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Bank Of India
Business  /  Published 30.10.20

Credit growth belies talk

The lending activity of banks does not square with the Centre’s claims that the economy has started to recover, based on its interpretation of read-outs from some high frequency indicators. Acc...
By Our Bureau in Calcutta

Business  /  Published 30.10.20

Axis tweaks Max acquisition plan

Axis Bank on Friday said the Reserve Bank has not allowed it to directly acquire a 17 per cent stake in Max Life Insurance and the lender will now purchase shares in the life insurer along with its su...
By Our Bureau in New Delhi

Business  /  Published 30.10.20

DHFL promoter offer rejected

The Rs 43,000-crore repayment offer made by the promoter of DHFL — Kapil Wadhawan — has reportedly not found favour with the legal adviser to the troubled mortgage lender. Wadhawan, who i...
By Our Bureau in Mumbai

Business  /  Published 29.10.20

RBI to buy state bonds

After a successful auction of state government bonds a week ago, the Reserve Bank of India (RBI) on Thursday announced another open market operation (OMO) of Rs 10,000 crore on November 5. The auctio...
By Our Special Correspondent in Mumbai

Business  /  Published 28.10.20

SBI takes $1bn loan from Japan

State Bank of India (SBI) on Wednesday said it has signed a loan agreement of up to $1 billion with The Japan Bank for International Cooperation (JBIC). The loan will facilitate the operations of Jap...
By Our Special Correspondent in Mumbai

Business  /  Published 27.10.20

RBI: interest waiver terms

The Reserve Bank of India (RBI) on Tuesday asked all lending institutions, including non-banking financial companies, that by November 5 they must implement the scheme of waiver of interest on interes...
By Our Special Correspondent in Mumbai

Business  /  Published 27.10.20

Fiscal deficit alert to states

The Reserve Bank of India (RBI) on Tuesday warned the additional outgo of states to combat the impact of Covid-19 will significantly erode their hard won fiscal prudence achieved over the past three y...
By Our Special Correspondent in Mumbai

India  /  Published 27.10.20

‘Urgent’ plea on poll bonds

...
By Our Legal Correspondent in New Delhi

Business  /  Published 25.10.20

Das tests Covid positive

Reserve Bank of India (RBI) governor Shaktikanta Das on Sunday said that he has tested positive for Covid-19. He is 63. “I have tested Covid-19 positive. Asymptomatic. Feeling very much alright...
By Our Special Correspondent in Mumbai

India  /  Published 25.10.20

RBI governor tests Covid positive

Currently, the RBI has full strength of four deputy governors B P Kanungo, M K Jain, M D Patra and M Rajeshwar Rao. The RBI governor was quite active during the lockdown period and post unlock period...
By Our Bureau, Agencies in New Delhi


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