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Reserve Bank of India says SBI, ICICI Bank and HDFC Bank remain systemically important banks
The Reserve Bank had issued the framework for dealing with D-SIBs in July 2014.
Press Trust of IndiaJanuary 28, 2021/6:47 PM IST -
Private investment to trickle in once capacity utilisation goes beyond 75%: Uday Kotak
Create government-owned, professionally managed development finance institutions (DFIs) to finance key sectors of the economy, he said.
Press Trust of IndiaJanuary 28, 2021/6:42 PM IST -
SBI asset quality remains healthy: Chairman Dinesh Kumar Khara
He, however, did not share details on the COVID-related loan restructuring for SBI, citing the silent period ahead of the results.
Money9January 28, 2021/6:21 PM IST -
Union Bank of India completes IT integration of all Andhra Bank branches with itself
The amalgamation of Andhra Bank and Corporation Bank with Union Bank came into effect from April 1, 2020.
Money9January 28, 2021/5:53 PM IST -
BITS launches management school
BITSoM will offer a two-year residential MBA degree programme with faculties drawn from the top business schools globally and a course fee of Rs 24 lakh.
Press Trust of IndiaJanuary 28, 2021/5:34 PM IST -
EPFO settles 56.79 lakh COVID-19 advance claims
The amount of disbursals under COVID-19 claims to subscribers is a sizeable amount of over one fifth of the total disbursement during the period by the EPFO.
Press Trust of IndiaJanuary 28, 2021/5:14 PM IST -
Asset allocation key to meeting financial goals
Once we get the goals right – be it child’s education, child’s marriage, buying a home or building a retirement corpus – we can decide on our asset allocation.
Sarbajeet K SenJanuary 28, 2021/4:57 PM IST -
Market tumbles for 5th straight session; Sensex tanks 536 points
Extending its losing streak to the fifth straight session, equity benchmark Sensex plunged 536 points on Thursday, tracking losses in HDFC Bank, Infosys and HUL amid a weak trend in global markets. The 30-share BSE index ended 535.57 points or 1.13 per cent lower at 46,874.36. Similarly, the broader NSE Nifty fell 149.95 points or […]
Press Trust of IndiaJanuary 28, 2021/4:33 PM IST -
Private placement of debt issuance hits all-time high of Rs 7.77 lakh cr in 2020: Report
The largest mobilisation through private placements of debt during the year was by HDFC at Rs 57,813 crore, followed by REC at Rs 53,946 crore, NHAI at Rs 53,463 crore, PFC (Rs 50,966 crore), and Nabard (Rs 50,734 crore).
Press Trust of IndiaJanuary 28, 2021/4:27 PM IST
