Thursday, Jan 28, 2021 | Last Update : 02:14 AM IST

FALAKNAAZ SYED

Lakshmi Vilas Bank shareholders to get nothing after merger with DBS India

However, depositors need not worry as their deposits will be transferred to DBS and would be fully secured

19 Nov 2020 5:18 AM

Lakshmi Vilas Bank placed under moratorium, RBI proposes merger with DBS Bank

As part of the moratorium, the regulator has capped deposit withdrawals by customers to Rs 25,000

18 Nov 2020 3:29 AM

RBI announces Co-lending scheme for banks, NBFCs for priority sector

The primary focus of the revised scheme is to improve the flow of credit to the unserved and underserved sector of the economy

06 Nov 2020 1:42 PM

RBI gives relief to big ticket loans of above Rs 75 lakh

The latest announcement regarding home loan risk has done away with the requirement of factoring in loan amount while setting risk weights

10 Oct 2020 5:43 PM

RBI rides to rescue, unveils steps to cool rising bond yields

The RBI has allowed an additional 2.5 per cent of deposits for banks as HTM for the second half of the current financial year

01 Sep 2020 12:28 PM

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Don't jump, Rs 2000 currency notes slowly being phased out

As per RBI's latest annual report, the big note was not printed at all during 2019-20

26 Aug 2020 9:24 AM

We've good news: Crooks stole only Rs 28k crore during corona quarter

Bank frauds down from Rs 43k crore seen in the April-June quarter of 2019

26 Aug 2020 8:58 AM

Merger of ICICIGI, Bharati Axa is just the beginning

Promoters are finding it diffiult to raise capital and may turn to listing on the stock exchanges

24 Aug 2020 6:17 PM

Rate cuts don't interest MPC any more. Let's worry about inflation now

Report by SBI research says we're at the end of the rate-cut cycle which began in Feb. 2019

22 Aug 2020 12:12 AM

RBI defers EMIs on all loans for 3 months

Key rate cut by an unprecedented 75 pts

27 Mar 2020 2:57 PM

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Coronavirus recession could be worse than 2009, warns IMF

Mulls SDR allocation to provide liquidity to global economy

24 Mar 2020 11:08 PM

Basic mediclaim policy covers Covid-19

Most individual health insurance policies cover up to 30 days of pre-hospitalisation expenses and 60 days of post hospitalisation expenses.

06 Mar 2020 2:55 AM

Fed raises RBI rate cut hopes, bonds gain

The Indian 10-year bond yields fell 12 basis points to close at 6.23 per cent.

05 Mar 2020 1:41 AM

Rupee sheds 55 paise, hits 15-month low over Covid-19

Other emerging markets are in the initial stage of becoming the victim of a contagion effect, last occurred in 2018.

03 Mar 2020 2:33 AM

LIC IPO may get delayed, says Fitch Ratings

LIC has a premium-based market share of almost 70 per cent in life insurance sector.

27 Feb 2020 4:28 AM

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India will need over 1,000 actuaries: Irdai

Khuntia also said Irdai has not yet received any official proposal from LIC to list on the bourses.

19 Feb 2020 6:56 AM

IBC cases: Haircut rises to 88 per cent in Q3

While the amount yielded on resolution as a percentage of liquidation value is high at 200 per cent, it has been declining.

17 Feb 2020 5:31 AM

RBI steps to boost credit growth risky: Fitch

The CRR is the percent of its cash deposits a commercial bank must maintain with the RBI.

11 Feb 2020 4:20 AM

SBI cuts rates, says more next time

SBI announced a reduction in its MCLR by 5 basis points across all tenors while BOI cut MCLR by 10 basis points for maturities up to six months.

08 Feb 2020 3:14 AM

Budget proposals to impact growth of life insurers

The net impact of the change will range from 50 basis to 200 basis points on the margins and upto 5 per cent on the valuations.

07 Feb 2020 2:09 AM

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