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PTI
March 26, 2021
Bank of India (BOI) has raised Rs 602 crore via Basel III compliant additional tier 1 (AT-1) bonds on March 26, 2021, on a private placement basis, it said in a release


India Today Tech
New Delhi, March 26, 2021
When the regulation was implemented earlier this month, it caused inconvenience to the general public as there was a mass failure in generating SMSes and OTPs.


BusinessToday.In
March 26, 2021
The bank issued 335.16 crore shares to the government at an issue price of Rs 16.41 per equity share, aggregating to Rs 5,500 crore.


Avneet Kaur
March 26, 2021
Home loan lenders usually extend such lucrative offers to loan applicants during the fourth quarter to book higher volume of home loans. But now, experts do not expect further rate cuts


BusinessToday.In
March 26, 2021
As per the FIR (first information report), she amassed disproportionate assets to the tune of Rs 3.63 crore when she held senior positions in many public sector banks


BusinessToday.In
March 25, 2021
CBI said that various incriminating documents and other material and digital evidences were recovered during the searches


BusinessToday.In
March 25, 2021
Das says growth momentum is going as per RBI's estimate and revival of economic activity should continue unabated; he adds there could be no downward revision in RBI's 10.5% growth estimate for FY22


Anand Adhikari
New Delhi, March 24, 2021
Amitabh Chaudhry, CEO, Axis Bank shares how DFI bill is an exciting concept and can help Indian economy in the future. Chaudhry said that DFI is an important requirement for the economy at the moment. He shared his views on PSB consolidation and privatisation of banks, adding that Indian financial services industry was an enticing prospect for various large players across the globe. Watch as he explains to Business Today's Anand Adhikari how these developments can benefit the end consumers and economy going forward.Also Read: Don't see rating downgrade for India: FM Nirmala Sitharaman


BusinessToday.In
March 24, 2021
March 2021 bank holidays: Banks will remain closed for three days straight between March 27 and March 29


BusinessToday.In
March 24, 2021
Stock Market News Update Today: The BSE Sensex witnessed broader-based selling with 28 out of 30 BSE index heavyweights ending in red amid fear that second and third wave infections in India are bound to hamper economic recovery


BusinessToday.In
March 23, 2021
The scheme carries an additional interest of 80 basis points (bps) for term deposits (TD) with 5-10 years tenor.


Avneet Kaur
New Delhi, March 23, 2021
Where can the investors find value when the equity market is hovering around its all time high. Prashant Jain, Executive Director & CIO of HDFC Asset Management Company discusses sectors to keep an eye on and the sectors to avoid in the current markets. He also shares his outlook for the equity market in the coming financial year. \"Markets should probably remain confined in  a narrow range. For markets to move on from here in a meaningful way, we will need to see some strong performance from the economy and the corporate profits in next year,\" says Prashant Jain.Also Read: 19 equity mutual funds gave 100% returns in 1 year; should you invest?


Rashi Bisaria
New Delhi, March 23, 2021
Increase gap between 2 doses of Covishield to up to 8 weeks: Centre tells states The government has asked state and union territory governments to increase the gap between two doses of Serum Institute's vaccine Covishield to 6-8 weeks, instead of the practiced interval of 4-6 weeks. The Centre said that immunity is enhanced if the second dose is administered after a gap of 6-8 weeks instead of the current gap of 28 days. The decision was taken on the basis of recommendations by two expert p...


Anand Adhikari
March 19, 2021
The 10-year government securities paper, which is a benchmark, has shot up from a low of 5.94 per cent to 6.21 per cent in the last two months. The cost of borrowing for state governments is also rising


BusinessToday.In
March 19, 2021
Adani Wilmar IPO: The FMCG firm has hired legal advisers, and investment banks JP Morgan and Kotak Mahindra Capital to manage the listing


BusinessToday.In
March 19, 2021
Stock Market News Update Today: NTPC was top gainers in BSE Sensex pack, followed by HUL, Power Grid Corporation of India, ITC, Reliance, Nestle India, among others


PTI
March 18, 2021
The Reserve Bank of India's Financial Stability Report, released in January this year, showed that gross non-performing assets (NPAs) of banks may rise to 13.5 per cent by September 2021, under the baseline stress scenario


Rashi Bisaria
New Delhi, March 17, 2021
Delhi reports first case of South African variant of COVID-19; 33-year-old man tests positive A 33-year-old man, admitted at the LNJP hospital, became the first confirmed case of South African COVID-19 variant in Delhi. He was admitted to the hospital about a week ago and has been kept in isolation at a separate unit. The Centre said India had reported four cases of the South African variant of SARS-CoV-2 and one case of the Brazil variant a month ago. Banking services hit across country ...


BusinessToday.In
March 16, 2021
On the first day of the strike, about 85 lakh cheques and other bank instruments were not cleared by bank branches in Mumbai alone.


PTI
March 16, 2021
In order to ensure timely response with regard to IPO (Initial Public Offer) process, SCSBs would identify the nodal officer for IPO applications processed through UPI as a payment mechanism and submit the details to Sebi within seven working days


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