NON BANKING SECTOR
Stocks in the news: Future Retail, YES Bank, KPIT Tech, JSW Steel and Deepak Fertilisers
YES Bank would raise as much as Rs 5,000 crore in share sale as it returns to normalcy.
Private sector banks safe, RBI tells chief secretaries
Apprehension on the safety of deposits in private banks is highly misplaced, the lette...
CBI questions three in DHFL scam
Besides Mishra, the agency questioned Pravin Kumar Gupta, former secretary of the UP State Power Sector Empl...
RBI provides much-needed shot in the arm to corporate debt market
RBI on Friday announced measures to inject Rs 3.74 lakh crore into the banking system.
What we need now is enormous liquidity rather than rate cuts: Suresh Ganapathy
The Head of financial services research at Macquarie is not worried about succession issue at HDFC Bank.
Sebi allows non-bank custodians to manage gold, related instruments
The regulator has amended Securities and Exchange Board of India (Mutual Funds) Regulations, 1996.
Nationwide lockdown to impact housing sales, say realtors
Market experts also fear that existing customers might delay payments of their instalments to developers, who in turn could default in repayment of principal and interest on bank loans.
Delay in bank loan repayment: Companies point to 'act of god', seek relief
Realty, hospitality and tourism companies want payment leeway from banks
Macquarie has outperform rating on Bandhan Bank, target price Rs 350
The brokerage has cut FY21-FY22 EPS estimates by 12-15 per cent.
SBI sees around Rs 60K crore repayment getting deferred: Rajnish Kumar
The RBI move is aimed at providing borrowers some relief to borrowers, who are affected by the impact of lockdown on account of COVID-19. "Our term loan book is fairly large and I think Rs 2-2.5 trillion gets paid every year, so for three months it would be Rs 50,000-60,000 crore," the bank's chairman Rajnish Kumar told reporters.
Cyber crooks lurk in dark as bank staff work from home
Cybersecurity experts warn that the ongoing situation has made cybercriminals more active as they are increasingly targeting both the bank employees with malware attacks, and the unwitting customers using digital channels with scam messages, to defraud them and gain remote access to secure networks.
Market Movers: IndusInd Bank soars; L&T, Airtel rally; 78 stocks give ‘buy’ signals
Banks and financials were at the forefront of the rally. IndusInd Bank leaped 45 per cent.
Federal Bank says well capitalised, asset quality healthy
Federal Bank on Friday said its asset quality is healthy and the capital adequacy is much above the regulatory requirement, amid broader concerns triggered by the Yes Bank crisis.
Take measures to provide liquidity to MFs, NBFCs: Arundhati Bhattacharya
Former Chairman of SBI, Arundhati Bhattacharya has called for measures to provide liquidity to mutual funds and Non-Banking Financial Institutions (NBFCs) to mitigate the impact of the country- wide lockdown to check the spread of novel coronavirus, saying they need "backstop."
2008 taught us RBI will also have to withdraw these measures fast: Usha Tharot
We should not create greater distress in the informal sector, says Former Deputy Governor, RBI.
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