Top
Home » Business » Economy

Economy - Page 136

Chanda KochharBusiness
ICICI Bank shares surge 6 per cent as Chanda Kochhar quits

Following the announcement, the stock soared 5.69 per cent to Rs 320.90 on BSE.

4 Oct 2018 2:54 PM IST

ICICI Bank MD and CEO Chanda Kochhar has pulled out of the annual session of FICCI Ladies Organisation (FLO).Business
ICICI Bank MD Chanda Kochhar quits with immediate effect

The enquiry instituted by the board will remain unaffected by this.

4 Oct 2018 2:17 PM IST

Indian services sector activity returned to its growth track in March, driven by greater inflows of new work.Business
India's services sector expands at slower pace in September

Nikkei India Services Business Activity Index touched 50.9 in September, down from 51.5 recorded in August.

4 Oct 2018 12:16 PM IST

The Reserve Bank is expected to go for a hike in key policy rates by the fourth quarter of this year.Business
RBI extends curbs on Shree Ganesh Sahakari Bank by 3 months

As per the extension, the cooperative lender will be under "directions" till December 29, 2018, it said.

4 Oct 2018 12:04 PM IST

Federation of Indian Export OrganisationsBusiness
FIEO flags global protectionism

He said that on domestic front, flow of credit to export sector is a huge issue as export credit declined by over 41 per...

4 Oct 2018 12:29 AM IST

State-owned Central Bank of India, one of the key shareholders of debt-ridden IL&FS Ltd, is unlikely to participate in the proposed Rs 4,500 crore rights issue of the company, according to sources.Business
Central Bank of India may not participate in rights issue of IL&FS

Central Bank of India had 7.67 per cent stake in IL&FS at the end of March 2018.

3 Oct 2018 7:53 PM IST

The Reserve Bank is expected to go for a hike in key policy rates by the fourth quarter of this year.Business
RBI allows oil marketing firms to raise USD 10 billion from overseas

OMCs will now be able to raise external commercial borrowing for working capital purposes.

3 Oct 2018 7:44 PM IST

Shares of Federal Bank on Tuesday surged over 19 per cent after the company registered a 25 per cent increase in its net profit for first quarter of the current fiscal.Business
Federal Bank fined Rs 5 crore for non-compliance of RBI norms

The lender was found to have not complied with RBI directions on reporting of data on CRILC.

3 Oct 2018 7:24 PM IST

Midsize private sector lender Yes Bank is aiming to evolve itself into a \technology company in the business of banking\ and has accordingly announced a rejig of its senior management.Business
Yes Bank shares extend rally, jump nearly 6 per cent

In terms of the equity volume, 60.22 lakh shares of the company were traded on the BSE.

3 Oct 2018 5:01 PM IST

RBI governor Urjit PatelBusiness
RBI rate-setting panel begins three-day meet

RBI raised the repo rate or short term lending rate by another 25 basis points in August policy meet.

3 Oct 2018 4:00 PM IST

State Bank of India, SBI, had earlier reduced minimum balance requirement. (Photo: PTI)Business
SBI vows to become plastic free organisation in one year

The initiative is in sync with PM's Swachh Bharat Abhiyan and the national commitment to abolish single use plastic by...

2 Oct 2018 6:00 PM IST

Visiting Venezuelan Foreign Minister Jorge Arreaza said in New Delhi on Monday that Venezuela wants trade with India in oil and other commodities such as food and medicines to be conducted in Indian Rupees and not in US Dollars. (Representational image)Business
Mahatma Gandhi first appeared on currency note on his birth centenary

King's portrait was replaced by Lion Capital at Sarnath in lieu of the Gandhi Portrait.

2 Oct 2018 5:24 PM IST

X