INTEREST FROM BANK ACCOUNT
Fed next move only in 2021! Key takeaways from Dec rate setting
As many as 13 officials expected status quo next year, while four saw a hike.
Now, PM-Kisan payments only via Aadhaar-linked bank accounts
Under the Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) Yojana, the central gover...
Union Bank of India cuts MCLR by up to 10 bps across tenors
After the cut, Union Bank of India's one year MCLR now stands at 8.2 percent, dow...
UCO Bank cuts MCLR by 10 basis points across tenors
The revised one-year MCLR now stands at 8.30 per cent, down from the existing 8.40 per cent, the state-run lender said in a release.
Karvy fallout: Brokers to face stricter scrutiny of accounts
The Securities and Exchange Board of India has asked exchanges to detect Karvy-like cases beforehand.
HDFC Bank cuts MCLR by up to 15 bps
Private sector lender, HDFC Bank, cut its marginal-cost based lending rate (MCLR) for all tenors by 15 basis points (bps). According to the bank’s website, it has cut the 6-month MCLR by 10 bps to 8 percent, 1-year rate by 15 bps to 8.15 percent
View: One key reason why Fed should cut interest rates today
US economy started flashing recession signals in 2019, forcing the Fed to cut rates 3 times.
View: Yes Bank needs an arranged match, otherwise it’s No Bank
Is the Reserve Bank of India so distracted fighting other fires that it would rather not have to think about Yes?
US Senators proposes bill to clamp down on World Bank lending to China
Three Republican Senators have tabled a legislation in the US Senate to prevent World Bank from lending to China on projects that would be used against religious and ethnic minorities.
Buy City Union Bank, price target Rs 242: Jayesh Bhanushali
The analyst suggested a stoploss at Rs 228.
Should you book profit or hold Ujjivan Small Finance Bank after stellar listing?
Ujjivan SFB is among the 35-odd issues that got subscribed over 50 times in last 12 years.
There is no question of SBI helping out YES Bank: CFO
Any talk about SBI helping out YES Bank is just speculation. There is no truth in any of these talks. Any reluctance on the part of the bankers to lend has more to do with demand. Bankers are becoming more risk conscious, not risk averse. The way things are happening, gradually we are becoming more cautious about understanding the risk.
We are overwhelmed and surprised by market response: Nitin Chugh, Ujjivan SFB
Ujjivan SFB has not seen rural slowdown as microfinance itself is insular to economic cycles.
Deep cyclicals are still some time away from a recovery: Chakri Lokapriya
While India is slowing down, there is a cushion of global support for Indian companies.
Stay away from YES Bank till fund raising takes place: Gurmeet Chadha
There is news that YES Bank may deny Erwin Singh Braich’s offer. My sense is while the board recommended it, it is probably having a rethink on how it is going to work out with RBI. My advice to investors is to stay away from YES Bank till the fundraise actually happens. The frequent flip-flop is fast becoming a joke.
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