Finance News
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May 09, 2021, Sunday
National Asset Reconstruction Company to be operational next month: IBA CEO
National Asset Reconstruction Company Ltd (NARCL), the name coined for the bad bank announced in the Budget 2021-22, is expected ...
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May 09, 2021, Sunday
IDFC First Bank's net profit up 79% at Rs 127.81 cr in March quarter
IDFC First Bank on Sunday reported a 78.6 per cent increase in its net profit for the quarter ended March at Rs 127.81 crore.
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May 08, 2021, Saturday
CSB Bank reports highest-ever net profit of Rs 218 crore in FY21
During the last quarter ended March of FY21, the lender reported a net profit of Rs 42.89 crore against a loss of Rs 59.70 crore ...
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May 08, 2021, Saturday
FinMin asks PSU banks to keep high vigil on attempt to seize funds by Cairn
UK's Cairn Energy plc has been awarded $1.2 billion against India
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May 07, 2021, Friday
HDFC beats the Street, post 42% net profit surge to Rs 3,180 cr in Q4
Board okays re-appointment of Keki Mistry as vice-chairman, CEO for 3 more years
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May 07, 2021, Friday
Life insurance companies' new premium business up 45% at Rs 9,739 crore
While the NBP of private insurers, 23 in total, grew 55.18 per cent over the same period last year, state-owned Life Insurance ...
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May 07, 2021, Friday
RBI to conduct first SLTRO of Rs 10k cr for small finance banks on May 17
The SLTRO will be valid for three years. All SFBs will be eligible to participate in the scheme, which was announced by RBI ...
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May 07, 2021, Friday
Bank credit shrinks by Rs 89,087 cr in April on second wave impact
The bank credit expanded by 5.7 per cent in 12 months till April 23, 2021, as against 6.8 per cent a year ago
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May 07, 2021, Friday
No immediate plans to raise capital: SBI Chairman Dinesh Kumar Khara
SBI chairman said that the bank does not have immediate plans to raise capital as a reasonable profit of the last fiscal would be ...
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May 07, 2021, Friday
RBI sets up an advisory group to assist regulatory review authority
Regulatory Review Authority (RRA 2.0) was constituted by the central bank earlier this month to streamline regulations and reduce ...
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May 07, 2021, Friday
SBI, EIB to invest up to Euro 100 mln in SMEs focused on climate change
The European Investment Bank and the country's largest lender SBI on Friday entered into a pact
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May 07, 2021, Friday
Covid-19 loans: Banks using their own resources to get the benefit
Earlier, option of earning 40 bps extra was for banks using RBI's Rs 50,000-cr window
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May 07, 2021, Friday
RBI's Rs 50K cr liquidity facility can augment hospital bed capacity Crisil
Reserve Bank's Rs 50,000-crore liquidity window can help augment the bed capacity at hospitals by up to 20% as credit will be ...
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May 06, 2021, Thursday
Dollar forward rates normalise after carry traders unwind positions
Decline in premium to help importers hedge near-term exposures
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May 06, 2021, Thursday
Hospitals to reap the benefits of RBI's health care liquidity injection
While top hospital chains reported an average borrowing cost of 9.8% in H1FY21, loans under the special RBI liquidity window for ...
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May 05, 2021, Wednesday
RBI's relief: Hit by second Covid wave, MSMEs call for more support
According to them, measures such as revisiting classification of bad loans and clearing pending dues from government agencies are ...
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May 05, 2021, Wednesday
Bond bulls bring down 10-year yield below 6% for first time since Feb 12
This was after the RBI assured the market of ample liquidity and another round of secondary market purchase of Rs 35,000 crore
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May 05, 2021, Wednesday
RBI's Covid relief: SFB loans to MFIs get priority sector status
Special liquidity for SFBs to help low-income groups, say experts
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May 05, 2021, Wednesday
Run for cover will need longer strides: Insurance experts at BS Webinar
At Business Standard webinar on De-risking the Risk Business, they say one can expect a deadline extension for the implementation ...
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May 05, 2021, Wednesday
Banks using unseen digital cash could bring down fees on foreign transfers
Blockchain technology used between banks to settle claims could significantly lower the cut taken from customers
