Kerala based South Indian Bank has received regulatory approval to appoint Murali Ramakrishnan as Managing Director & CEO of the lender. Murali will be at helm of the private bank for a period of three years, and will assume charge on October 1, 2020 after current CEO VG Mathew retires […]
Banking & Business
Hindi News Business Order To Banks, Apply Till 15 September Resolution Scheme, Relief In Festive Season नई दिल्ली11 घंटे पहले कॉपी लिंक वित्त मंत्रालय रिजर्व बैंक से यह सुनिश्चित करने की भी कोशिश में है कि लेंडर्स को रिजॉल्यूशन प्रक्रिया में केंद्रीय बैंक द्वारा भी सहायता प्रदान की जाए। वित्त […]
(Representative image) NEW DELHI: Amid reports suggesting that Verizon and Amazon may invest over $4 billion in the company, Vodafone Idea on Thursday said while it constantly evaluates various opportunities as part of corporate strategy, there is no such proposal currently before its board. As and when various proposals are […]
In the backdrop of the prolonged nationwide lockdown, an ICRA analysis of financial results of 489 companies (excluding financial sector entities), has shown a year-on-year and sequential contraction in revenues, with aggregate revenues contracting by 31.1% y-o-y in the first quarter of FY2021. During the same period, the PBT margin […]
The rupee depreciated 44 paise and closed at 73.47 (provisional) against the US dollar on Thursday tracking muted domestic equities and strengthening American currency. At the interbank forex market, the rupee opened on a weak note at 73.23, lost further ground during the session and finally settled for the day […]
नई दिल्ली। वित्त मंत्री निर्मला सीतारमण ने सभी बैंक प्रमुखों से कहा कि वह जल्द से जल्द रिजॉल्युशन स्कीम को लागू करें। साथ ही कोरोना के चलते वित्तीय संकट में फंसे लोगों को बैंक के कर्ज चुकाने में भी मदद करें। सीतारमण ने वीडियो कांफ्रेंसिंग के जरिए गुरुवार को बैंको […]
Vinati Organics Limited, as part of its growth and expansion plans, is envisaging a Capex of about Rs150cr aimed for manufacturing 4 new specialty Chemicals and for expanding the present capacity of the PTBBA plant. These new products will be used in sectors like Agrochemicals, Dyes and Plastic additives, the […]
A. I. SUMMARY OMO PURCHASE RESULTS Aggregate Amount (Face value) notified by RBI : ₹ 10,000 crores Total amount offered (Face value) by participants : ₹ 72,621 crores Total amount accepted (Face value) by RBI : ₹ 7,132 crores A. II. DETAILS OF OMO PURCHASE ISSUE Security 7.72% GS 2025 […]
The Association of Power Producers asked banks to forego profit for this year as it was among the most stressed sectors. Solicitor General Tushar Mehta on Wednesday told the Supreme Court (SC) that the banking sector plays a vital role in the revival of the economy and a “knee jerk […]
Global lender HSBC has in the United Kingdom moved to stop first-time buyer mortgages with 10% deposits. The lender has now raised the demand for deposits to 15%, according to a report by Yahoo Finance. The aforesaid move to increase deposits by 500 basis points would emerge as a limiting […]