Tuesday, Jan 28, 2020 | Last Update : 01:06 AM IST


HDFC plans to raise Rs 50,000 crore via bonds

The bank said its board will consider the proposal at its meeting on April 20, when it will also announce its quarterly results.

09 Apr 2019 1:36 AM

Lakshmi Vilas board okays merger with Indiabulls HF

The merged entity will be christened as Indiabulls Laxmi Vilas Bank.

06 Apr 2019 1:48 AM

Bank of India to sell 25 per cent in Star Union Dai-ichi

The Reserve Bank of India had removed BoI from its prompt corrective action (PCA) framework in January, easing some restrictions on lending.

06 Apr 2019 1:43 AM

New NPA framework soon

Banks had to treat a company as a defaulter even if it missed the repayment schedule by a day.

05 Apr 2019 1:13 AM

RBI slashes repo rate, lowers GDP growth forecast

Repo rate is the key interest rate at which the RBI lends short-term funds to commercial banks.

05 Apr 2019 1:13 AM


Supreme Court quashes RBI’s February 12 circular on one-day default

The court also held that reference under IBC has to be on case-specific basis and with authorisation of the central government.

03 Apr 2019 12:23 AM

RBI may cut rate by 25 bps to spur economic activity

The MPC will meet from April 2 to 4 for the first bi-monthly policy statement for 2019-20, the central bank said in a release on Monday.

02 Apr 2019 6:23 AM

Another $5 billion dollar-rupee swap auction on April 23

This would be the second such auction within a month.

02 Apr 2019 6:21 AM

Rupee deters India Inc from foreign borrowing

Domestic firms had raised as much as $3.1 billion through the external commercial borrowing (ECB) route in February 2018.

30 Mar 2019 1:18 AM

RBI’s $5 bn forex swap auction proves a hit

Earlier this month, the RBI had announced that it would buy dollars from banks for three years and offer them rupees in return.

27 Mar 2019 1:41 AM


Insurance cost goes up to 9-fold for companies

Eight segments suffer steep hike as GIC Re increases rates.

25 Mar 2019 1:23 AM

Fitch cuts GDP growth to 6.8 per cent for next fiscal

It has also cut the GDP growth forecast for current fiscal to 6.9 per cent from 7.2 per cent projected in December.

23 Mar 2019 1:59 AM

SBI raises Rs 1,251 crore via debt

The bonds carry a coupon of 9.45 per cent payable annually with call option after five years.

23 Mar 2019 1:59 AM

RBI categorises IDBI as private sector bank

LIC acquisition of majority stake prompts reclassification.

15 Mar 2019 1:25 AM

Competition for deposits to rise

The PCA framework had restricted public sector banks to lend and thereby led to a lower focus from them on deposit mobilization.

12 Mar 2019 1:59 AM


Essar: NCLT clears ArcelorMittal’s bid

Clearing ArcelorMittal's bid, NCLT said that it cannot impose judicial view over banks’ wisdom.

09 Mar 2019 1:06 AM

Rupee closes at highest level in two months

The dollar index, which gauges the greenback's strength against a basket of six currencies, slipped 0.02 per cent to 96.85.

08 Mar 2019 12:35 AM

Bank recap may not mean faster loan growth

The agency noted that the authorities' approach to the banking sector has clearly shifted towards spurring lending in recent months.

28 Feb 2019 12:32 AM

Allahabad, Corp Bank, Dhanlaxmi out of PCA

BoI, BoM & OBC were taken out of framework.

27 Feb 2019 3:08 AM

Despite RERA, title cover has no takers

Insurers blame the delay in notifying the rules under the Act by respective state governments for the slow offtake of title insurance covers.

27 Feb 2019 1:52 AM