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BusinessToday.In
July 27, 2020
'Those searching for jobs can also register on this website, enlisting their experience, qualifications, and areas in which they are interested in finding work. There are many categories on the portal,' CM Kejriwal said


BusinessToday.In
New Delhi, July 27, 2020
The electric vehicle (EV) market is likely to be a Rs 50,000-crore opportunity in India by 2025, with two- and three-wheelers expected to drive higher electrification of the vehicles; Delhi minister Gopal Rai on Sunday said the AAP government will launch a special programme to generate more employment opportunities in the city; Softbank-backed Grofers has advanced its plan to launch an initial public offer by the end of next year after its profit zoomed during the lockdown period. Watch this and more on News Blast.Also Read: RBI Governor Shaktikanta Das highlights 5 bright spots in Indian economy


BusinessToday.In
July 27, 2020
Industry leaders INOX, PVR Pictures and Cinepolis India have assured for paperless tickets seat distancing, staggered intervals and scrupulous sanitising as part of the safety protocol


BusinessToday.In
July 27, 2020
The Centre could in future only keep two big entities - State Bank of India and India Post -- as large public banks


BusinessToday.In
July 27, 2020
The five areas, Das pointed out, where these shifts are reflecting are the farm sector, global value chains, information and communication technology (ICT), renewable energy, and infrastructure


Anand Adhikari
July 27, 2020
HDFC Chairman Deepak Parekh reasoned that there are borrowers who have the ability to pay but are taking advantage of the moratorium and deferring  payments


BusinessToday.In
New Delhi, July 27, 2020
COVID-19 impact: RBI may cut lending rates by another 25 bps in August to revive economyThe Reserve Bank is likely to go for a minimum 25 basis points cut in key lending rate in the forthcoming monetary policy review in view of the pressing need to revive the coronavirus-hit economy, feel experts. The Monetary Policy Committee (MPC), headed by RBI Governor, is scheduled to meet for three days beginning August 4 and will announce its decision on August 6.Unlock 3.0: Schools, metros to remain...


PTI
July 26, 2020
The Monetary Policy Committee (MPC), headed by RBI Governor, is scheduled to meet for three days beginning August 4 and will announce its decision on August 6


PTI
July 26, 2020
The panel will interview shortlisted candidates on August 7; the selected name from the interview will be sent to the Appointments Committee of the Cabinet headed by the Prime Minister for final approval


PTI
July 25, 2020
They need to raise and conserve capital. This is because when it is needed, capital may not be available or become highly expensive,\" Vishwanathan said while speaking at a webinar organised by Enqube Collaboration


PTI
July 25, 2020
Earlier, on July 14, Deputy High Commissioner Vinod K. Jacob had met and discussed the currency swap arrangement with the Governor of the Central Bank of Sri Lanka, Prof. W.D. Lakshman


Anand Adhikari
July 24, 2020
The credit growth of scheduled commercial banks, which had considerably weakened during the first half of 2019-20, slid down further to 5.9 per cent by March 2020 and remained muted up to early June 2020


PTI
July 24, 2020
Urjit Patel also says that the government is responsible for ensuring adequate capital for banks that are under its ambit on a durable or sustainable basis


Prasanna Mohanty
July 24, 2020
Contrary to popular belief, private sector efficiency vis-a-vis public sector is a neoliberal construct for which there is little evidence or lived experience but is pushed, nevertheless, for private gains


BusinessToday.In
July 24, 2020
'Until then, for the most part, the finance minister and I were on the same page, with frequent conversations on enhancing the landmark legislation's operational efficiency,' wrote Patel in his book


PTI
July 24, 2020
\"There's going to be enormous bankruptcies in the United States certainly and quite possibly in Europe also as we repair the economy, reallocate resources, restructure capital structures,\" he said on Thursday at the PanIIT USA virtual conference titled 'The New Global Economic Norm: Post CoVID-19'


PTI
July 23, 2020
\"The RBI has been expanding its balance sheet and it has been buying government debt. But effectively, in that process, what it is doing is borrowing from the banks at the reverse repo rate and lending on to the government,\" Rajan said


BusinessToday.In
July 23, 2020
Coronavirus impact: The economist said that even if a COVID-19 vaccine is found as early as quarter four, economic damages would still occur


Manu Kaushik
New Delhi, July 22, 2020
Business confidence bounces a bit in the first quarter as corporate leaders remain hopeful of bigger government intervention to revive the economy, finds the latest Business Today-C fore Business Confidence Survey


Anand Adhikari
New Delhi, July 21, 2020
Asset Quality Review is a detailed and thorough inspection of loan books by the regulator. Repayment capacity of borrowers is also very important. An asset quality review is  more like a stress test of the loan portfolio done by the regulator. This exercise is very common in the developed world. Five years ago, the RBI under the former governor Raghuram Rajan had initiated an asset quality review in the banking sector. That exercise resulted in NPAs increasing from Rupees 4 lakh crore to Rupees 10 lakh crore in the banking system. The Reserve Bank of India should do an Asset Quality Review of the  Non Banking Finance Companies or the NBFCs , with a lending book of Rupees 20 lakh crore plus. Anand Adhikari, Executive Editor, Business Today explains.SBI, PNB, Canara Bank among PSBs raising thousands of crores for fear of NPAs


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