Banking

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Banking - Total results - 1050
RBI extends regulatory benefits under special liquidity facility for mutual funds to all banks
Business

RBI extends regulatory benefits under special liquidity facility for mutual funds to all banks

The Reserve Bank of India on Thursday extended regulatory benefits to all banks including those deploying their own resources to extend liquidity support to the mutual funds under the Special Liquidity Facility for Mutual Funds (SLF-MF) scheme

RBI extends curbs on Mumbai-based The Needs of Life Co-op Bank for six months
Business

RBI extends curbs on Mumbai-based The Needs of Life Co-op Bank for six months

The Reserve Bank on Wednesday extended restrictions imposed on city-based The Needs of Life Co-op Bank Ltd for another six months till 31 October

Rupee surges 52 paise to close at four-week high of 75.66; dollar weakens in overseas market
Business

Rupee surges 52 paise to close at four-week high of 75.66; dollar weakens in overseas market

The rupee surged by 52 paise to close at a four-week high of 75.66 against the US dollar on Wednesday, bolstered by gains in domestic equities and a weak greenback in global markets

Rupee rises 34 paise to 75.84 in early trade; market sentiment improves as more countries announce lifting of lockdowns
Business

Rupee rises 34 paise to 75.84 in early trade; market sentiment improves as more countries announce lifting of lockdowns

The rupee appreciated 34 paise to 75.84 against the US dollar in early trade on Wednesday tracking positive opening of domestic equities and weakness in the American dollar

IndusInd Bank shares zoom 17% after Q4 earnings; lender posts 12% decline in consolidated profit
Business

IndusInd Bank shares zoom 17% after Q4 earnings; lender posts 12% decline in consolidated profit

Shares of IndusInd Bank on Tuesday jumped 17 percent at the close of trade after the company reported its March quarter earnings

Rupee settles 7 paise higher at 76.18 on gains in domestic equities, weak dollar in overseas market
Business

Rupee settles 7 paise higher at 76.18 on gains in domestic equities, weak dollar in overseas market

The Indian rupee rose by 7 paise to close at 76.18 (provisional) against the US dollar on Tuesday, tracking positive domestic equities and a weak American currency in the overseas market

Rupee slips 15 paise to 76.40 in early trade amid volatility in domestic equities; dollar strengthens overseas
Business

Rupee slips 15 paise to 76.40 in early trade amid volatility in domestic equities; dollar strengthens overseas

The rupee depreciated 15 paise to 76.40 against the US dollar in opening trade on Tuesday, amid strengthening American currency overseas and volatility in domestic equities

IndusInd Bank Q4 net profit down 16% at Rs 301.74 cr; bad loan provisions jump 56%
Business

IndusInd Bank Q4 net profit down 16% at Rs 301.74 cr; bad loan provisions jump 56%

IndusInd Bank on Monday reported a 16 percent decline in its standalone net profit at Rs 301.74 crore for the quarter ended March 2020, on higher provisioning

Rupee rises by 21 paise to 76.25 in line with firm stocks; expectations of more stimulus measures from central banks boost sentiment
Business

Rupee rises by 21 paise to 76.25 in line with firm stocks; expectations of more stimulus measures from central banks boost sentiment

The rupee rose by 21 paise to close at 76.25 against the US dollar on Monday, tracking positive domestic equities and weakening of the American currency in the overseas market

Coronavirus Outbreak: Banks have done nothing to help retailers to tide over lockdown crisis, says industry body
Business

Coronavirus Outbreak: Banks have done nothing to help retailers to tide over lockdown crisis, says industry body

Banks have done "sweet nothing" to provide financing to retailers to tide over the lockdown crisis, and the government intervention is needed to avoid mass unemployment in the sector, according to RAI

AMCs, financial stocks jump up to 13% after RBI announces a Rs 50,000-cr special liquidity facility for MFs
Business

