The RBI said that an analysis of practices followed by the lenders has brought out certain supervisory concerns Concerned over frequent changes in loan facility to businesses, the Reserve Bank on Friday asked all the lenders, including urban cooperative banks and small finance banks, to avoid repeated ad hoc and […]
Banking & Business
Banking stocks, once the darling of Indian investors, have since the emergence of COVID-19 taken a deep dive. The lender dedicated indice Bank Nifty alone has over a six month period lost 26.8% in value, brought down by its constituents who are not finding investor fancy as earlier. Over a […]
Hindi News Business Market Cap Of 7 Of Top 10 Valued Firms Jumps Rs 67,622 Cr; ICICI, HDFC Bank Lead Gainers नई दिल्लीएक घंटा पहले कॉपी लिंक बीते सप्ताह टॉप-5 मार्केट कैप गेनर में 3 कंपनियां बैंकिंग सेक्टर की शामिल रहीं। रिलायंस इंडस्ट्रीज का मार्केट कैप 20,507 करोड़ रुपए घटा […]
File photo NEW DELHI: Arindam Chaudhuri, director of Indian Institute of Planning and Management (IIPM) and another director of his company have been arrested by the CGST South Delhi Commissionerate for wrongfully claiming cenvat of service tax credit in the pre-GST regime, reports Surojit Gupta. Sources said the once high-profile […]
“The pandemic is still spiralling, the number of daily cases is rising and it is spreading to newer regions,” he added Calling ‘green shoots’ of economic revival as a mechanical rebound, former Reserve Bank Governor D. Subbarao says India’s short and medium term growth prospects continue to remain grim and […]
The rehiring of temporarily laid-off workers will continue to bolster the US labour market’s recovery in the months ahead, but Goldman Sachs Group Inc. expects almost a quarter of those layoffs to become permanent. In the early months of the pandemic, employers shed more than 22 million people from their […]
आज की बड़ी खबरें। NATIONAL: राजनीति के साथ देश की हर एक बात यह खबर भी पढ़े: पूर्वोत्तर में कोरोना संक्रमितों की संख्या हुई 1,13,940, पिछले 24 घंटे में मिले 2182 नये मरीज यह खबर भी पढ़े: Corona Vaccine: इतने दिनों में आ जाएगी भारत की पहली कोरोना वैक्सीन! सरकार […]
Minda Industries Limited announced its Q1FY21 results on Aug 22, 2020. Consolidated net revenue of Minda Industries Limited in Q1FY21 stood at Rs417.11cr, which declined by 71.03% yoy from Rs1,439.75cr in Q1FY20. The company posted negative EBITDA of Rs153.17cr in Q1FY21. For Q1FY20, it had posted positive EBITDA of Rs80.86cr. […]
5.22% GS 2025 6.19% GS 2034 7.16% GS 2050 I. Notified Amount ₹ 12000 cr ₹ 11000 cr ₹ 7000 cr II. Cut off Price / Implicit Yield at cut-off 99.32/5.3804 98.00/6.4071 105.11/6.7596 III. Amount accepted in the auction ₹ 12000 cr ₹ 13000 cr* ₹ 7000 cr IV. […]
Despite the forbearance measures, under scenario 1, Moody’s expects newly formed NPLs to nearly double to about 3.7% of gross loans annually in the next two years from 1.7% in fiscal 2020, driven by the retail, SME and agriculture segments. Public sector banks (PSBs) may need up to Rs 3.4 […]