Wednesday, Nov 13, 2019 | Last Update : 08:08 AM IST


UTI MF writes off entire exposure to DHFL

DHFL failed to make interest and principal payments that were due on June 4.

08 Jun 2019 1:40 AM

SBI to offer repo-linked home loans from July 1

According to experts, the new category of home loans linked to repo rate may see quicker transmission.

08 Jun 2019 1:39 AM

RBI sets new stressed assets norms

Lenders get 180 days to resolve default under new framework.

08 Jun 2019 1:39 AM

New NPA resolution norms soon

The SC had clarified that the Centre has to authorise the RBI to issue direction to banks/non-banks if it were an insolvency case.

07 Jun 2019 6:56 AM

RBI cuts key rate 0.25 per cent, loans might get cheaper

All the six members of the MPC voted in favour of a rate cut as well as change in policy stance.

07 Jun 2019 2:34 AM


Cheque payments refuse to go in a hurry here

India's cheque volume declined by 10.8 per cent between 2012 and 2017 at a CAGR of two per cent.

06 Jun 2019 12:55 AM

Fitch cuts ICICI, Axis rating

BB rating indicates speculative grade and BBB points to good credit quality.

04 Jun 2019 2:18 AM

Batliboi barred from auditing banks

The central bank added that the action taken in the matter has been communicated to the Institute of Chartered Accountants of India.

04 Jun 2019 2:18 AM

Rupee, bond rally on global, local tailwinds

The rupee ended higher by 42 paise at 69.25 on Monday compared to its previous closing.

04 Jun 2019 2:18 AM

RBI may keep rates on hold this time

Weak monetary policy transmission could be a major concern when the MPC meets for 3 days from today.

03 Jun 2019 2:48 AM


DHFL to file results late

The mortgage lender attributed the delay to submissions to be made under the (Indian Accounting Standards) Rules, 2015.

31 May 2019 2:05 AM

US removes India from currency monitoring list

India meets only one out of the three criteria, a significant bilateral surplus with the US in the list.

30 May 2019 2:28 AM

Re rises 49p on yuan appreciation, oil fall

The greenback eased against its major counterparts tracking lower US yields and poor Purchasing Managers Index data from the US.

25 May 2019 1:41 AM

Draft liquidity norms for NBFCs released

NBFCs will have to maintain minimum high quality liquid assets of 100 per cent of total net cash outflows over the following 30 days.

25 May 2019 1:41 AM

BPCL’s insurance cost nearly doubles

The deductible/excess under loss of profit cover due to business interruption this year has increased to 45 days from 30 days in the last policy.

21 May 2019 2:42 AM


Trade war unlikely to aid Indian exports

In the past, China has showcased such tendency and dumped its products at predatory rates in many markets including India.

18 May 2019 2:46 AM

Life insurers see strong growth

April has particularly been fruitful for the listed players in new business premium. All the four listed players saw high growth rates.

18 May 2019 2:33 AM

Promoters find it difficult to exit insurance business

The Indian insurers offer a return on equity (RoE) of 10-20 per cent compared to their Asian counterparts that offer RoE of 40-60 per cent.

16 May 2019 1:20 AM

Provisioning key theme of bank results in 4th quarter

Credit cost for the banking sector, which was 4.8 per cent in Q4FY18, has come down to 2.75 per cent to 3 per cent in Q4FY19.

15 May 2019 1:55 AM

Rupee sheds 62 paise, falls to 11-week low

The Indian currency had opened at 70.12 a dollar and hit a low of 70.54 during the day as oil prices rose over one per cent in global markets.

14 May 2019 2:26 AM