Moody’s said that the high take-up rate by large corporates is surprising because companies typically have access to resources to weather near-term stress. The widespread take-up of the loan moratorium could come to weigh on banks’ asset quality and, in turn, could be credit-negative for them, rating agency Moody’s said […]
Banking & Business
Punjab National Bank (PNB) has announced that it has raised funds worth Rs 994 crore through the issue of Basel III compliant bonds on a private placement basis. The bank issued “non-convertible, redeemable Basel III compliant tier II bonds” with Rs 10 lakh each having a coupon rate of 7.25% […]
Hindi News Business Consider Each Part Of Reliance Industries Limited (RIL) Financial Results For The June Quarter मुंबई4 घंटे पहले कॉपी लिंक कंपनी ने ब्रोकरेज हाउसों के सभी अनुमानों को झूठा साबित कर दिया अनुमान यह था कि आरआईएल इस तिमाही में घाटा पेश कर सकती है देश की सबसे […]
NEW DELHI: Prime Minister Narendra Modi on Thursday held a brainstorming session with financial sector regulators and discussed various measures to revive the economy hit hard by Covid-19 crisis. According to sources, the meeting discussed various steps that regulators, especially the Reserve Bank of India, can take to push economic […]
The National Company Law Appellate Tribunal (NCLAT), New Delhi, has set aside an order allowing Ebix to withdraw its takeover bid for Educomp Solutions Ltd. which was approved by the committee of lenders. The National Company Law Tribunal, Principal Bench, New Delhi had allowed Ebix to withdraw its takeover bid, […]
मुंबई। देश की सबसे बड़ी हाउसिंग फाइनेंस कंपनी, एचडीएफसी लिमिटेड को वित्त वर्ष 2020-21 की पहली तिमाही (अप्रैल-जून) का एकीकृत शुद्ध लाभ 15 प्रतिशत बढ़कर 4059 करोड़ रुपये रहा। गुरुवार को शेयर बाजारों को एचडीएफसी हाउसिंग द्वारा भेजी गई सूचना के मुताबिक वित्त वर्ष की पहली तिमाही के दौरान उसकी […]
Reliance Industries Limited announced its quarterly results on July 30, 2020. Consolidated net revenue in Q1FY21 stood at Rs91,238cr, which declined by 43.8% yoy from Rs1,62,353cr in Q1FY20. EBITDA stood at Rs16,875cr in Q1FY21 that decreased by 21.93% yoy. For Q1FY20, it had posted EBITDA of Rs21,615cr. EBITDA margin as […]
Reserve Bank of India, in the public interest, had issued directions to Vasantdada Nagari Sahakari Bank Ltd, Osmanabad, Maharashtra in exercise of powers vested in it under sub-section (1) of Section 35A of the Banking Regulation Act, 1949 (AACS) from the close of business on November 13, 2017. Reserve Bank […]
As of July 16, 2020, AIIB has approved up to USD 19.6 billion for 87 projects in 24 economies. As part of its effort to improve connectivity, Beijing-based multilateral funding agency AIIB is looking to provide loans worth USD 3 billion for various large infrastructure projects, including Delhi and Meerut […]
The Nifty Bank Index has fallen 32% since January, and continues to lag behind the broader market. For nearly a decade, banks were the perfect stocks for investors and fund managers to pick to beat benchmark indices and generate alpha returns in their portfolios. The COVID-19 pandemic has ended the […]