Tag: BI
A Delhi court on Thursday adjourned till May 4 the arguments on cognizance of charge sheet in Aircel-Maxis case, after the Central Bureau of Investigation (CBI) and Enforcement Directorate (ED) sought more time to complete the investigation against former Union Minister P. Chidambaram and his son. ....
The Reserve Bank of India (RBI) will soon come out with a scheme to revive the capital-starved Yes Bank, RBI Governor Shakti Kanta Das said on Friday. ....
The Enforcement Directorate (ED) filed a money laundering case and carried out searches at the residence of the bank's founder Rana Kapoor, officials said. ....
Public shareholders of Yes Bank faced bigger losses on the RBI's latest action on the private sector lender with Friday's stock price of Rs 16.60, meaning that their stake value now stands at Rs 3,880.91 crore against Rs 10,976.82 crore in December 31, a loss of Rs 7,092 crore and it could be more if the stock price is hammered more in coming days.....
State-owned insurer Life Insurance Corporation may consider joining RBI efforts to rescue Yes Bank.....
Crisis-hit Yes Bank's stocks have surged over 60 per cent, a day after Moody's upgraded its outlook for the bank and the Reserve Bank Governor assured that the bank's revival plan is credible bank and it may infuse more liquidity if required. ....
Even as the authorities are busy grappling with the challenges thrown by the coronavirus scare in the country, the Bihar government has increased vigil after reports of bird flu and suspected swine flu cases in the eastern state. ....
Odisha government has planned to set up two of the largest Covid-19 hospitals which will have a combined capacity of 1,000 beds and will be functional within a fortnight.....
In a big relief to the corporate sector, the Reserve Bank of India on Friday allowed a three month moratorium on payment of instalment in respect of all term loans outstanding on March 1, 2020.....
After the RBI Governor announced an emergency rate cut on Friday, Union Finance Minister Nirmala Sitharaman lauded the move and stressed the need for lower cost of retail loans and that reduced interest rate needs quick transmission.....