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BusinessToday.In
March 30, 2020
Prime Minister Narendra Modi has announced the creation of the emergency relief fund where people can contribute and help in the government's fight against coronavirus


BusinessToday.In
March 29, 2020
Bank of India has also cut benchmark marginal cost of funds based lending rate (MCLR) by 25 bps across tenors from one year to one month, and by 15 bps for overnight tenor. The one-year MCLR is now 7.95 per cent per annum


PTI
March 28, 2020
The officials said though the branches are not operating at full strength due to the lockdown, all internal guidelines have been dissemeinated to the staff regarding standardisation of products, process and procedures


BusinessToday.In
New Delhi, March 27, 2020
Following a 75 basis points reduction in interest rate, SBI's external benchmark linked lending rate (EBR) will come down to 7.05 per cent per annum from 7.80 per cent earlier


Aprajita Sharma
March 27, 2020
The EMI holiday will not only give a big relief to salaried employees of struggling companies, fearing a delay in the salary, pay cuts and even job loss but also self-employed individuals staring at income loss


Anand Adhikari
March 27, 2020
RBI's list of announcements included a repo rate cut of 75 basis points, Rs 3.74 lakh crore liquidity boost, and deferment of loan instalments for 3 months, among other things


Aseem Thapliyal
March 27, 2020
Share price of YES Bank rose up to 20% to Rs 31.95 compared to the previous close of Rs 26.55 today


Chitranjan Kumar
New Delhi, March 25, 2020
ICRA said that it it may revise YES Bank's outlook to positive or upgrade the ratings if the bank raise sufficient capital on a sustained basis


Mansi Jaswal
March 25, 2020
Coronavirus lockdown: The country's largest lender State Bank of India (SBI) stated that its branches will be opened for only 3 to 4 hours during the lockdown


BusinessToday.In
March 25, 2020
The share price of the lender has fallen 51% in one week, 15% in one month and 36% since the beginning of the year. The stock has been highly volatile today with an intraday volatility of 15.24%.


BusinessToday.In
March 25, 2020
Sensex, Nifty Live News Today: Indian indices were the top laggards amongst the key global indices, since the average peak achieved in February 2020. Since then, Brazil index has fallen 40%, followed by India, where the decline stands at 36%. Compared to this, other key indices average decline stands around 31-28% from peak.


Reuters
March 24, 2020
India's largest lender, State Bank of India (SBI), has already rolled out this emergency credit line and the other state-owned lenders are also expected to follow suit shortly


BusinessToday.In
March 23, 2020
Stocks to watch today on March 24: YES Bank, Axis Bank, Federal Bank, RIL among others are the top stocks to watch out for in Tuesday's trading session


Hari Hara Mishra
March 22, 2020
For the persons below poverty line (BPL), the government for the next six months should facilitate a cash transfer of Rs 5,000 per account on a monthly basis into their Aadhar linked bank accounts


PTI
March 22, 2020
CII has written to Prime Minister Narendra Modi seeking a fiscal stimulus of 1 per cent of the GDP amounting to Rs 2 lakh crore to needy citizens through Aadhaar-based direct benefit transfer


BusinessToday.In
New Delhi, March 20, 2020
Under Yes Bank's reconstruction scheme, the RBI can appoint one or more persons as additional directors on the bank's board


Chitranjan Kumar
New Delhi, March 20, 2020
CRISIL has assigned its 'CRISIL A2' rating to the Rs 20,000 crore certificate of deposit programme of Yes Bank on expectation of continued extraordinary systemic support from key stakeholders, including SBI


BusinessToday.In
New Delhi, March 20, 2020
Rana Kapoor, former managing director and CEO of Yes Bank, was under the Enforcement Directorate (ED) custody till March 20


BusinessToday.In
March 20, 2020
Amid market volatility, YES Bank stock traded in a range of Rs 12.95 and fell to the day's low at Rs 49, declining 9.09% against the previous close of Rs 53.90.


Divyesh Singh
New Delhi, March 20, 2020
Yes Bank case: Anil Ambani's Reliance Group stated in a statement that the company's entire exposure to the troubled bank is fully secured and are in accordance with the law


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