EconomyAug 7, 2019, 5:20 PM IST
The Gross Domestic Product (GDP) has been lowered marginally from 7% to 6.9% for the year 2019-20. The Reserve Bank of India has cut the repo rate by an unusual 0.35 percentage points to 5.40% in its third monetary policy review for the current financial year. Repo rate is the rate at which the RBI lends to banks.
IndiaAug 3, 2019, 5:01 PM IST
The Reserve Bank of India has imposed fine on Allahabad Bank, Bank of Maharashtra, Bank of Baroda, Bank of India, Indian Overseas Bank, United Bank of India and Oriental Bank of Commerce Bank for violating norms on current account opening
IndiaAug 1, 2019, 1:12 PM IST
Vijay Mallya, the defaulter who has escaped to London, has tweeted about the issue of bank harassment while condoling the death of Cafe Coffee Day owner VG Siddhartha. But the question remains, despite bank harassment, how did Vijay Malllya escape to UK?
EconomyJul 8, 2019, 7:46 PM IST
The RBI reduced the key policy rate thrice with an aggregate reduction of 0.75 percentage points in the repo rate, the rate at which RBI lends to banks.
IndiaJun 19, 2019, 11:43 AM IST
Former chief minister of Andhra Pradesh, Chandrababu Naidu, may have to vacate his present residence at Undavalli, which is located on the banks of the Krishna river in Amaravati
IndiaJun 11, 2019, 4:02 PM IST
The private bank employees allegedly took the woman to a resort after promising her a job in the bank and raped her.
EconomyJun 6, 2019, 12:27 PM IST
Repo rate is the rate at which RBI lends to its clients generally against government securities. Reduction in repo rate helps the commercial banks to get money at a cheaper rate
PoliticsMay 19, 2019, 10:38 AM IST
The DMK alliance, which has 97 MLAs, is hoping to bag at least 21 of the 22 by-poll Assembly seats to cross the majority mark and topple the AIADMK government in Tamil Nadu. Eighteen seats have already witnessed by-polls. Remaining four that will go to polls on May 19 will stand crucial for the AIADMK
ViewsMay 13, 2019, 6:07 PM IST
Targeting and recovery are just two problematic aspects; solutions could lie in direct benefit transfers
EconomyApr 22, 2019, 4:24 PM IST
The circular, if implemented, would have taken many big companies like Essar Power, GMR Energy, KSK Energy and Rattan India Power to insolvency.
IndiaApr 7, 2019, 2:18 PM IST
The fraud case, according to the sleuths, resulted in a loss of Rs 2,348 crore (approx) for the lending banks/financial institutions/govt exchequer
JobsMar 26, 2019, 4:53 PM IST
Banks jobs vacancies in the major public sector banks which conduct their exams for - clerks (Clerical), specialist officer (SO), probationary officers (PO) and management trainees (MT) through Institute of Banking Personnel Selection (IBPS).
IndiaMar 26, 2019, 2:50 PM IST
Vijay Mallya has offered to pay 100 percent of the amount he owes to Indian banks. He has accused NDA of double standards and has said that his 4000 crore investment into Kingfisher was not recognised and instead slammed.
IndiaMar 25, 2019, 1:07 PM IST
Buried under a debt of more than $1 billion, Jet Airways is struggling to make payments to banks, suppliers, pilots and lessors. This has led to the grounding of at least 40 planes.
EconomyMar 10, 2019, 1:18 PM IST
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