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BusinessToday.In
April 3, 2020
Savings bank account interest is calculated on a daily basis on the daily closing balance in the account, at the rate specified by the bank in accordance with Reserve Bank of India directives.


Anand Adhikari
April 1, 2020
Last week when the RBI permitted banks to allow a moratorium of three months on payment of instalments on all term loans, PSBs started announcing an automatic deferral of instalment for all


BusinessToday.In
New Delhi, April 1, 2020
Central bank has decided to extend realisation period of export proceeds, limits of way and means advances of states/UTs and mechanism for counter-cyclical capital buffer


Nirbhay Kumar
New Delhi, April 1, 2020
A large number of MSMEs expect to resize operations in the coming months


Tripti Kedia
New Delhi, April 1, 2020
Diversify and park money in select large caps available at throwaway prices


Dipak Mondal
New Delhi, April 1, 2020
what the centres package to combat corona crisis will do to indias already struggling economy


Anand Adhikari
New Delhi, April 1, 2020
Banks are passing on repo cut benefit to borrowers and tying up working capital limits to kickstart businesses


Chitranjan Kumar
New Delhi, March 31, 2020
SBI has initiated process to defer EMIs and interest on term loan falling due between March 1 to May 31 and extend repayment period by three months


Anand Adhikari
New Delhi, March 31, 2020
Coronavirus update: The central bank has announced releasing up to Rs 1,00,000 crore through long term repo auction. There is already a scramble for pouncing on the cheap money instead of chasing deposits


Manoj Sharma
New Delhi, March 31, 2020
Coronavirus Outbreak in India: The service sector will be most impacted due to lockdown as consumption of non-essentials takes a hit but lockdown's initial impact on manufacturing activity is expected to be somewhat lower


BusinessToday.In
March 30, 2020
Sensex, Nifty Live News Today: BSE 30-share barometer Sensex ended 1,375 points lower at 28,440 and NSE 50-share index Nifty fell 379 points to close at 8,281.


BusinessToday.In
March 29, 2020
Stocks to watch today on March 30: SBI, Maruti Suzuki, NTPC, TVS Motors, Bank of India, Motherson Sumi, SpiceJet among others are the top stocks to watch out for in Monday's trading session


BusinessToday.In
March 29, 2020
Bank of India has also cut benchmark marginal cost of funds based lending rate (MCLR) by 25 bps across tenors from one year to one month, and by 15 bps for overnight tenor. The one-year MCLR is now 7.95 per cent per annum


PTI
March 29, 2020
Union Bank CEO Rajkiran Rai G said harmonisation of human resources has been completed and the board has approved all the products, processes and policies for the amalgamated entity


BusinessToday.In
New Delhi, March 27, 2020
Catch top stories from the world of business and economy with BusinessToday.In's Biz EOD report


BusinessToday.In
March 27, 2020
Coffee Day Enterprises said that it has repaid around Rs 4,000 crore to the lenders since the beginning of this financial year


PTI
March 27, 2020
Chidambaram said RBI's direction on deferment of EMI payments is ambiguous and half-hearted


BusinessToday.In
New Delhi, March 27, 2020
Following a 75 basis points reduction in interest rate, SBI's external benchmark linked lending rate (EBR) will come down to 7.05 per cent per annum from 7.80 per cent earlier


Niti Kiran
March 27, 2020
A CRR reduction or revision was never coupled with repo or reverse repo rate revision since the central bank was nationalised in 1949


Aprajita Sharma
March 27, 2020
The EMI holiday will not only give a big relief to salaried employees of struggling companies, fearing a delay in the salary, pay cuts and even job loss but also self-employed individuals staring at income loss


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