(Amount in ₹ crore, Rate in Per cent) Volume(One Leg) WeightedAverage Rate Range A. Overnight Segment (I+II+III+IV) 281,720.24 3.14 1.00-4.10 I. Call Money 13,351.06 3.51 1.80-4.10 II. Triparty Repo 186,022.85 3.13 3.08-3.20 III. Market Repo 82,346.33 3.10 1.00-3.25 IV. Repo in Corporate Bond 0.00 – B. Term Segment […]
Banking & Business
Bandhan Bank CEO Chandra Shekhar Ghosh Bandhan Bank expects collection efficiency in both microfinance and non-microfinance segments to become almost normal by second quarter this fiscal year, says its managing director and CEO Chandra Shekhar Ghosh. In an interview with Mithun Dasgupta, Ghosh says the bank expects around 15-20% year-on-year […]
New York, July 14, 2020 – Three major US banks have set aside an additional $23 billion as a backstop against bad loans, highlighting the brittle state of the US economy due to the coronavirus pandemic, the companies said Tuesday. Even amid gradual signs of a rebound as businesses reopen, […]
(Representative image) NEW DELHI: The Directorate General of Civil Aviation (DGCA) has warned airlines against operating unauthorised charter flights from UAE to India and said that such flights will not be allowed to land here. The move comes two days after repatriation flights operated by a UAE budget carrier landed […]
Air India (AI) has begun the process of pruning the size of its workforce in preparation for the state-owned airline’s planned privatisation and approved a leave-without-pay scheme for select staff for six months to two years, extendable up to five years. In an order dated July 14, AI’s CMD has […]
Google has agreed to buy a $4.5 billion stake in Jio Platforms Ltd., the digital arm of Reliance Industries Ltd., adding to a series of large U.S. investments into an online venture that has nearly 400 million users in India. The global search leader is acquiring 7.7% of the fast-growing […]
नई दिल्ली। कोरोना काल के बीच आज रिलायंस इंडस्ट्रीज की एनुअल जनरल मीटिंग हुई है, ये कंपनी की 43वीं एजीएम थी। इस मीटिंग में अलग-अलग वर्चुअल प्लेटफॉर्म के जरिए रिलायंस के एक लाख से अधिक शेयर होल्डर इस बैठक में सम्मिलित हुए है। मीटिंग के दौरान सीईओ मुकेश अंबानी ने कई […]
On year-on-year (yoy) basis, the IT-giant Infosys has continued to record healthy growth in both bottom-line and top-line base during June 2020 (Q1FY21) quarter. Infosys has posted its Q1FY21 result on Wednesday, where it reported a consolidated net profit of Rs4,272cr increasing by 12.4% from Rs3,802cr in the corresponding period […]
The Reserve Bank of India releases monthly data on India’s international trade in services with a lag of around 45 days. The value of exports and imports of services during the month of May 2020 are given in the following Table: Table: International Trade in Services (US$ Million) Month Receipts […]
However, bank branches in rural areas maintained a double-digit growth. The share of industrial credit in total bank credit declined to 31.5 per cent in March 2020 as against 33.1 per cent a year ago, Reserve Bank data showed. Bank credit growth (year-on-year) continued to decelerate across all population groups […]