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BusinessToday.In
New Delhi, December 5, 2019
Since January 2014, RBI has reduced repo rate by 2.85 per cent to 5.15 per cent in October 2019. But, banks have not transferred this rate cut in entirety to consumers which is yet to be transmitted to retail borrowers


BusinessToday.In
New Delhi, December 5, 2019
Her remarks came after an opposition leader made an interruption on the onion price issue while she was speaking about the same


PTI
December 4, 2019
In October 2018, the government seized control of the debt-trapped company and superseded its board led by Uday Kotak as the chairman


Prasanna Mohanty
New Delhi, December 4, 2019
All the key economic indicators have been on a downward swing for quite some time. If this slide is not checked India may slip into recession sooner than later. In this first part of a two-part series, the article looks at what the major economic indicators are telling about the state of Indian economy


PTI
December 3, 2019
During the two months, banks have given Rs 72,985 crore to MSME sector while loans to corporates stood at Rs 2.2 lakh crore


Nidhi Singal
December 3, 2019
After China, India is the second country to have launched Mi Credit. The service started as a pilot in the third quarter of 2019 in India, and services more than 10 states spanning across 1500 pincodes


BusinessToday.In
New Delhi, December 3, 2019
When RBI cuts repo rate, it expects banks to pass on the benefit by lowering interest rates on all types of loans, including home loans and car loans


BusinessToday.In
New Delhi, December 3, 2019
Xiaomi launches Mi Credit: The company has stated that the application process for the loans is not more than 5 minutes


BusinessToday.In
New Delhi, December 2, 2019
The report says the full-year growth would be around 5 per cent, with a marginal recovery in Q3 and Q4; adds the RBI may announce more rate cuts of up to 25 basis points in its upcoming policy meet


BusinessToday.In
New Delhi, December 1, 2019
Ujjivan SFB IPO: The Ujjivan Small Finance Bank has launched the IPO with a price band of Rs 36-37 per equity share. Each share will have a face value of Rs 10


Naveen Kumar
New Delhi, November 27, 2019
The amount of 'SMART EMI' is much lower than regular car loan EMI as the estimated resale value of the car is deducted upfront


Anand Adhikari
November 22, 2019
Shyam Srinivasan, MD & CEO of Federal Bank, talks about how long can the retail banking keep growing


BusinessToday.In
New Delhi, November 21, 2019
An amount of Rs 1.06 lakh crore was disbursed towards new term loan, while Rs 46,800 crore was given as working capital loan. The banks credited Rs 19,627 crore to the non banking financial companies


Nevin John
November 20, 2019
The bankrupt company's plant has a workforce of around 6,000 and the workers there are uncertain about what the future holds for them


Anand Adhikari
Mumbai, November 16, 2019
The banking sector, which is already under stress because of deteriorating asset quality in the last five years, will see further losses. In addition, the mutual fund industry too would get impacted


Anand Adhikari
Mumbai, November 13, 2019
A big chunk of these write-offs happened over the last two years; one of the big reasons for high level of write-offs is the Insolvency & Bankruptcy Code


Naveen Kumar
November 13, 2019
Does it make sense to opt for external benchmark-linked loans?


PTI
November 8, 2019



BusinessToday.In
November 7, 2019
HDFC Bank had reduced MCLR across all tenors in August earlier this year. MCLR is the minimum lending rate below which a bank cannot extend lend


PTI
Mumbai, November 6, 2019
The penalty was imposed for contravention of norms on 'loans and advances to directors, relatives and firms/concerns in which they are interested'


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