All that happened in the markets today
The SGX Nifty, though, is trading with a slight cut and is indicating an open around 10,470 levels for the Nifty today
Action follows change in outlook on India's rating
The order is on the resolution plan for Aircel and its subsidiaries Dishnet Wireless and Aircel Cellular.
After India downgrade, agency reduces long-term deposit ratings of 11 banks
Refinancing high-cost debt into low-cost debt is possible, thanks to the RBI's TLTROs
The banks together claimed over Rs 230 crore from the company, along with interest and other charges
On April 1, Punjab National Bank (PNB) took over Oriental Bank of Commerce (OBC) and United Bank of India (UBI) to become the country's second-largest lender after SBI in terms of business
SBI informed customers that in some cases, deferring 3 EMIs on a home loan may force the borrower to pay 8 more EMIs
Starting today, automobile companies will starting releasing sales numbers for March. According to a Business Standard report, these auto sales for the month could see a 50 per cent YoY
Sebi has also introduced limits on open positions for going short or long in index derivatives
According to the banks, they have either put the sessions on hold or are opting for e-learning instead of classroom sessions.
Earlier this month, JSL announced its exit from CDR framework. The company received a letter from the consortium of CDR lenders to this effect on March 4.
Banks likely to set up common call centres and monitoring cells
Punjab National Bank (PNB), Oriental Bank of Commerce, and United Bank of India will combine to form the nation's second-largest lender
Advances grow at tepid pace in Q3, indicating slowing loan demand
The government has appointed Sanjiv Chadha as the new managing director and chief executive of Bank of Baroda
In 2018 too, the bank had forgone the stake sale after receiving lower than expected price quotation.
As per the resolution proposal, banks would recover over 90 per cent of their claims against Essar Steel, amounting to over 40,000 crore.
Weekly Technical Recommendations by Religare Broking Ltd.