Search Results for: automotive sector

SBI, ICICI Bank, HDFC Bank, LIC, others to invest Rs 11,700 crore to revive Yes Bank

Public-sector undertaking State Bank of India will be joined by seven other private lenders namely HDFC Bank, ICICI Bank, Kotak Bank, Axis Bank, Damani, Jhunjhunwala, and Azim Premji Trust to pick up stake and support revival of Yes Bank. LIC has also been roped in by the RBI to revive the private-sector lender

Mar 13, 2020

Here's why SBI cut interest rate on its saving banks account to 3%, issued AMB waiver

State Bank of India (SBI) has cut the interest rates on its savings bank account to 3 per cent and has also done away with the need for customers to maintain an average quarterly balance.

Mar 13, 2020

Deposited money is safe: RBI asks state government to stop withdrawals from private banks

The trigger of such heavy withdrawal is believed to be the Yes Bank crisis that was superseded by the RBI placed restrictions on withdrawals.

Mar 13, 2020

Coronavirus scares: Contingency planning on top of the agenda for global financial firms

Large financial institutions and corporates are ramping up their contingency planning efforts to combat the spread of coronavirus amongst its staffers, which include telling them to self-quarantine for 14 days if exposed to someone suffering from the virus, deep cleaning of offices and splitting operations such that some staff can work-from-home in affected regions.

Mar 12, 2020

No relief package for telcos 'under consideration': DoT to re-examine AGR documents

Ever since Mukesh Ambani led Reliance Jio Infocom entered the telecom market, the tariff has drastically reduced which in turn has affected the revenues of telecom companies

Mar 12, 2020

China's slowdown and disruption in supply: Impact of coronavirus outbreak on global trade

With the widespread coronavirus attack on a global rise, it is becoming increasingly difficult for businesses to sustain the growth momentum through the last few weeks. The trade and business in India has been worst hit by $348-million, according to a UNCTAD report. This is much lesser in comparison to the impact borne by the world's leading economies - the EU, the US, Japan and South Korea.

Mar 12, 2020

Coronavirus: Mosques in Singapore closed for 5 days after two Covid-19 positive cases

All mosques in Singapore will be closed for 5 days for disinfection purposes to contain the spread of the virus.

Mar 12, 2020

IRDA directs health insurers to include medical cover for COVID-19 in all policies

The insurance market regulator has also asked insurers to expeditiously settle hospitalization claims related to coronavirus disease under health policies.

Mar 12, 2020

SBI removes minimum balance charges for all saving accounts

SBI had already announced slashed MCLR or marginal cost of fund-based lending rate by up to 15 basis points that would come into effect from March 10.

Mar 12, 2020

Coronavirus update: WHO declares Covid-19 pandemic, what it means?

Coronavirus is spreading at a faster rate around the world and WHO has rung the alarm on its outbreak by declaring Covid-19 a pandemic.

Mar 12, 2020

Economic impact of Coronavirus outbreak: What should global policymakers do to avert crisis?

Besides economic uncertainty that currently exists, the coronavirus outbreak will cost the global economy up to $2 trillion, according to findings in the UNCTAD report. It might trigger a recession in some countries and a deceleration of global annual growth to below 2.5 per cent.

Mar 10, 2020

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Search Results for: automotive sector

SBI, ICICI Bank, HDFC Bank, LIC, others to invest Rs 11,700 crore to revive Yes Bank

Here's why SBI cut interest rate on its saving banks account to 3%, issued AMB waiver

Deposited money is safe: RBI asks state government to stop withdrawals from private banks

Coronavirus scares: Contingency planning on top of the agenda for global financial firms

No relief package for telcos 'under consideration': DoT to re-examine AGR documents

China's slowdown and disruption in supply: Impact of coronavirus outbreak on global trade

Coronavirus: Mosques in Singapore closed for 5 days after two Covid-19 positive cases

IRDA directs health insurers to include medical cover for COVID-19 in all policies

SBI removes minimum balance charges for all saving accounts

Coronavirus update: WHO declares Covid-19 pandemic, what it means?

Economic impact of Coronavirus outbreak: What should global policymakers do to avert crisis?

Yes Bank enables inward IMPS, NEFT transactions; customers can now pay dues

Mother-daughter duo found dead with stab injuries in Delhi's New Ashok Nagar

Engine, chassis, windshield, dashboard: and we're not even talking about a car. It's a watch.

International Women's Day: Meet the 15 achievers awarded with Nari Shakti Puraskar by Prez Kovind

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]