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Tuesday, March 2, 2021
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No 5-day week in commercial banks: RBI

The Reserve Bank of India (RBI) said it has not issued any direction with regard to a five-day working week for commercial banks. RBI...

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. ...

IDBI 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...

Liquidity 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...

Govt 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...

RBI 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...

Bank 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...

ED 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...

PNB 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...

No 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...

Gold 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...

Manappuram Finance kick-starts doorstep gold loan delivery to customers in Delhi, Mumbai

Manappuram Finance on Friday said that it would offer door-step delivery of gold loan to customers in Delhi and Mumbai. The company will offer the...

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