Bank credit inflates to 6.52 percent; deposits rise to 10.64 percent
Bank credit inflated by 6.52 percent year-on-year to Rs reach 102.52 lakh crore, while deposits increased 10.64 percent to Rs…
21 MAY 2020
News
Home
/
News
Centre clears states tax share of Rs 46,038.70 crore for May
The finance ministry on Monday said that it has cleared states share of Rs 46,038.70 crore for May instalment of…
21 MAY 2020
India is likely to enter recession, warns ICRA
Rating agency ICRA has revised its growth expectation pertaining to India to a 5 percent contraction in the current fiscal…
21 MAY 2020
Lockdown 4.0: Cabinet Okays stimulus package, airlines to begin operations from May 25
The Union Cabinet cleared the special liquidity schemes of Rs. 3.3 lakh crores for stressed non-banking financial companies (NBFCs), housing…
21 MAY 2020
RBI pushes usage of digital modes for banking transactions
As the nation enters lockdown 4.0, the banking regulator Reserve Bank of India (RBI) on Wednesday once again pushed the…
20 MAY 2020
NBFCs more vulnerable to Coronavirus than banks: Moody’s
Disruptions caused due to Covid-19 pandemic will further worsen the asset quality of non-bank financiers, a segment which is more…
20 MAY 2020
COVID-19 to drag 60 Million people into ‘extreme Poverty’, warns World Bank
The coronavirus pandemic will push 60 Million people into ‘extreme Poverty’, warned World Bank Group President David Malpass during a…
20 MAY 2020
Lendingkart raises Rs 319 crore in D funding
Lendingkart, FinTech SME lender, has raised an equity round of around Rs 319 crore in its series D round. The…
20 MAY 2020
Bank of Baroda to assign agencies to scrutinize Rs 4 lakh crore NBFC loans
India’s third largest bank by loan size Bank of Baroda has appointed agencies in a bid to monitor the entire…
20 MAY 2020
Virtual hearing on GST, excise related now allowed on Whatsapp
Virtual hearing of all demand notices pertaining to indirect taxes such as goods and services tax (GST) can now be…
20 MAY 2020
