Wednesday, Jan 23, 2019 | Last Update : 05:22 AM IST

Economy

IL&FS loan account remains standard, says Bank of Baroda

The state-run lender said it continues to lend to non-banking financial companies and housing finance companies.

09 Oct 2018 7:00 PM

Rupee slumps 33 paise to close at record low of 74.39 against US dollar

The domestic currency failed to sustain the momentum after Brent crude breached the USD 84 per barrel-mark.

09 Oct 2018 5:43 PM

Bank of Baroda, Vijaya Bank, Dena Bank send merger proposal for govt nod

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

Govt shifts to top gear for resolving IL&FS crisis

Chiefs of SBI, LIC meet FM to discuss matters relating to infra lender.

09 Oct 2018 5:08 PM

Rupee slumps 30 paise to close at record low of 74.06 against US dollar

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

Federal Bank gets RBI nod to sell 45 pc stake in NBFC arm to True North

The lender said that Reserve Bank earlier last week gave approval for the proposed transactions.

08 Oct 2018 4:36 PM

Non-banking financial companies slip as RBI plans to strengthen norms

Dewan Housing Finance Corporation Ltd’s stock fell as much as 12.3 per cent.

08 Oct 2018 2:41 PM

IDBI officers allege LIC deal violates status quo assurance

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

Sebi show-cause notice likely to credit rating agencies in IL&FS failure

Experts say they should adopt a holistic approach in credit rating.

08 Oct 2018 11:03 AM

Rupee falls 14 paise against US dollar in opening trade

The dollar strengthened after China's central bank eased its domestic policy to support the economy.

08 Oct 2018 10:30 AM

IL&FS board likely to meet again this week

It will consume time to explore the exact reasons behind the present mess.

07 Oct 2018 2:13 PM

Amalgamation not on cards; focus on internal consolidation: PNB MD

Post-merger, the asset size of the new entity would be over Rs 14.5 lakh crore.

07 Oct 2018 12:09 PM

Banks, telcos could be allowed to use Aadhaar, says Jaitley

Supreme Court declared constitutional the government's extraordinary attempt to give every resident a biometric ID.

06 Oct 2018 2:35 PM

Some more steps likely to narrow current account deficit, says Jaitley

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 at 74 to a dollar is still better than its EM peers: Patel

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

Fiscal slippages to have adverse bearing on inflation, markets: RBI

Finance Minister Arun Jaitley has, however, assured that the government will stick to the fiscal deficit target.

05 Oct 2018 5:22 PM

RBI maintains status quo; warns volatile oil prices pose risk to inflation

MPC said that the recent excise duty cuts on petrol and diesel will moderate retail inflation.

05 Oct 2018 4:31 PM

RBI lowers retail inflation projection to 3.9-4.5 pc for second half of FY19

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

Reserve Bank of India keeps key policy rate unchanged at 6.50 pc

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

RBI seen raising rates again as rupee slide accelerates

A rate hike should make domestic yields on debt more attractive for foreign investors.

05 Oct 2018 10:41 AM