinet committee on investments will be chaired by PM Modi and will have Home Minister Amit Shah, Finance Minister Nirmala Sitharaman, Railway Minister Piyush Goyal and Transport Minister Nitin Gadkari as its members


Nevin John
New Delhi, June 5, 2019
Page Industries' profit declined 20.4 per cent to Rs 74.98 crore in Q4FY19, when the revenue slipped to Rs 607.86 crore


PTI
New Delhi, June 5, 2019
Allahabad Bank had posted a loss of Rs 8,334 crore in FY19 and a loss of Rs 4,674 crore in 2017-18; on asset front, the bank's gross NPA ratio stood at 17.55 per cent at the end of March 2019, while net NPA was at 5.22 per cent. In 2017-18


PTI
June 5, 2019



BusinessToday.In
New Delhi, June 5, 2019
\"The seasonally adjusted Nikkei India services business activity index fell to 50.2 in May, from 51.0 in April, indicating the slowest growth rate in the current 12-month stretch of expansion,\" IHS Markit said in its report


PTI
June 5, 2019
Housing demand stood at over 29,000 units in the year-ago period in seven cities namely, Delhi-NCR, Mumbai, Chennai, Kolkata, Bengaluru, Hyderabad and Pune.


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