The state-run lender said it continues to lend to non-banking financial companies and housing finance companies.
09 Oct 2018 7:00 PM
The domestic currency failed to sustain the momentum after Brent crude breached the USD 84 per barrel-mark.
09 Oct 2018 5:43 PM
The boards of all the three banks have approved the merger proposal and sent the recommendations to the government.
09 Oct 2018 5:27 PM
Chiefs of SBI, LIC meet FM to discuss matters relating to infra lender.
09 Oct 2018 5:08 PM
The rupee had opened lower by 14 paisa against Friday's close of 73.76 in early trade as the US dollar.
08 Oct 2018 6:20 PM
The lender said that Reserve Bank earlier last week gave approval for the proposed transactions.
08 Oct 2018 4:36 PM
Dewan Housing Finance Corporation Ltd’s stock fell as much as 12.3 per cent.
08 Oct 2018 2:41 PM
IDBI Bank on October 4 allotted about 33.99 crore equity shares to LIC at a price of Rs 61.73 per share.
08 Oct 2018 11:38 AM
Experts say they should adopt a holistic approach in credit rating.
08 Oct 2018 11:03 AM
The dollar strengthened after China's central bank eased its domestic policy to support the economy.
08 Oct 2018 10:30 AM
It will consume time to explore the exact reasons behind the present mess.
07 Oct 2018 2:13 PM
Post-merger, the asset size of the new entity would be over Rs 14.5 lakh crore.
07 Oct 2018 12:09 PM
Supreme Court declared constitutional the government's extraordinary attempt to give every resident a biometric ID.
06 Oct 2018 2:35 PM
Govt cut borrowing target for the current fiscal by Rs 70,000 cr and allowed oil cos to raise USD 10 bn in one year.
06 Oct 2018 11:17 AM
Rupee has depreciated in nominal effective terms by 5.6 per cent since the end of March, says Patel.
05 Oct 2018 6:03 PM
Finance Minister Arun Jaitley has, however, assured that the government will stick to the fiscal deficit target.
05 Oct 2018 5:22 PM
MPC said that the recent excise duty cuts on petrol and diesel will moderate retail inflation.
05 Oct 2018 4:31 PM
Inflation is projected at 4 pc in second quarter (July-September) 2018-19, 3.9-4.5 pc in H2 (October-March) and 4.8 pc in Q1:2019-20.
05 Oct 2018 3:44 PM
RBI in its monetary policy meet in August had decided to hike the key interest rates from 6.25 pc to 6.50 pc.
05 Oct 2018 2:44 PM
A rate hike should make domestic yields on debt more attractive for foreign investors.
05 Oct 2018 10:41 AM