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Grapevine: Bandhan Bank mulls merger with holding company to comply with RBI rules

General

16 July, 2020

Grapevine: Bandhan Bank mulls merger with holding company to comply with RBI rules

Kolkata-based private-sector lender Bandhan Bank is considering reducing promoter stake by merging with its holding company Bandhan...

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Banks scramble to beef up defences as coronavirus threatens to sour loan books

Finance

14 July, 2020

Banks scramble to beef up defences as coronavirus threatens to sour loan books

Banks across the nation are raising or proposing to raise at least Rs 1.4 trillion ($19 billion) as the industry ......

Nifty, Sensex rise as Reliance rallies; inflation data awaited

Markets

13 July, 2020

Nifty, Sensex rise as Reliance rallies; inflation data awaited

Indian shares ended higher on Monday, led by a rally in Reliance Industries, ahead of June's inflation data which investors...

Lenders seek RBI nod to recast over $40 bn potential NPAs

Finance

04 June, 2020

Lenders seek RBI nod to recast over $40 bn potential NPAs

Lenders have sought permission from the Reserve Bank of India (RBI) to restructure loans worth Rs 3 trillion ($40 billion) ......

Sensex, Nifty decline as RBI loan relief hits banks

Markets

22 May, 2020

Sensex, Nifty decline as RBI loan relief hits banks

Indian shares slid on Friday, as banks suffered following the central bank’s decision to cut policy rates and extend a ......

Sensex, Nifty enjoy stimulus boost; details eyed

Markets

13 May, 2020

Sensex, Nifty enjoy stimulus boost; details eyed

Indian shares soared on Wednesday after Prime Minister Narendra Modi outlined a 20-trillion-rupee ($266 billion) stimulus package...

Nifty, Sensex track global peers higher on hopes of lockdowns easing

Markets

28 April, 2020

Nifty, Sensex track global peers higher on hopes of lockdowns easing

Indian shares settled more than 1% higher on Tuesday, tracking global stocks higher on hopes of an easing in coronavirus-related...

Indian stocks rise as RBI eases mutual funds' liquidity concerns

Markets

27 April, 2020

Indian stocks rise as RBI eases mutual funds' liquidity concerns

Indian shares ended below the session's high on Monday as gains in financial stocks from the central bank's move to ......

RBI throws lifeline for mutual funds facing redemption pressure

Economy

27 April, 2020

RBI throws lifeline for mutual funds facing redemption pressure

Days after Franklin Templeton Mutual Fund declared the closure of six debt funds, the central bank has announced liquidity worth...

Sensex, Nifty surge as bank stocks rally on RBI boost

Markets

17 April, 2020

Sensex, Nifty surge as bank stocks rally on RBI boost

Indian shares rose in early trading on Friday as heavyweight financial stocks rallied, tracking broader gains in Asia after U.S....

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