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Associated Press
June 11, 2020
The Fed also specified that it will buy 80 billion of Treasury securities a month and 40 billion in mortgage-backed securities.


PTI
June 10, 2020
The move comes amid similar steps taken by the peers after two rate cuts by the Reserve Bank of India (RBI) in order to help the economic growth rise in the aftermath of the COVID-19 pandemic


PTI
June 10, 2020
The lockdown has been repeatedly extended, although some restrictions have been eased from May 4 in zones with fewer infections


PTI
June 10, 2020
Manoj Gaur, MD, Gaurs Group and Chairman of Credai's Affordable Housing Committee said the move will provide much needed help at this moment of crisis for industry as a whole


PTI
June 10, 2020
The scheme is applicable to all loans sanctioned under GECL facility during the period from the date of announcement of the scheme to October 31 or till an amount of Rs 3 lakh crore is sanctioned under GECL, whichever is earlier


BusinessToday.In
June 8, 2020
SBI said that it has passed on the entire 40 bps repo rate cut announced by Reserve Bank of India on May 22


BusinessToday.In
New Delhi, June 7, 2020
IOB slashed the interest rate on loans linked to MCLR by 30 basis points in overnight tenor and by 20 bps in one month to one year tenors


PTI
June 7, 2020
The July-May inflation for the current fiscal year slipped below to the State Bank's earlier projection of 11 per cent to 10.94 per cent. The number is expected to drop further in June


Naveen Kumar
June 6, 2020
While some borrowers get benefits of repo rate cuts quickly, others have to wait longer depending upon the tenure and regime of their loan


BusinessToday.In
June 3, 2020
Here's a list of banks that have cut savings account rates - State Bank of India, ICICI Bank, Axis Bank, Kotak Mahindra Bank. Check the latest saving account interest rates offered by banks.


BusinessToday.In
June 3, 2020
The biscuit maker reported a 26% rise in profit at Rs 374.7 crore during the quarter ended March 31, 2020 against Rs 297.2 crore profit recorded in a year-ago period, helped by lower tax costs


BusinessToday.In
June 3, 2020
Following the lending rate cut, stock price of ICICI Bank opened with a gain of 2.24% today and later touched an intraday high of Rs 366.05, gaining 5.04% on BSE against the closing value of Rs 348.50


BusinessToday.In
June 3, 2020
Stock Market LIVE Updates: Companies set to announce their earnings are Aurobindo Pharma, DCM Shriram, BPCL, Cholamandalam Investment, MAS Financial Services, Duncan Engineering, DISA, Shriram Asset Management among others


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


Rupa Burman Roy
June 1, 2020
Domestic equity market traded majorly bullish today after the government announced lifting of lockdown. As per technical indicators, the rise in second half of Friday signals continuation of the uptrend, as the index surpassed 9,600 levels extending its bullish momentum


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


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


Anand Adhikari
May 29, 2020
This is despite the borrowers opting for loan moratorium, which ideally increases the outstanding loan book because the deferred interest and principal get added to the loan amount


Aprajita Sharma
New Delhi, May 29, 2020
Falling interest rate amid coronavirus crisis has impacted income of many investors who depended on debt instruments; those with surplus cash can consider peer-to-peer lending, which is attracting increasing interest from people willing to lend to those in need of short-term financing -- whether individuals or small businesses


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