AMCs, financial stocks jump up to 13% after RBI announces a Rs 50,000-cr special liquidity facility for MFs

Shares of asset management companies (AMCs) and other financial sector related firms zoomed as much as 13 percent on Monday after the Reserve Bank of India announced a Rs 50,000 crore special liquidity facility for mutual funds

Rupee rises 41 paise to 76.05 in early trade; market participants expect more stimulus measures from top central banks
Business

Rupee rises 41 paise to 76.05 in early trade; market participants expect more stimulus measures from top central banks

The Indian rupee appreciated by 41 paise to 76.05 against the US dollar in early trade on Monday tracking positive opening in domestic equities and weakening American currency in the overseas market

Investors' wealth plunges by Rs 2 lakh cr to Rs 121.74 lakh cr as stock markets snapped a two-day rally
Business

Investors' wealth plunges by Rs 2 lakh cr to Rs 121.74 lakh cr as stock markets snapped a two-day rally

Investor wealth on Friday fell by Rs 2,00,006.26 crore as markets snapped a two-day rally, with the BSE benchmark tumbling 536 points

Finance, bank stocks tumble up to 17.8% after Franklin Templeton MF suddenly closed 6 debt fund schemes
Business

Finance, bank stocks tumble up to 17.8% after Franklin Templeton MF suddenly closed 6 debt fund schemes

Finance and bank stocks tumbled up to 17.8 percent on Friday after Franklin Templeton MF suddenly closed some debt fund schemes

Rupee slips 40 paise to settle at 76.46 on weak domestic equities, strengthening greenback overseas
Business

Rupee slips 40 paise to settle at 76.46 on weak domestic equities, strengthening greenback overseas

The rupee depreciated by 40 paise to settle at 76.46 (provisional) against the US dollar on Friday, tracking weak domestic equities and a strengthening greenback overseas

TLTRO 2.0: Banks scupper RBI plan to offer special liquidity to NBFCs as repo auction gets 50% bids
Business

TLTRO 2.0: Banks scupper RBI plan to offer special liquidity to NBFCs as repo auction gets 50% bids

As feared by the industry and money market watchers, the first auction under the version two of the targeted long-term repo operations (TLTRO 2.0) on Thursday received a muted response from banks as the Reserve Bank received only a little over 50 percent bids for the Rs 25,000 crore on offer

RBI receives 12,850 cr bids for TLTRO 2.0 against Rs 25,000 cr offered by central bank
Business

RBI receives 12,850 cr bids for TLTRO 2.0 against Rs 25,000 cr offered by central bank

The Reserve Bank of India (RBI) on Thursday received Rs 12,850 crore worth of bids for the first targeted long term repo operations (TLTRO 2.0) conducted for an amount of Rs 25,000 crore with a three-year tenor

Rupee surges by 62 paise to close at 76.06; investor sentiment strengthens after RBI announces special OMO
Business

Rupee surges by 62 paise to close at 76.06; investor sentiment strengthens after RBI announces special OMO

The rupee soared by 62 paise to settle at 76.06 (provisional) against the US dollar on Thursday tracking gains in domestic equities and strength in Asian currencies

Rupee rises 48 paise to 76.20 in early trade on foreign fund flows; most Asian currencies rebound
Business

Rupee rises 48 paise to 76.20 in early trade on foreign fund flows; most Asian currencies rebound

The Indian rupee appreciated by 48 paise to 76.20 against the US dollar in early trade on Thursday tracking positive opening in domestic equities and rebound in most Asian currencies

Rupee recovers from all-time low of 76.88; closes 15 paise higher at 76.68 on gains in domestic equities
Business

Rupee recovers from all-time low of 76.88; closes 15 paise higher at 76.68 on gains in domestic equities

The rupee on Wednesday recovered from record low levels to settle higher by 15 paise at 76.68 (provisional) against the US dollar following gains in domestic stocks and some weakness in the greenback against global currencies