Thursday, October 29, 2020

Banks Given November 5 Deadline To Implement Interest Waiver Scheme

The country's lenders were set a November 5 deadline on Saturday to waive interest payments on coronavirus support loans in a move...

RBI To Keep Policy Accommodative, But Wary Of Inflation

A second wave of COVID-19 remains a threat to the country's economy and the central bank believes monetary policy needs to remain...

Equitas Small Finance Bank IPO Closes

Equitas Small Finance Bank (SFB)'s ₹ 518 crore initial public offer (IPO) closes for bidding at 5:00 pm today i.e. October 22....

SBI Announces More Concession On Home Loans In Festive Season Offer

State Bank of India on Wednesday announced a concession of up to 20 basis points - or 0.20 percentage point - on...

Equitas Small Finance Bank IPO To Open This Week

Equitas Small Finance Bank's ₹ 517.6 crore initial public offer (IPO) opens for subscription on October 20. The IPO will remain open...

HDFC Bank July-September Profit Jumps 18% To ₹ 7,513 Crore, Asset Quality Improves

HDFC Bank on Saturday reported a net profit of ₹ 7,513.11 crore in the quarter ended September 30, marking an increase of...

IMF Data Shows Virus Will Push China GDP Growth Far Beyond US

The Covid-19 pandemic will produce lasting shifts to global growth, pushing China even more to the forefront. The proportion...

IMF Slashes India’s Forecast, Economy To Face Worst Contraction On Record

India's economic growth forecast was slashed further by the International Monetary Fund (IMF) today, with the country now facing the biggest contraction...

RBI Monetary Policy Highlights

The Reserve Bank of India's Governor Shaktikanta Das announced the Monetary Policy Committee (MPC)'s decisions at 10.00 am today. The central bank...

Shaktikanta Das-Led RBI To Announce Policy Decision Today

RBI Governor Shaktikanta Das-led Monetary Policy Committee will today reveal its policy decision at the end of talks that began on Wednesday....

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Top Court Lists Hearing On Centre’s Interest Waiver Plan

The Supreme Court today adjourned a hearing in the matter of waiving "interest on interest" on loans up to ₹ 2 crore,...

Amazon Prepares for Holiday Sales Amid COVID-19 Challenges

Amazon on Thursday will announce its latest financial results, and Wall Street wants to know if it can keep up with shoppers'...

India Covid Tally Nears 80 Lakh, 43,893 New Cases; 508 Deaths In A Day

With a positivity rate of 4.1 per cent, India's daily cases increased by 43,893 in the last 24 hours, taking the country's...