Tag: Bank
Union Cabinet Approves Yes Bank Reconstruction Scheme
The Union Cabinet on Friday approved a reconstruction plan for cash-strapped Yes Bank, under which the State Bank of India will pick up 49 per cent of the equity, while private investors will be allowed to buy the rest. ....
Govt Notifies Yes Bank Reconstruction Scheme, Bank To Resume Operations Next Week
The government on Saturday notified the scheme of reconstruction for cash-strapped Yes Bank Ltd, paving the way for the lender to resume full operations. ....
Will Not Sell Any Share In Yes Bank For Next 3 Years: SBI Chairman
State Bank of India Chairman Rajnish Kumar on Tuesday said that the state-run bank will not sell any of its shares in the crisis-hit Yes Bank in the next three years. ....
Govt Sharply Cuts Small Savings Rates, PPF To Get Just 7.1% Now
The government on Tuesday steeply cut interest rates on various small savings schemes in line with sharp cut in policy rates announced by the Reserve Bank of India on Friday where it reduced repo rate by 75 basis points.....
UP Government Cancels Bank Holidays In Lockdown Period
The Yogi Adityanath government has cancelled bank holidays on Mahavir Jayanti (April 6) and Good Friday (April 10).....
Canara Bank Slashes Interest Rates On Loans Upto 35 Bps
Canara Bank has reduced its Marginal Cost of Funds Based Lending Rate (MCLR) on Loans and Advances across all tenors with effect from April, for the amalgamated entity.....
Crowds At UP Banks As Lockdown Extension Appears Possible
With newspapers and television channels announcing the possibility of the national lockdown being extended, people, on Wednesday, started rushing to the banks that witnessed substantial crowds.....
People's Bank Of China Increases Stake In HDFC To Over 1%
The People's Bank of China has increased its stake in the lending major Housing Development Finance Corporation (HDFC) to 1.01 per cent.....
File FIR Against Kejriwal Govt For Shelter Home Fire: DPCC
Delhi Congress President Anil Chaudhary on Thursday demanded that an FIR should be registered against the Arvind Kejriwal-led government for the fire at some shelter homes on the Yamuna river bank, as he accused the Delhi government of criminal negligence and failing to fulfil its duties.....
Stock Market: Sensex Off Highs, 450 Points Up Post RBI's Fresh Measures
The Indian stock market lost most of its initial gains despite the announcement of fresh liquidity measures by the Reserve Bank of India (RBI).....
