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New NPA resolution norms soonBusiness
New NPA resolution norms soon

The SC had declared the RBI’s Feb. 12 circular as ultra vires of Section 35AA of the BR Act.

7 Jun 2019 1:39 AM IST

RBI cuts repo rate for 3rd time by 25 bpsBusiness
RBI cuts repo rate for 3rd time by 25 bps

Rate hits 9-year low, RBI hints at more rate cuts.

7 Jun 2019 1:17 AM IST

Fitch cuts ICICI, Axis Bank ratingBusiness
Fitch cuts ICICI, Axis Bank rating

BB rating indicates speculative grade and BBB poi-nts to good credit quality.

4 Jun 2019 2:51 AM IST

Batliboi barred from auditing banksBusiness
Batliboi barred from auditing banks

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

4 Jun 2019 2:48 AM IST

Rupee, bond market rally on global, local tailwindsBusiness
Rupee, bond market rally on global, local tailwinds

The debt market too has seen tremendous momentum, with the 10-year yield coming off around 40 basis points since the...

4 Jun 2019 2:45 AM IST

RBI may keep rates on hold this timeBusiness
RBI may keep rates on hold this time

MPC could opt for liquidity injection measures.

3 Jun 2019 1:26 AM IST

DHFL to file results lateBusiness
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 1:17 AM IST

United States removes India from currency monitoring listBusiness
United States removes India from currency monitoring list

The Trump administration last week said that it planned to penalise countries that undervalue their currencies.

30 May 2019 12:58 AM IST

BPCL’s insurance cost nearly doublesBusiness
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...

21 May 2019 1:07 AM IST

United States-China trade tiff may not help Indian exportsBusiness
United States-China trade tiff may not help Indian exports

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

18 May 2019 1:28 AM IST

Promoters find it difficult to exit insurance businessBusiness
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...

16 May 2019 1:43 AM IST

Provisioning key theme of bank results in 4th quarterBusiness
Provisioning key theme of bank results in 4th quarter

Profits down for top PSBs, smaller banks narrow losses, Pvt banks shine.

15 May 2019 3:03 AM IST

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