Tag: Bank
Chandra, Goyal Skip ED Summons In Yes Bank Case
Essel Group chairman Subhash Chandra and former Jet Airways chairman Naresh Goyal on Wednesday skipped the Enforcement Directorate (ED) summons for questioning in connection with the money laundering probe involving arrested Yes Bank founder Rana Kapoor.....
RBI Cuts Key Rates To 4.40%, Maintains Accommodative Stance
The Reserve Bank of India (RBI) on Friday massively reduced the key lending rates in response to the Covid-19 outbreak.....
Stock Market Today: RBI Rate Cut Fails To Boost Market, Sensex Falls To Trade In Red
Indian stock markets erased all their initial gains on Friday afternoon, with the BSE Sensex trading over 250 points lower, although the Reserve Bank of India (RBI) announced an emergency rate cut of 75 basis points. ....
J&K Bank To Implement RBI Guidelines On Term Loan Moratorium
The Jammu and Kashmir Bank, which has the largest number of branches in J&K and Ladakh union territories, has decided to fully implement the RBI guidelines seeking a three-month long moratorium on term loans.....
Kotak Mahindra Bank, CEO Commit Rs 50 Cr To PM-CARES Fund
Kotak Mahindra Bank and its CEO Uday Kotak have together committed a total of 50 crore to the PM-CARES Fund for the fight against the coronavirus pandemic.....
Telangana Credits Rs 1,500 Each In 74 Lakh Bank Accounts
The Telangana government on Tuesday credited Rs 1,500 each in over 74 lakh bank accounts towards the financial assistance to poor families during coronavirus induced lockdown.....
RBI Unleashes More Firepower; Cuts Reverse Repo Rate, Initiates TLTRO 2.0
To mitigate the impact of economic fallout on financial liquidity due to Covid-19 pandemic, the Reserve Bank of India on Friday announced a set of new measures including a reduction in reverse repo rate.....
ED Chargesheet In Yes Bank Case Delayed, Wadhawans Get Bail
In an embarrassment for the Enforcement Directorate (ED), the Bombay High Court on Thursday granted bail to DHFL promoters Kapil Wadhawan and Dheeraj Wadhawan in the Yes Bank fraud case after the probe agency failed to file its chargesheet within the mandatory 60-day period. ....
Government Introduces 8 Bills On First Day Of Parliament's Monsoon Session
The Central government on Monday introduced back-to-back eight Bills in the Lok Sabha on the first day of the Monsoon Session during four hour 15 minute proceedings. ....
People In Tamil Nadu Will Teach Lesson To Those Practicing Family Politics: Amit Shah
Union Home Minister Amit Shah said on Saturday that the people of Tamil Nadu will teach a fitting lesson to those practicing family politics as was done in the other states. ....
