Indian economy likely to contract 5% in FY21: S&P Global Ratings
Indian economy is most likely to contract 5 percent in the current fiscal as the nationwide lockdown imposed to curb…
28 MAY 2020
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SBI expands loan moratorium to eligible customers; cuts FD rates by 40 bps
India biggest public sector lender the State Bank of India (SBI) is expanding the moratorium relief in adherence to RBI’s…
28 MAY 2020
India’s GDP growth to remain negative in 2020-21: RBI
The Reserve Bank of India (RBI) today slashed India’s growth projection for FY21 as the Covid-19 pandemic has disrupted economic…
22 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
Kotak Mahindra Bank unveils Video KYC option for savings account on boarding
Private lender Kotak Mahindra Bank unveiled India’s first Video KYC facility for customer onboarding, five months after the banking regulator…
19 MAY 2020
Lockdown 4.0 guidelines on what’s open and what’s closed: Read Inside
India entered its first day of the fourth phase lockdown on Monday which happens to be different from the earlier…
18 MAY 2020
Can banks reverse the COVID 19 economical damage in India?
The effect of COVID-19 has sent out shock waves across the world and India is experiencing its heat on the…
18 MAY 2020
Coronavirus Update: Nirmala Sitharaman raises states’ borrowing limit to 5% from 3%
The centre on Sunday raised the borrowing limit for the state governments to 5 percent from 3 percent, while making…
18 MAY 2020
Nirmala Sitharaman to address media at 4 PM on fourth tranche of economic package
Finance Minister Nirmala Sitharaman will be addressing a Press Conference in New Delhi today at 4 P.M. in a bid…
16 MAY 2020
Lockdown expected to be extended till May 31 with more relaxations
Centre is likely to extent the lockdown for another two weeks after May 17 for restricting the widespread of Covid-19.…
16 MAY 2020
