Search Results for: retail lending

Govt ends price-gouging of masks, sanitizers in India: See new MRP of 'essential commodities'

The Govt has intervened and capped the prices of hand sanitizers, masks and similar products to give relief to the public amidst coronavirus scare.

Mar 21, 2020

Fake hand sanitiser racket busted: Bengaluru Police seizes 8,500 bottles from 2 godowns

After raiding and seizing stock of almost 200 medical shops in Bengaluru city for selling masks and hand sanitisers at exorbitant prices, Bengaluru city crime branch police has now raided two godowns and seized 8,500 fake santisers.

Mar 20, 2020

Government intervenes to save IndiGo from Jet Airways-like crash landing

Coronavirus impact: IndiGo announces pay cut for employees, CEO takes 25% salary cut as India cases rise to 175

The IndiGo CEO stated that senior vice presidents and other top management are taking a 20 per cent pay cut while cockpit crew members are accepting a 15 per cent pay cut.

Mar 19, 2020

How Rajinikanth shielded Ajith when he made bold and controversial speech in front of M Karunanidhi

Rajinikanth had come to Ajith Kumar's rescue when he made a bold and fearless comment in the presence of later M Karunanidhi.

Mar 17, 2020

Apple fined whopping $1.2 billion for its sale practices

The tech giant has been found guilty of meddling with its premium wholesalers and restricting them from decreasing prices on its premium products.

Mar 16, 2020

Market in Red: Sensex falls 2,100 points, Nifty below 9,500

Coronavirus fears continued to weigh on the investor sentiments as the BSE Sensex plunged over 2,100 points on Monday, March 16.

Mar 16, 2020

Coronavirus: Bengaluru Police raids 210 shops black-marketing masks, sanitisers

Over 200 medical shops were raided in the city for allegedly selling masks and hand sanitisers at exorbitant prices, cashing in on soaring demand due to Coronavirus outbreak.

Mar 15, 2020

Good news for depositors as Moratorium on Yes Bank to be removed on March 18

On March 5, the Reserve Bank of India superseded the board of Yes Bank after it was unable to raise fresh capital.

Mar 14, 2020

Brazilian President Jair Bolsonaro's communications chief Fabio Wajngarten with US president Donald Trump

Coronavirus Scares: Trump might be infected, Ivanka in self-isolation after Brazil meetings

US president Donald Trump denies responsibility for administration failures earlier during the coronavirus outbreak and declares national emergency to allocate $50 billion in federal resources to fight out the viral spread of the pandemic. Meanwhile, Ivanka Trump chooses self-isolation after meetings with the Australian Home Affairs Minister Peter Dutton and Brazilian communications director, Fábio Wajngarten who were later tested Covid-19 positive.

Mar 14, 2020

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

Flipkart, Unacademy, Meesho and Zerodha issue work from home mandate due to coronavirus

In one of corporate India's biggest work from home experiments battling the spread of coronavirus, Flipkart mandates its 11,000-strong workforce to work-from-home for the next three days. Also, Bengaluru-based startups - Fintech player Instamojo, edtech player Unacademy, Urban mobility platform Bounce, social commerce firm Meesho and Zerodha have asked their staff to mandatorily work from home.

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

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

Founder and former managing director of Yes Bank Ltd, Rana Kapoor

Yes Bank crisis explained: What led to the downfall of India's fifth largest private lender?

An RBI moratorium was the last resort to ensure Yes Bank lives through its crisis of deteriorating financial health and a huge pile of bad credits, while State Bank of India stepped in to save the bank by suggesting schemes of reconstruction or amalgamation.

Mar 7, 2020

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Search Results for: retail lending

Govt ends price-gouging of masks, sanitizers in India: See new MRP of 'essential commodities'

Fake hand sanitiser racket busted: Bengaluru Police seizes 8,500 bottles from 2 godowns

Coronavirus impact: IndiGo announces pay cut for employees, CEO takes 25% salary cut as India cases rise to 175

How Rajinikanth shielded Ajith when he made bold and controversial speech in front of M Karunanidhi

Apple fined whopping $1.2 billion for its sale practices

Market in Red: Sensex falls 2,100 points, Nifty below 9,500

Coronavirus: Bengaluru Police raids 210 shops black-marketing masks, sanitisers

Good news for depositors as Moratorium on Yes Bank to be removed on March 18

Coronavirus Scares: Trump might be infected, Ivanka in self-isolation after Brazil meetings

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

Flipkart, Unacademy, Meesho and Zerodha issue work from home mandate due to coronavirus

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

SBI removes minimum balance charges for all saving accounts

Yes Bank crisis explained: What led to the downfall of India's fifth largest private lender?

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]