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Page 682 - Finance News

RBI monetary policy review: New orders grew, sales declined in Q4

This survey provides a snapshot of demand conditions in India's manufacturing sector

RBI monetary policy review: New orders grew, sales declined in Q4
Updated On : 08 Aug 2019 | 12:49 AM IST

Mutual funds can be part of inter-creditor agreement, clarifies RBI

Reserve Bank of India underlines importance of looking at liabilities of stressed assets comprehensively

Mutual funds can be part of inter-creditor agreement, clarifies RBI
Updated On : 08 Aug 2019 | 12:03 AM IST

Banks should pass on rate-cut benefits to spur investment, says India Inc

The Reserve Bank of India on Wednesday decided to reduce the repo rate by 35 bps to 5.40 per cent

Banks should pass on rate-cut benefits to spur investment, says India Inc
Updated On : 07 Aug 2019 | 11:57 PM IST

Rate cuts to continue

Further rate cuts are contingent on the non-banking financial company sector recovery prospect

Rate cuts to continue
Updated On : 07 Aug 2019 | 11:52 PM IST

RBI policy review: SBI cuts loan rates by 15 bps, others likely to follow

SBI reduced its marginal cost of funds-based lending rate from 8.4% to 8.25%

RBI policy review: SBI cuts loan rates by 15 bps, others likely to follow
Updated On : 07 Aug 2019 | 11:24 PM IST

Banks must transmit RBI rate cut to hike consumption, investment: India Inc

The Reserve Bank of India's (RBI) Monetary Policy Committee on Wednesday cut the interest rate by 35 basis points -- the fourth successive reduction -- to a nine-year-low level

Banks must transmit RBI rate cut to hike consumption, investment: India Inc
Updated On : 07 Aug 2019 | 7:33 PM IST

Soon, transfer or receive money 24x7: RBI removes NEFT time limit from Dec

Last month, the banking regulator had scrapped the levy on online transactions such as NEFT to make the transfer of funds cheaper

Soon, transfer or receive money 24x7: RBI removes NEFT time limit from Dec
Updated On : 07 Aug 2019 | 5:58 PM IST

Asia central banks stun markets with series of rate cuts amid slow growth

Policymakers everywhere have been forced to consider more stimulus as fears grow over the broadening fallout of the US-China trade dispute on the global economy

Asia central banks stun markets with series of rate cuts amid slow growth
Updated On : 07 Aug 2019 | 5:57 PM IST

RBI to cover all repetitive bill payments under Bharat Bill Payments System

The detailed instructions in this regard will be issued by the end of September 2019

RBI to cover all repetitive bill payments under Bharat Bill Payments System
Updated On : 07 Aug 2019 | 3:04 PM IST

RBI provides more liquidity to NBFCs, won't allow large firms to collapse

The NBFC segment has been facing trouble since the collapse of the infra-focused IL&FS in September 2018

RBI provides more liquidity to NBFCs, won't allow large firms to collapse
Updated On : 07 Aug 2019 | 2:38 PM IST

Indiabulls expects regulator's nod on merger with LVB in 2 months

Proposes Sameer Gehlaut as non-executive chairman and Gagan Banga as MD and CEO of the amalgamated bank

Indiabulls expects regulator's nod on merger with LVB in 2 months
Updated On : 07 Aug 2019 | 11:35 AM IST

Tough times for real estate sector, need to find solution: HDFC MD

She pointed out that developers have been facing cash crunch following the liquidity crisis in the NBFC sector

Tough times for real estate sector, need to find solution: HDFC MD
Updated On : 06 Aug 2019 | 9:25 PM IST

In a first, Mastercard enables one-time password-less transactions

A new mobile-first authentication solution rolled out by the payments major allows such transactions only for deals below Rs 2,000

In a first, Mastercard enables one-time password-less transactions
Updated On : 06 Aug 2019 | 7:58 PM IST

RBI faces calls to do more than just one rate cut amid economic slowdown

Finance Minister Nirmala Sitharaman has ratcheted up pressure on the six-member monetary policy committee for a 'significant cut' to lift economic growth from a five-year low

RBI faces calls to do more than just one rate cut amid economic slowdown
Updated On : 06 Aug 2019 | 8:18 AM IST

State Bank of India seeks bids for Videocon's overseas oil and gas assets

SBI said it had appointed consultant Deloitte to find buyers for Videocon's exploration assets in Brazil and Indonesia

State Bank of India seeks bids for Videocon's overseas oil and gas assets
Updated On : 06 Aug 2019 | 2:31 AM IST

Monetary policy review: RBI may cut rate, but commentary will be cautious

Economic and markets indicators are increasingly signaling a slowing economy, but an even greater worry is a weakness of both consumer and investment sentiment

Monetary policy review: RBI may cut rate, but commentary will be cautious
Updated On : 06 Aug 2019 | 1:51 AM IST

Indian Bank net profit rises 75% on lower provisioning and higher income

The bank had recorded net profits at Rs 209.31 crore during the corresponding quarter the previous year

Indian Bank net profit rises 75% on lower provisioning and higher income
Updated On : 06 Aug 2019 | 1:01 AM IST

IIFL Finance to raise Rs 1,000 cr through bond issuance for business growth

The non-convertible debentures (NCDs) will offer up to 10.5 per cent yield

IIFL Finance to raise Rs 1,000 cr through bond issuance for business growth
Updated On : 05 Aug 2019 | 10:13 PM IST

Moody's again warns YES Bank about ratings for exposure to shadow banks

The agency also said the bank's counterparty risk assessment of Baa3 and domestic and foreign currency counterparty risk rating of Baa3 also remain under review for downgrades

Moody's again warns YES Bank about ratings for exposure to shadow banks
Updated On : 05 Aug 2019 | 8:01 PM IST

Don't get lured by schemes with abnormal returns: Sebi cautions youth

Instead of going through allurement, investors are advised to go through terms carefully: Sebi DGM

Don't get lured by schemes with abnormal returns: Sebi cautions youth
Updated On : 05 Aug 2019 | 5:28 PM IST