Stock market update: Private banks mixed; YES Bank jumps 4%
The Nifty Private Bank index was trading 0.26 per cent down at 17,653.5.
IDBI Bank to raise Rs 1,500 crore from asset sales: CEO
The government appointed Sharma in October 2018 to manage the transition of the bank’s ownership to Life Insurance Corporation of India.
Deepak Shenoy on YES Bank, Ujjivan, rate cuts & more
I really hope YES Bank fund raising plan goes through, and if it does, this is not a very low price to buy the bank.
5 reasons why RBI didn't go for rate cut
The Reserve Bank of India on Thursday maintained the status quo on policy rates in its fifth bi-monthly monetary policy review of the financ...
CIC issues show-cause notice to RBI for casual approach to its notice
In the show-cause notice, Chandra directed the CPIO why penal action under Section 20(1) of the RTI Act should not be initiated against him. This is not the first time that the RBI had to face the ire of CIC as former Information Commissioner Sridhar Acharyulu had summoned then RBI Governor Urjit Patel for not following Supreme Court orders on RTI implementation.
78% depositors of PMC Bank can withdraw entire deposits: Government
The minister said steps are being taken to seize properties of promoters of the PMC Bank, auction such properties and repay depositors with the money obtained. Sitharaman said the Rs 50,000 withdrawal ceiling for depositors continues but for scenarios like marriage, education, livelihood and other "hardships", the withdrawal limit if Rs 1 lakh.
Ujjivan’s microfinance AUM continues to grow, there’s no slowdown in demand: Nitin Chugh
The core business of microfinance is reasonably insular to all kinds of cycles.
With debt mutual funds and banks defaulting, where should retirees invest?
Many investors, recently, were concerned about the news around DHFL FDs being kept on hold and the PMC Bank crisis.
RBI Monetary Policy December 2019: Key takeaways
While announcing the observations and decisions of the Monetary Policy Committee's meet for December 2019, Governor Shaktikanta Das announce...
Global policy uncertainty could push 7 mn in India, 31 mn globally into poverty: World Bank
Highlighting that India's exports could rise by about half a percentage point and income by 0.2% from trade diversion due to trade conflict between other countries, it cautioned worsening trade conflict leading to a slump in investor confidence to push more than 31 million people into poverty.
Only up to Rs 1 lakh, not all money, insured in banks: RBI-owned subsidiary
Finance Minister Nirmala Sitharaman last month said the government plans to bring in legislation on raising the insurance cover on bank deposits from the current Rs 1 lakh during the winter session of Parliament.
How to make the FRDI bill more effective
The new Act should consider keeping its ripple effects on other laws to the minimum.
After Market: YES Bank plunges; Airtel, Voda surge; midcaps and smallcaps fall
Auto stocks remained subdued after automakers reported another month of low sales.
DHFL: RBI retains its 3-member advisory panel
On November 22, the central bank had constituted a three-member advisory committee.
20 firms turned around in Q2! Are they compelling ‘buy’ ideas now?
Seventeen of these 20 stocks posted up to 51 per cent YoY rise in net sales for the quarter.
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