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BusinessToday.In
New Delhi, June 4, 2020
RBI survey predicted that gross domestic product (GDP) during the current financial year is likely to contract by 1.5 per cent, but is expected to grow by 7.2 per cent in FY22


BusinessToday.In
New Delhi, June 4, 2020
India's biggest lender said it will raise the funds in FY21 through a public offer, a private placement of senior secured notes in the US dollar or any other convertible currency


Anand Adhikari
June 4, 2020
Small finance banks and those dealing with micro lending like Bandhan Bank have seen more than 90 per cent of their micro loan book come under moratorium


Aprajita Sharma
New Delhi, June 4, 2020
PM Vaya Vandana Yojana pension scheme is offered by Life Insurance Corporation and comes with a lock-in period of 10 years. It gives you an assured annual return of 7.66 per cent per annum


Rajeev Dubey
New Delhi, June 4, 2020
The reason India finds itself in the comity of nations that can't afford a big stimulus to stoke economic growth is the 8 quarters of wait-and-watch game played until coronavirus hit us


Reuters
June 4, 2020
A debt relief initiative offered by the Group of 20 major economies, which includes China, and the Paris Club of official creditors could provide about $12 billion in extra liquidity through the end of the year


BusinessToday.In
New Delhi, June 4, 2020
Coronavirus impact: Moody's said that the risks to the financial system are rising. It pointed out that some sectors were under strain even before the coronavirus pandemic began


PTI
New Delhi, June 4, 2020
MIAL had scheduled a total of 19 flights for Wednesday, which include 11 departures and eight arrivals to be operated by five airlines -- Air India, IndiGo, SpiceJet, GoAir and AirAsia India


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
Earlier the stock price of Indusind Bank opened with a gain of 3.46% and later touched an intraday high of Rs 452, rising 3.94% on BSE, on back of rally in banking indices


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


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


BusinessToday.In
June 2, 2020
The price band for Kotak Mahindra Bank's share sale has been fixed at Rs 1,215 to Rs 1,240 a piece. The sale would fetch Rs 6,804 crore at the lower end of the price band and Rs 6,944 crore at the upper-end


BusinessToday.In
June 2, 2020
Following the announcement, Kotak Bank stock price opened with a gain of 5.66% today and later touched an intraday high of Rs 1347.75, rising 7.88% on BSE. Kotak Bank share had closed at Rs 1,249.25 on BSE yesterday


Reuters
New Delhi, June 1, 2020
Lockdowns imposed by wealthy nations to slow the spread of the novel coronavirus, and the jolt those restrictions have delivered to their economies, are severing a vital lifeline for many often vulnerable people around the world


BusinessToday.In
New Delhi, June 1, 2020
As on the date of the communication, the company was not in default of any payment obligations to YES Bank under the financing facility availed from the lender, says Dish TV


BusinessToday.In
June 1, 2020
Following the announcement, Kotak Mahindra Bank share price opened with a gain of 3.78% today and later touched an intraday high of Rs 1279.2, rising 4.54% on BSE


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