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  Business   Economy  09 Oct 2018

Business, Economy, 09 Oct 2018

SBI to buy assets worth Rs 45,000 cr from NBFCs to resolve liquidity crisis

The country's largest lender said that it has stepped up target purchase of good quality portfolio of assets from NBFCs.

09 Oct 2018 7:07 PM

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