Mumbai (IANS) The State Bank of India (SBI) has increased the cash withdrawal limits through cheques and withdrawal forms for its customers at non-home branches. “To support our customers in this pandemic, SBI has increased the non-home cash withdrawal limits through … read more
New Delhi (IANS) Covid’s second wave is expected to stunt rural demand, consequently, marginally dampening India’s 2021 growth prospects. According to economy observers, heavy impact of pandemic in rural areas as well as rise in healthcare and other associated costs will … read more
Mumbai (IANS) India’s bank credit growth slowed down to 5.6 per cent in March 2021, according to data published by the Reserve Bank of India (RBI) on Friday. In March 2020, credit growth was 6.4 per cent. The central bank’s ‘Quarterly … read more
Mumbai (IANS) The Nifty50 on the National Stock Exchange (NSE) settled at its record closing level on Thursday. It closed at 15,337.85, higher by 36.40 points or 0.24 per cent from its previous close of 15,301.45 points. Healthy buying was witnessed … read more
Mumbai (IANS) Reliance Jio has moved the NCLT against the Committee of Creditors (CoC) of Reliance Infratel Ltd (RITL). According to sources, Reliance Jio, through Reliance Project and Property Management Services Ltd, has filed an application in the NCLT Mumbai against … read more
Mumbai (IANS) Reserve Bank of India (RBI) Governor Shaktikanta Das on Tuesday asked heads of select private sector banks to boost credit flows to retail and small business borrowers and quickly implement all the measures announced by the apex bank on … read more
Mumbai (IANS) India’s benchmark equity indices ended mildly higher after a volatile trade session on Monday. The indices opened higher but soon sold off in the first hour of trade. However, healthy buying in power, realty, oil and gas, and capital … read more
New Delhi (IANS) The Indian government has denied reports that it has asked state-owned banks to withdraw funds from foreign currency accounts abroad in anticipation of their potential seizure with regard to the Cairn legal dispute, terming such information as “false … read more
Kolkata (IANS) Covid-19 has brought several businesses to its knees. But it has also given small opportunities to hungry entrepreneurs, keen to display their social conscience. With companies declaring a work-from-home model and the novel coronavirus pandemic spreading its tentacles, BA … read more
Mumbai (IANS) Hopes of a fresh domestic stimulus along with healthy quarterly results and value buying pushed India’s key equity indices higher on Friday. Accordingly, both the key indices opened on a positive note and maintained their gains. Globally, stocks steadied … read more