Banking & Finance
RBI cuts repo rate by 25 bps to 6%; home and car loan to be cheaper
A dream of own home and car of people may come true, as EMI of home or car loan is going to be eased. The Reserve Bank of India (RBI)...
Read moreIDBI Bank Officers’ Association to go on hunger strike
IDBI Bank on Tuesday said that its all-India Officers' Association will observe a one-day nationwide hunger strike on March 30, over various demands. "The Bank is in receipt of notice...
Read moreLiquidity position to get Rs 35K cr further boost via rupee-dollar swap: Subhash Chandra Garg
The finance ministry and the Reserve Bank of India (RBI) on March 25 said the liquidity situation of the economy is comfortable and it will be boosted further by Rs...
Read moreGovt extends IGST, compensation cess exemption under various export promotion plans
Giving relief to exporters, the government has extended IGST (Integrated Goods and Service Tax) and compensation cess exemptions for goods procurement under certain export promotion schemes till March 2020. These...
Read moreRBI Governor to hold pre-policy meet with trade bodies, rating agencies on March 26
Reserve Bank of India (RBI) Governor Shaktikanta Das will hold discussions on March 26 with representatives of trade bodies and credit rating agencies on interest rate and steps to boost...
Read moreBank of India raises Rs 660 cr by selling shares to employees
State-owned Bank of India (BoI) on Tuesday said that it has raised Rs 660.80 crore by issuing shares to employees under Employee Share Purchase Scheme (ESPS). The bank issued 6,25,52,188...
Read moreED files fresh charge sheet against Nirav Modi
The Enforcement Directorate has filed a fresh charge sheet against PNB scam accused Nirav Modi under the anti-money laundering law, officials said on Monday. They said the charge sheet or...
Read morePNB sanctions loans worth Rs 689 cr to 1,600 MSMEs
State-owned Punjab National Bank (PNB) has sanctioned loans worth Rs 689 crore to over 1,600 Micro, Small and Medium Enterprises (MSMEs) through the psbloansin59minutes.com portal as part of its effort...
Read moreNo data on demonetised Rs 500, 1,000 notes used at petrol pumps: RBI
The RBI in reply to an RTI query said that it has no data on the old 500 and 1,000 rupee notes used to pay for utility bills such as...
Read moreGold rises Rs 200 on renewed demand, firm trend overseas
Snapping its downward trend, gold prices on March 8 witnessed a rise of Rs 200 to Rs 33,270 per 10 grams at the bullion market here on fresh buying from...
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